Pablo Escobar’s former hitman, Henry Holguín, explains how he exchanged killing for peacebuilding ahead of Colombia’s Total Peace talks….
Tigo UNE to Become Nearly Fully Owned by Millicom After EPM Agrees to Sell Vast Majority of Its Holding – Loans for Stock in Colombia
With Colombia’s third largest mobile carrier in financial turmoil, the radical change was agreed to at the September 13 shareholder meeting….
Avianca to Continue Offering Two Daily Flights from Bogotá to Villavicencio Following Road Closure – Loans for Stock in Colombia
The increase to two daily flights from Bogotá to Villavicencio will become “permanent” and continue even after the road closure ends, per the airline….
President Petro Is Taking Heat in Colombia for Cancelling So Many Meetings – Loans for Stock in Colombia
Petro says the frequent cancellations occur to stave off fatigue and because he allows productive meetings to run long….
His work captured Colombian history and culture in a narrative universe full of not only exaggerated portly figures but also critical and poetic scenes of a vibrant country….
Seizures Suggest Venezuela Is Supplying Colombian Labs with Fertilizer Material Used in Cocaine Processing – Loans for Stock in Colombia
Venezuela produces industrial quantities of urea, tons of which are stolen and smuggled into Colombia to feed cocaine labs….
Colombian Officials Investigating 10 Colombian Soldiers for Posing as Guerrilla and Intimidating Civilians – Loans for Stock in Colombia
The soldiers have been removed from their posts, and the “reprehensible” attack in Boca del Manso includes an allegation of sexual assault….
Concern Over Natural Gas Supply Stability Grows After Public Tender for Plant in Colombian Pacific Region Is Called Off Again – Loans for Stock in Colombia
With this marking the second failed tender, many are concerned for the long-term gas supply in a region that lacks infrastructure and stability….
EPM Received Nearly $1 Billion USD in Insurance Settlement After Damage to Hidroituango Mega-Dam – Loans for Stock in Colombia
EPM revealed the $983 million USD settlement sum last month after a court ordered the Colombian public utility to disclose the figure paid by its insurer Mapfre….
Arajet Celebrates First Year of Operations with Low-Price Tickets and Celebration of Soon-To-Launch Routes – Loans for Stock in Colombia
Tickets on sale now through the end of the month will have a base fare of only $7.37 USD in a nod to the carrier’s fleet of Boeing 737 Max 8 fleet of planes….
“Everyone who comes to La Guajira falls in love with its culture and landscapes,” says Zharick Alvear of Solera Travels….
Colombia Restarts Peace Talks with Former FARC Group, but Violence Continues Without a Ceasefire – Loans for Stock in Colombia
Negotiations between Colombia and armed groups do not include a ceasefire between feuding criminal factions — and civilians remain caught in the crossfire….
Avianca to Add 16 Planes and 1,200 Jobs in $473 Million USD Investment – Loans for Stock in Colombia
The new Airbus A320 planes are planned to help expand service to 20 locations in Colombia and 10 international destinations….
What Jumps Out: Unlikely Bedfellows Band Together to Call for Interest Rate Cuts in Colombia – Loans for Stock in Colombia
ANDI) and the Ministerio de Hacienda moved together on this plea — in what is hopefully the start of a more harmonious relationship….
With Its Medellín Expansion, TaskUs Is Finding It Easy to Embrace the Paisa Culture of Hospitality and Kindness – Loans for Stock in Colombia
Gonzalez says potential clients “get very excited because it’s not only what TaskUs can do out of a city — but also how the culture of the city blends with the culture for that client. I think it’s a perfect combination….
With a $200 Million USD Investment in Colombia, Maersk Launches 14,000-Square-Meter Fulfillment Center Outside of Bogotá – Loans for Stock in Colombia
The new facility in Funza follows the opening a 3,500-square-meter center in Panama last year and comes as part of a wider strategy to expand in the region….
To Look Beyond Mining, the Caldas Town of Supía Is Aiming to Boost Tourism by Showcasing Its Rich Culture and Beautiful Murals – Loans for Stock in Colombia
“The subject of mining is captured in the culture and the tradition that we have,” says Supía Mayor Marco Antonio Londoño Zuluaga….
Security Experts Say a Feared Turf War Between Armed Groups Is Unlikely to Materialize in Bogotá – Loans for Stock in Colombia
Despite growing concerns among residents, experts said the Gaitanistas and Tren de Aragua both lack the foothold to wage all-out war and that a dramatic rise in insecurity would be unlikely….
Neighbors Ecuador and Colombia Each Continue to Confront Tragic Realities After the Assassination of Fernando Villavicencio – Loans for Stock in Colombia
With its highest homicide rate on record and a series of political killings, Ecuador continues to confront the sad reality of increased violence and involvement in drug trafficking….
Interview: Diego Muñoz of FEDIAC Is Encouraged by All the Signs of Resilience in the Colombian Aviation Industry – Loans for Stock in Colombia
“Colombia has demonstrated resilience to recover from the difficulties that the sector has encountered, especially in passenger cargo movement,” says Diego Muñoz of FEDIAC.
