Despite all the time that has passed since the accident, the nation continues to hope that the four young children will be found….
Colombia Financial News
Paramilitary Leader Salvatore Mancuso Testifies About AUC Ties to Companies, Politicians, and Military – Loans for Stock in Colombia
Salvatore Mancuso made claims implicating companies including Chiquita, Ecopetrol, Postobón, Bavaria, and Drummond….
Fitch Ratings: Uncertainty Surrounding 4G Toll Roads Top-Up Payments Has Been “Largely Alleviated” – Loans for Stock in Colombia
The concessions expect to receive their payments between May and June 2023, according to the big three rating agency….
Why Intellias Chose Bogotá for Its First Location in Latin America – Loans for Stock in Colombia
Photo: Vitaly Sedler, CEO and co-founder of Intellias. (Photo credit: Intellias) With more and more client demand on this side of the Atlantic, Latin America became a natural draw for Ukraine-born tech provider Intellias. After an extensive site selection search, the globally minded company decided …
What Jumps Out: 6 Questions Surrounding the Nutresa Saga – Loans for Stock in Colombia
What will the Gilinskis do with Nutresa? Will Carlos Ignacio remain with company? What will happen with the stock price?…
Entries Open For Andicom Business Digital Transformation Awards – Loans for Stock in Colombia
In conjunction with the expanded Andicom IT industry event held in Cartagena September 6-8, Andicom organizer Cintel and PwC have opened calls for the Business Digital Transformation awards, given out in six categories: Digital transformation of large companies from corporate strategy Large companie…
Avianca Inks 3 Year Sports Sponsorship With Miami Dolphins – Loans for Stock in Colombia
This is the airline’s first major sponsorship in the US, or related to North American style NFL professional football….
Tecnoglass to Attend Thursday’s B. Riley Securities 23rd Annual Institutional Investor Conference – Loans for Stock in Colombia
Corporate management teams will be available for one-on-one and small group meetings with investors….
Ecopetrol’s New President Advocates for More Oil Exploration in Opposition of Petro’s Goals – Loans for Stock in Colombia
“We have not said that we will not sign new search and exploration contracts,” said Ecopetrol President Ricardo Roa….
Successful F2R Motorcycle Convention Gathered 80,000 Visitors in Medellín – Loans for Stock in Colombia
The convention gathered more than 80,000 visitors in Medellín and helped facilitate the sale of some 850 motorcycles….
U.S. Embassy to Offer Extended Services in Various Colombian Cities in May and June – Loans for Stock in Colombia
The U.S. embassy in Colombia will expand its services in late May and early June in a few key cities across the country to assist U.S. citizens manage their passports, Social Security, and other federal benefits. Passport Services Day: Bucaramanga The first event, called a “Passport Services D…
Colombia Receives Lockheed Offer for New Fleet of F-16 Fighter Jets – Loans for Stock in Colombia
In collaboration with the United States, Lockheed Martin has submitted an offer to the Colombian Air Force to modernize its fleet with its new F-16 fighter jets….
What Jumps Out: What Does the Central Bank See? – Loans for Stock in Colombia
Looking at macro indicators, one is left shaking their head as to what the central bank saw two weeks ago when it raised rates to 13.25%….
Colombian Restaurant Elcielo Miami Awarded Michelin Star for Second Straight Year – Loans for Stock in Colombia
“This is a huge deal and honor not only for our restaurant group but the city of Miami,” said chef Juan Manuel Barrientos Valencia….
Free Report On Latin American Hydrogen Challenges, Changes & Predictions Available Until May 30 – Loans for Stock in Colombia
The report is in support of the upcoming Hydrogen Latin America Congress & Exhibition….
Flora Growth Reports 314% Revenue Growth For 2022, Quadrupling Of Profits – Loans for Stock in Colombia
FLora Growth also increased profit by 494% from $2.4 million to $14.4 million USD….
Former Avianca Chairman Offers To Buy Ultra Air For $1 US Dollar – Loans for Stock in Colombia
Efromovich taking control of Ultra would put him in the position of competing against his old airline, Avianca….
Bogotá Mayor Issues Ultimatum To Colombian Consortium Building Metro On Design Delays – Loans for Stock in Colombia
Lopez has issued an ultimatum giving the Chinese consortium until May 5th….
ProColombia: Digital Nomad Visa Makes Long Stays In Colombia Much Easier – Loans for Stock in Colombia
Colombia’s nomad visa facilitates stays for up to 2 years for qualified individuals & families….
Jetsmart, Latam Want More Protections In Case Of Avianca – Viva Resurrection – Loans for Stock in Colombia
The competitors are primarily concerned about a concentration of slots in Avianca’s hands in Bogotá….
