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//covid
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What Jumps Out: Debate Time – Colombia’s Tax Reform 2

Reportedly 100 new ideas have been added to Colombia's second attempt at tax reform this year, and four original provisions have already been axed.
Posted On August 26, 2021
, By Rupert Stebbings
Ecopetrol Huila colloidal dispersion gels injection plant (CDG) in its Dina Cretaceous field
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S&P Reaffirms Ecopetrol At BB+ After ISA Acquisition

S&P left Ecopetrol's individual standalone credit rating at 'bbb- ' with stable outlook, the company announced last week, after its acquisition of electrical grid operator ISA.
Posted On August 26, 2021
, By Loren Moss
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What Jumps Out: Green Shoots?

On a more optimistic note, the MSCI COLCAP finally appears to be gaining a foothold in 2021, we are no longer bottom of the pile and for foreigners in particular, there are bargains to be had.
Posted On August 25, 2021
, By Rupert Stebbings
The all-suite Star Breeze
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Colombia OKs Return Of Cruise Ships, First Ship Arrives Today

Lombana reported that inter-institutional work made it possible to establish biosafety protocols for managing and controlling the risk of COVID-19 in activities related to the arrival, stay and departure of passenger ships.
Posted On August 24, 2021
, By Loren Moss
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What Jumps Out: Back At The Desk

Here in Colombia the market has been crying out for new blood, we have seen multiple names such as Tablemac delist, others including Éxito who are no longer part of the MSCI COLCAP and recently Avianca which has been put on the naughty step due to Chapter 11.
Posted On August 18, 2021
, By Rupert Stebbings
Colombian-Canadian cannabis firm Khiron Life Sciences Corp. (TSXV: KHRN) (OTCQX: KHRNF) (Frankfurt: A2JMZC),
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Cannabis Producer Khiron Issues First Environmental, Social & Governance (ESG) Report

Khiron says the report adheres to global reporting initiative (GRI) standards and reflects the alignment of Khiron's goals with the United Nations Sustainable Development Goals.
Posted On August 11, 2021
, By Loren Moss
Feria De Las 2 Ruedas
1

Feria De Las 2 Ruedas Motorcycle Industry Trade Show Successfully Switched To Virtual For 2021, Returns To Plaza Mayor In May 2022

The Feria De Las 2 Ruedas went online during 2021 and saw strong industry participation, with 61 industry companies giving over 115 multimedia sessions. Feria De Las 2 Ruedas Returns To Medellín's Plaza Mayor May 12-15, 2022
Posted On August 5, 2021
, By Loren Moss
1

Spirit Airlines Operations Collapse, Thousands Left Stranded, Hundreds of Flights Cancelled, Employees Flee Airport, According To Passengers

Just days after reporting a $287.9 million USD quarterly loss, Spirit Airlines gate and ticketing staff are overwhelmed and unable to deal with the thousands of frustrated passengers, many of whom have been stranded in airports beyond 24 hours.
Posted On August 3, 2021
, By Loren Moss
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What Jumps Out : Meat Loaf (and the ratings agencies)

All three agencies said publicly many months ago that they were looking for the tax reform to right the fiscal ship which has been listing badly ever since COVID struck - to put it bluntly, the authorities have failed to deliver - and it is on them.
Posted On July 7, 2021
, By Rupert Stebbings
Image by vkingxl from Pixabay
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Fitch Downgrades Colombia Credit Rating To Junk, Losing Investment Grade Held Since 2011

Colombia's gross general government debt to GDP ratio is forecast to reach 60.8% in 2021, more than double the 30% level when Fitch upgraded Colombia back to the 'BBB' category in 2011.
Posted On July 2, 2021
, By Loren Moss
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