As we could see from the BVC’s Twitter account, the Asobolsa event in Cartagena was a day of soundbites and few ideas or solutions….
Study Details Four New Spider Species Found in Colombian Pacific Region – Loans for Stock in Colombia
One study author suggested “these newfound species might harbor chemical compounds, enzymes, or other unique biological characteristics with potential applications” in medicine and agriculture….
Aris Mining Produced Nearly 105,000 Ounces of Gold in Colombia in First Half of 2023 – Loans for Stock in Colombia
For its Segovia site in Colombia, CEO Neil Woodyer says the firm has an overall 2023 outlook of “a range of between $1,125 and $1,175 per ounce.”…
Rafael Museri Interview: After $50 Million USD Round, Selina Is Focusing on Profitability and Meaningful Experiences for Millennial Travelers – Loans for Stock in Colombia
As Selina matures, it is working to balance its new financial responsibilities with its core mission “to inspire meaningful connections between people globally” at its global properties….
Frontera Energy Highlights Strong Income and Exploration Progress in Second Quarter Report – Loans for Stock in Colombia
New exploration and drilling in Colombia and Ecuador came alongside the Canadian company’s large Guyana discovery this quarter….
Tecnoglass Enters Vinyl Window Market To Accelerate Growth & Expansion – Loans for Stock in Colombia
The strategic move will more than double the addressable market for Tecnoglass….
Parque Arauco To Take $34 Million USD Stake in Bogotá’s Titan Plaza Shopping Mall – Loans for Stock in Colombia
Parque Arauco will have a purchase option for the remaining 49% for a period of 30 months, after 24 months from the closing date of the agreement….
More than 10 Million Colombians Continue to Work in the Informal Economy – Loans for Stock in Colombia
Many Colombians who — even after working tirelessly day after day — do not know what it is like to enjoy a pension, salary, paid vacation, or being eligible for a loan….
Insight Crime: Colombian Criminal Groups Gaining Strength, Expanding Under Gustavo Petro’s Administration – Loans for Stock in Colombia
Colombian President Gustavo Petro promised “Total Peace” but criminal groups are using his friendly approach to expand and strengthen….
Collective Mining Receives Conditional Approval to Upgrade From The TSX.V to The Full TSX Toronto Stock Exchange – Loans for Stock in Colombia
In connection with the listing of the Common Shares on the TSX, the Company will submit a request to voluntarily delist its Common Shares from the TSXV. …
Horatio says content moderation will be a big part of the company’s Colombia operations….
Major Shakeup Hits Ecopetrol as Four Vice Presidents Abruptly Leave the State-Controlled Oil Company – Loans for Stock in Colombia
The board of directors’ decision has spurred fears of a leadership crisis and controversy about the future of Colombia’s most important company….
Arajet to Offer Add-On Ground Transportation to Punta Cana with Flights to Santo Domingo – Loans for Stock in Colombia
“We offer users the convenience of being able to reach their final destination buying everything under the umbrella of Arajet,” said the low-cost Dominican airline….
Report: Latin American Countries Could See Growth as Fashion Industry Looks for Suppliers Outside of China – Loans for Stock in Colombia
With growing concerns about forced labor and deteriorating US-China relations, some companies are increasingly looking for a plan B….
Fitch Says Competition & High CapEx to Pressure Colombia Telecom Credit Profiles – Loans for Stock in Colombia
Colombia’s mobile market is the most saturated in the Andean region, with over 82 million mobile lines for its 50 million citizens….
Frank Pearl To Lead ACP, Colombia’s Largest Petroleum Industry Association – Loans for Stock in Colombia
Pearl was the country’s Environment Minister in 2011 where he led plans for the country to adapt to climate change, and was also High Commissioner for Peace, where he negotiated with guerilla groups ELN and FARC….
Interview: F2R’s Guillermo Pajón Talks About the Promising Future for Colombia’s Motorcycle Industry – Loans for Stock in Colombia
Guillermo Pajón of F2R: “The space that the Japanese brands left, other brands are going to take it … there’s a market for every user and for every pocket, as they say”…
Digging Into a Toxic Trade: Illegal Mining in Amazon Tri-Border Regions – Loans for Stock in Colombia
Illegal mining is by far the most widespread and insidious environmental crime occurring in the Amazon’s tri-border region of Colombia, Brazil, and Peru….
¡Arróz con Mango! Fed Up Passengers Brawl After Avianca Leaves Over 100 Stranded Overnight In Barranquilla – Loans for Stock in Colombia
An ugly brawl broke out when angry Avianca passengers attempted an airport blockade after being left stranded in Barranquilla….
Interview: Despite Political Challenges for the Industry, JC Portal Is Looking for Ways to Support Small Colombian Miners – Loans for Stock in Colombia
“If I was a big miner, I would think twice to come and invest in Colombia.,” says José Portal….
Frontera Energy to Analyze Guyana Oil Discovery in Months to Come Before Making Development Plans – Loans for Stock in Colombia
If the block proves to have the “significant potential” that the company expects, Frontera could upgrade its exploration license to the development phase….