Gustavo Petro Confused About Colombia’s Health Ranking, Gets Publicly Corrected By Fired Health Minister – Loans for Stock in Colombia
Petro has been constantly criticizing Colombian healthcare as he seeks to dismantle private care & replace it with government clinics….
Interview: Mauricio Ferro Returns To Battle With Tank, His New Strategic Communications Firm That Goes Far Beyond PR – Loans for Stock in Colombia
“You have to have a good ESG strategy and it’s not just a matter of knowing a couple or a bunch of politicians.”…
Major Volcano In Colombia On Alert For Massive Eruption – Loans for Stock in Colombia
Nevado del Ruiz is an explosive volcano, so a major eruption would likely be pyroclastic & violent….
Former Bancolombia President In Speech To Gilinski: Stop This War! – Loans for Stock in Colombia
In his speech, Yepes exposes links between Gilinski, Daniel Quintero, & convict Alex Vernot….
How Colombia’s 2022 Tax Reform Affects Corporate Dividends: Ley 2277 of 2022 – Loans for Stock in Colombia
According to article 241 of the Tax Statute, the tax rate of the year 2022, went from 0 to 10% by 2023 from 0 to 39%…
Colombian Gasoline Prices Rise By About 400 Pesos Per Gallon – Loans for Stock in Colombia
Throughout Colombia, gasoline prices are now seen in a range between 11,100 to 11,300 pesos per gallon (roughly $2.40-2.40 per gallon)….
Interview: After Reporting Record 2022 Results Tecnoglass CFO Santiago Giraldo Explains The Company’s Growth – Loans for Stock in Colombia
“It’s as if all the stars lined up for us and what you saw were the results as of 2022, where we were able to grow 44%”…
Ultra Air Struggling To Stay Aloft, Make Payroll – Loans for Stock in Colombia
In an internal document, Ultra asks employees to be patient about their paychecks….
More Aviation Drama In Colombia: Jetsmart Jilts Struggling Ultra Air – Loans for Stock in Colombia
Finance Colombia has reached out to Ultra Air multiple times for comment but has received no response….
Ukraine-Origin IT Outsourcer Intellias Opens Colombian Operations With Big Plans For Continued Expansion – Loans for Stock in Colombia
Intellias expects to hire up to 60 specialists in Colombia by the end of 2023….
Avianca Now Noncommittal On Viva Acquisition After Colombian Regulators Impose Conditions On Deal – Loans for Stock in Colombia
After demanding government approval of the deal, Avianca suddenly claims it has to “wait and see.” Did Avianca want to kill Viva all along?…
Tecnoglass Subsidiary ES Windows, Along With Storm Shield, Launch StormArmour Sliding Door Protection Product – Loans for Stock in Colombia
ES Windows, a subsidiary of Barranquilla, Colombia based architectural glass and aluminum products manufacturer Tecnoglass (NYSE: TGLS) together with Storm Shield Windows & Doors have developed a new product called StormArmour, that is expected to eliminate 99% of water intrusion from sliding d…
Colombian Aviation Regulators Unblock Avianca’s Acquisition Of Viva, But Critical Questions Remain – Loans for Stock in Colombia
The decision provides a remedy for passengers and travel agents, but will Viva ever fly again?…
Arajet Launches Additional Connectivity Between Colombia & The Dominican Republic – Loans for Stock in Colombia
Arajet will offer two weekly frequencies from Cibao International Airport to and from El Dorado International Airport in Bogotá, Colombia….
A Strange Silence Befalls Colombian Government Regarding Avianca – Viva Acquisition – Loans for Stock in Colombia
Bloomberg is reporting an Aerocivil approval based on leaked information, but both airlines say they know nothing….
Nature & Indigenous Culture: José Alfonso Ovalle Explains Why Caquetá Is A Must-Visit Region of Colombia – Loans for Stock in Colombia
Caquetá is a Colombian travel destination where the Amazon, Orinoco & Andes regions all converge….
Grupo Nutresa Files Criminal Complaints In Takeover Battle WIth Jaime Gilinski & IHC – Loans for Stock in Colombia
The lawsuit battles between Jaime Gilinski’s companies and Grupo Nutresa continues as both sides received blows to their cases against each other last week….
Director Of Colombia’s Government Protection Service Survives Assassination Attempt; Inside Job Suspected – Loans for Stock in Colombia
The director for UNP, Augusto Rodríguez, suffered an assassination attempt as he continues his investigation on the alleged irregularities and corruption found within the agency….
