Foreign tourism to Medellin continues to grow at a fast clip, according to latest statistics provided to Medellin Herald from the Medellin Convention & Visitors Bureau.
Medellin-based flower exporter Flores El Capiro recently won the International Association of Horticultural Producers (AIPH) “International Grower of the Year” award at a ceremony in Essen, Germany.
Colombia’s National Police (Policia Nacional de Colombia, PNC) announced February 3 that they have captured the accused murderer of Japanese tourist Ryo Izaki.
Cormagdalena – the Colombian government agency overseeing a proposed dredging project that would dramatically improve freight movements on the Magdalena River – announced January 31 that project developer Navelena now faces a February 22 deadline to present a new financing scheme.
Thirty-six-year-old Israeli expat Chagai Stern came to Medellin three years ago, riding a comet that has carried him to the starry heights of fame, fortune and friendships with some of the world’s biggest movers-and-shakers.
Editor’s Note: The following column was written by IRS enrolled agent and chartered financial analyst (CFA) John Ohe of Hola Expat Tax Services. Medellin Herald does not specifically endorse the author’s opinion; this column is for general information only and should not be construed as personal tax advice.
Medellin-based national textile and fashion industry trade association Inexmoda announced January 26 that the 2017 edition of the just-completed Colombiatex trade show resulted in US$326 million in business deals – up 4% year-on-year.
Colombia’s national finance agency (Financiera de Desarollo Nacional, FDN) announced January 25 that it approved a COP$300 billion (US$102 million) provisional credit for the under-development “Vias del Nus” highway project linking Medellin northward to the Rio Magdalena and then connecting to key Caribbean ports including Cartagena and Barranquilla.
Plaza Mayor convention center management announced January 20 that they will host more than 600 international and national events in 2017, while recent infrastructure upgrades will help show-off Medellin’s increasingly popular business-tourism opportunities.
The International Monetary Fund (IMF) and the World Bank this month issued nearly identical 2.6% and 2.5% growth projections for Colombia gross domestic product (GDP) in 2017.