Colombia Making Progress in Fight Against Extreme Poverty but Still Lags Behind Latin American Peers – Loans for Stock in Colombia
Colombia has the fourth highest percentage of people living in conditions of extreme poverty among Latin American countries studied by ECLAC….
What Jumps Out: Candidates to Become Bogotá’s Next Mayor Are All Queueing Up to Fail – Loans for Stock in Colombia
In an unwieldy city without the resources to set itself on the right path, the candidates for Bogotá mayor are all destined to fail — just as others have been before….
The judge sent Nicolás Petro and Daysuris Vásquez to Barranquilla, where they must continue collaborating with authorities….
Hitendra Patel: BPO Companies Must Seize This Moment of Disruption and Become “Always Available” – Loans for Stock in Colombia
“Innovation is hard — it’s not easy — but the results of innovation are tremendous,” says Hitendra Patel of the IXL Center….
Tushar Sharan of Hinduja Global Solutions Explains Why the Service Provider Bet on Barranquilla – Loans for Stock in Colombia
Indian service provider Hinduja Global Solutions (HGS) has launched a new customer experience (CX) hub in Barranquilla, Colombia. On July 18, the company formally held its inauguration, which was attended by HGS’ Group CEO Partha DeSarkar and various Colombian government officials, of a center that …
LatAm Cloud Kitchen Startup Foodology Secures $17 Million in New Funding – Loans for Stock in Colombia
The popular cloud kitchen startup has now raised more than $86.5 million USD and says it plans to solidify its reach in the region.
Fitch Affirms GeoPark’s B+ Credit Rating While Raising Concerns on Falling Reserve Life – Loans for Stock in Colombia
GeoPark’s fossil fuel reserves have fallen below seven years, something Fitch says the firm would be unable to “dramatically reverse” within the next 12 months….
What Jumps Out: Looking at the Economy Before the Start of Another Long Weekend in Colombia – Loans for Stock in Colombia
Banco de la República left rates at 13.25% — no surprise! — and lowered their 1.0% GDP estimate for 2023 to 0.9%….
NY District Attorney Recommends 45-Year Sentence for Colombian Paramilitary Leader Otoniel – Loans for Stock in Colombia
The former AGC leader and drug trafficker could spend the rest of his life in prison in the United States if the sentencing recommendations are following….
Does Colombia Have Its Own “Hunter Biden” Problem? – Colombia Business News Recap – Loans for Stock in Colombia
“Heaven has no Rage, like Love to Hatred turned, Nor Hell a Fury, like a Woman scorned.” – The Mourning Bride (Act III Scene 2) by William Congreve….
Cannabis Company Flora Growth to Exit Colombian Market and Sell Local Assets Amid Losses and Export Challenges – Loans for Stock in Colombia
“The export process from Colombia has proven to take longer and operate with less consistency than we had anticipated,” said board member Hussein Rakine….
Son of Colombian President Gustavo Petro Arrested On Corruption Charges, Nexus With Narcotraffickers – Loans for Stock in Colombia
The charges against his son result from an investigation that the President himself called for….
What Jumps Out: A Particularly Mixed Bag of Economic News This Week in Colombia – Loans for Stock in Colombia
In this weekly news roundup, we saw a drop in retail confidence data but an uptick in industrial confidence — another mixed bag….
Hinduja Global Solutions Opens Customer Experience Hub in Barranquilla – Loans for Stock in Colombia
“HGS believes that the new hub in Barranquilla will act as a catalyst to significantly scale its CX capabilities for its expanding multilingual client base globally.”…
Medellín Startup Somos Internet Secures Seed Round Funding of $13.4 Million USD – Loans for Stock in Colombia
Somos Internets plans to use the funds to improve current infrastructure, enhance product offerings, and expand to new areas of the country, including Bogotá….
IMF Raises Forecast for Latin America and Caribbean GDP Growth to 1.9% for 2023 – Loans for Stock in Colombia
While Colombia was not included in the IMF’s mid-year reassessment, the organization in April projected the nation’s economy to grow by 1.0% in 2023 and 1.9% in 2024….
WeTrade 2023 Business Fair on Diversity, Equity, and Inclusion Comes to Bogotá from July 27-28 – Loans for Stock in Colombia
WeTrade 2023’s theme is “The Power of Diversity,” a concept that will be addressed by speakers from Coca-Cola, Grupo Prisa, Promigas, and more….
Interview: Colombia and the Czech Republic Have a Bright Future for Growth in Mining, ICT, and Trade – Loans for Stock in Colombia
“I believe there’s a bright future for the commercial relations between the Czech Republic and Colombia,” says Pavel Eichner of the Czech Republic’s trade promotion agency….
JetSmart CEO Estuardo Ortiz Honored with Executive Leadership Award at 2023 Airline Strategy Awards – Loans for Stock in Colombia
“We initiated as a startup airline, and in March 2020, when the COVID-19 pandemic began, we were operating 17 aircraft in Chile and Argentina,” said Ortiz at the award ceremony….
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