Monday, May 29, 2017

The number of English-speaking expats in Medellin is starting to grow – and along with this growth comes greater demand for bilingual services, including housekeepers, tradespeople (electricians, plumbers, carpenters, masons), drivers, doctors, dentists and many others.


With the opposition Centro Democratico party boycotting the votes, Colombia’s House of Representatives and Senate voted unanimously November 29 and November 30 to approve a revised “peace” deal with the narco-terrorist Fuerzas Armadas Revolucionarias de Colombia (FARC).


Medellin-based construction, energy, cement and port-operator giant Grupo Argos announced November 29 that its third quarter (3Q) 2016 net profits jumped 39% year-on-year, to COP$880 billion (US$286 million) on sales of COP$10.8 trillion (US$3.5 billion), up 24%.


Exito 3Q 2016 EBITDA Improves, but Posts Net Loss

Wednesday, 30 November 2016 14:30 Written by

Medellin-based retail giant Exito reported November 29 that its third quarter (3Q) 2016 earnings before interest, taxes, depreciation and amortization (EBITDA) rose 4.2% year-on-year, to COP$732 billion (US$238 million) on sales of COP$16.5 trillion (US$5.36 billion), up 12.5%.


Wall Street bond rater Fitch announced November 23 that it affirmed the city of Medellin’s national long-term bond rating at “AAA(col)” with a “stable” outlook and the short-term rating at 'F1+(col)'.


Spanish airline Iberia announced November 24 that it will launch three-times-a-week, nonstop service between Medellin’s international airport and Madrid starting March 26 – hence eliminating the current stop in Cali, Colombia.


A BAe-146 jet aircraft (photo above) operated by Bolivia-based charter airline LaMia crashed near Medellin’s Jose Maria Cordoba (JMC) international airport around 10 p.m. November 28, killing 75 passengers and crew -- including most of the members of the “Chapecoense” Brazilian soccer team.


Colombia’s national Institute of Hydrology, Meteorology and Environmental Studies (IDEAM) on November 23 unveiled a new “Air Quality Report 2011-2015” showing that Medellin and Bogota suffer the worst air pollution in the nation.


Antioquia Governor Luis Perez and Israeli Ambassador to Colombia Marco Sermoneta jointly announced November 21 that Israeli companies will invest US$77 million in a novel hydroponic farm project near the town of San Roque in Northeast Antioquia.


Medellin’s hospital, clinic and dental sector enjoys an expanding reputation for high quality and relatively low prices -- which explains why an increasing number of resident expats and medical tourists come here for all sorts of surgical procedures.


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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.

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