Interview: Colombia’s Leather & Footwear Industry Show Their Wares At Annual Industry Event – Loans for Stock in Colombia
Industry representative Andrés Zuluaga says that Colombia’s sustainable leather industry has vast untapped potential….
Tecnoglass Raises Dividend By 20% After Reporting Record Results – Loans for Stock in Colombia
The company’s next quarterly dividend of $0.09 per share will be payable on April 28, 2023….
Civil Unrest Causes Mineros S.A. To Temporarily Suspend Nechi – Loans for Stock in Colombia
Mineros is victim of a dispute between mafia-backed illegal miners and the Colombian government….
What Jumps Out: Politics & Prices – Loans for Stock in Colombia
The absolutely key takeaway from these developments is the fact that the institutions of Colombia are holding very firm….
Interview: Australia’s Ambassador Explains The Country’s Growing Bilateral Relationship With Colombia – Loans for Stock in Colombia
Australian Ambassador Bernard Unkles explains to Finance Colombia’s Loren Moss why Australians are taking such an interest in Colombia…and vice versa….
Colombian Valentine’s Day Flower Exports Resisting Inflationary Pressures – Loans for Stock in Colombia
Higher costs and supply chain challenges are pressuring Colombian flower exports….
What Jumps Out: Only In Colombia? – Loans for Stock in Colombia
President Petro has asked the Prosecutor’s office to investigate his own son and brother for alleged irregularities….
Urgent News For US Social Security Recipients In Colombia – Loans for Stock in Colombia
New enforcement activity by the US federal government may cause lawful but unresponsive recipients to lose benefits….
Arajet Offers Relief for Stranded Viva Passengers Between Colombia & The Dominican Republic – Loans for Stock in Colombia
Arajet is offering certain Viva passengers with disrupted trajectories between Colombia & The Dominican Republic $19 fares….
Tecnoglass Reports Record-Breaking 2022 Full Year, Q4 Results – Loans for Stock in Colombia
Record Q4 Gross Margin, Operating Margin, Net Income, Adjusted EPS & Free Cash Flow…
VIVA GROUNDED, CREW TAKE TO STREETS IN PROTEST SUPPORTING AIRLINE – Loans for Stock in Colombia
Viva last night suspended aviation operations, saying that the low cost carrier has run out of resources and options while waiting on a decision by Colombian government regulators….
What Jumps Out: Politics Politics – Loans for Stock in Colombia
On the markets the Peso had a bumpy week before recovering somewhat by Friday….
What Jumps Out: A Bit Of Everything – Loans for Stock in Colombia
The nationwide taxi protests did not have the effect the cabbies expected….
The Hunt For Viva – Making Sense Of The Players Competing To Acquire The Low Cost Carrier – Loans for Stock in Colombia
The battle for control of Viva goes far beyond Avianca, Jetsmart & Latam. Here are some of the key players…
Understand The Potentially Costly Laws Regarding Tax Residence In Colombia – Loans for Stock in Colombia
Misunderstanding of Colombian tax law can lead to extremely costly double taxation & expensive penalties – even jail!…
US Embassy To Hold US Passport Acceptance Days In Medellín March 16-17 – Loans for Stock in Colombia
Appointments are essential in order to receive services. Please follow instructions carefully….
Avianca Defends Its Acquisition of Viva, Offers Concessions To Regulators – Loans for Stock in Colombia
Avianca is offering concessions to regulators to keep its Viva acquisition alive….
What Jumps Out: News Fest – Loans for Stock in Colombia
Colombia is very rarely, if ever, bereft of news, and this week was no exception. In fact it was a bit of a doozy!…
Bad To Worse: Colombia’s President Gustavo Petro Tells Neighborhood Organizations To Install Their Own Fiber Optic Infrastructure – Loans for Stock in Colombia
Petro is confusing fiber optics with public wi-fi hotspots and demonstrates a lack of understanding of telecommunications in his desire to create a socialist utopia….
Latam Airlines Joins Avianca & Jetsmart With Offer To Acquire Viva – Loans for Stock in Colombia
A Viva acquisition by a strong competitor like Latam could be disastrous for Avianca….
Collective Mining’s Ari Sussman To Present At The OTC Markets Virtual Precious Metals Conference – Loans for Stock in Colombia
The Main Breccia system is a high-grade and bulk tonnage, copper-silver-gold porphyry-related breccia…
Exclusive Interview: Pricesmart Assures All Permits In Order For Poblado, 2nd Medellín & 10th Colombia Location Pledges To Be A Good Neighbor – Loans for Stock in Colombia
Pricesmart’s country manager for Colombia discusses in detail the issues around the warehouse club’s 2nd Medellín location….
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