Monday, May 29, 2017

The latest report from Banco de la Republica -- Colombia’s national currency and banking regulator -- shows that foreign direct investment (FDI) in Colombian business sectors other than petroleum and mining has jumped 64% this year, to US$2 billion.


A new study by Colombia’s Superintendencia de Sociedades (corporations oversight agency) finds that national flower exporters realized a big jump in profits in 2015 versus 2014.


Toronto, Canada-based PharmaCielo announced June 28 that it won a manufacturing license from Colombia’s Ministry of Health and Social Protection to process marijuana plants for “medical and scientific purposes.”


Medellin continues to see growth in demand for bilingual and high-tech job candidates, as evidenced in a new series of postings to LinkedIn and CareerMine web-sites.


The tenth annual “Medellin Como Vamos” (How are We Doing) study released June 24 shows that Medellin and its citizens continue to make progresss – but also suffer some shortfalls -- in key areas including business growth, education, environmental protection, public safety, mobility, health and poverty-reduction.


Medellin-based EPM – Colombia’s biggest power producer – on June 25 announced that it has now restored 100% of output at its 560-megawatt (MW) “Guatape” hydroelectric plant in Antioquia following a February 15 fire that had destroyed power cables.


Colombia Government, FARC Ink Cease-Fire Deal

Wednesday, 22 June 2016 15:06 Written by

Colombia President Juan Manuel Santos and Fuerzas Armadas Revolucionarias de Colombia (FARC) leader Timoleon (“Timochenko”) Jimenez formally signed a cease-fire agreement June 23 in Havana, Cuba, a key step before any final “peace agreement” deal would be signed.


The latest Manpower survey of employers in Colombia shows that Medellin companies plan to boost hiring by 14% during third quarter (3Q) 2016, second only to Bucaramanga (up 24%) for all of Colombia.


At a June 17 press conference at the World Economic Forum in Medellin, Coca-Cola FEMSA (Latin America) CEO John Santa Maria joined with PepsiCo Latin America CEO Laxman Narasimhan and Postobon (Colombia) president Miguel Escobar in unveiling a nationwide “Healthy Future” campaign aiming to educate consumers on diet and exercise regimes to avoid obesity.


Medellin’s growing international reputation as a center for high-profile events took another big step forward June 16-17 with some 800 participants at the prestigious World Economic Forum (WEF) 2016 Latin America regional conference.


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SILLETEROS PARADE 2016 by JOHN AND DONNA STORMZAND (click to enlarge)

MEDELLÍN PHOTOS by Gabriel Buitrago (click to enlarge)

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About Medellin Herald

Medellin Herald is a locally produced, English-language news and advisory service uniquely focused upon a more-mature audience of visitors, investors, conference and trade-show attendees, property buyers, expats, retirees, volunteers and nature lovers.

U.S. native Roberto Peckham, who founded Medellin Herald in 2015, has been residing in metro Medellin since 2005 and has traveled regularly and extensively throughout Colombia since 1981.

Medellin Herald welcomes your editorial contributions, comments and story-idea suggestions. Send us a message using the "contact" section.

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