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22% of Visitors To Colombia From USA, Followed by Peru (20%) & Panamá (17%)

In the first half of 2019, the number of international visitors passing through Colombian immigration continues its upward trend, with 2,865,070 foreign nonresident visitors between January & August, according to Colombia’s Ministry of Commerce, Industry & Tourism...
Posted On October 4, 2019
, By Loren Moss
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US Navy Hospital Ship USNS Comfort Attends To Thousands of Colombian Patients On Humanitarian Stop In Santa Marta

United States Navy hospital ship USNS Comfort is in Santa Marta, Colombia this week giving free medical care to local Colombian patients, including several complex surgeries on the hospital ship, along with primary medical care in Santa Marta’s Coliseo Mayor Polideportivo...
Posted On August 21, 2019
, By Loren Moss
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US Military, Defense Contractors Present in Force at Colombia’s F-AIR 2019 11th Biennial Aviation & Defense Air Show

Every two years for the past 2 decades, Colombia’s air force along with Corferias, a government events promotion agency organize the F-AIR airshow at the José Maria Córdova international airport in Rionegro, Colombia just outside of Medellín. With the United States once again...
Posted On August 13, 2019
, By Loren Moss
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Moody’s Downgrades Lifemiles Loyalty Program To B2

Moody’s Investors Service last week downgraded to B2 from Ba2 LifeMiles Ltd.’s corporate family and senior secured ratings. The outlook has been revised to negative from stable. LifeMiles, Ltd. is a coalition loyalty, program and the sole operator of Avianca...
Posted On August 5, 2019
, By Loren Moss
Avianca's Boeing 787 Plus taking off
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Avianca Confirms Anko Van Der Werff Appointed As New CEO

Avianca has confirmed in a filing with the US Securities and Exchange Commission The Appointment of Anko Van Der Werff as its new CEO effective July 15
Posted On June 18, 2019
, By Loren Moss
Avianca ATR 72-600
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Avianca Sells Regional Airline Subsidiaries in Nicaragua & Costa Rica

Avianca Holdings S.A.,  (NYSE: AVH) (BVC: PFAVH), through its subsidiaries Grupo Taca Holdings Limited and Nicaraguense de Aviacion S.A., closed the sale of its shares in Turboprop Leasing Company Ltd., parent company of the Costa Rican airline Servicios Aéreos Nacionales S.A...
Posted On June 13, 2019
, By Loren Moss
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Colombia’s 13th Feria de las 2 Ruedas Motorcycle Industry Event Breaks All Previous Records

“Like everything a success”, said event organizer Guillermo Pajón. Colombiá’s Feria de las 2 Ruedas motorcycle industry event offered something for everyone: Industry businesspeople, importers, exporters from around the world, and on the last two days of the expo,...
Posted On May 12, 2019
, By Loren Moss
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Tecnoglass CFO Santiago Giraldo Discusses The Company’s Impressive Growth, Explains The Saint Gobain Deal: Exclusive Interview

Barranquilla Colombia glass manufacturer Tecnoglass (NASDAQ: TGLS) (BVC:TGLSC) has been busy the past year and a half. After posting strong growth numbers in the US, its major export market, the company purchased a large stake in Saint Gobain’s Colombia glass manufacturing...
Posted On April 23, 2019
, By Loren Moss
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Colombia and the U.S. Still Have No Double Taxation Treaty: How Does This Affect You?

In an effort to simplify how business is conducted (and taxes are assessed), many national governments enter into legal agreements designed to clarify the law and mitigate double taxation. The ultimate goal of these agreements is to encourage economic activity and investment...
Posted On July 2, 2018
, By James Baker, CPA
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Digital Marketing Agency Demand Frontier Stakes Claim In Medellín, Sees Rapid Growth

Demand Frontier is a digital marketing agency founded in Texas, with a rapidly growing outpost in Medellín. The business-to-business firm services Fortune-500 companies from both locations, but sees Colombia as key to its plans for growth. Finance Colombia executive editor Loren...
Posted On February 28, 2016
, By Loren Moss
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