On the heels of finalizing a US$50 million strategic investment deal with U.S.-based Christus Health last month, Colombian health insurer and clinic operator Coomeva is moving to rationalize its service network and shore-up its financially troubled “Coomeva EPS” subsidiary.
The new “Wingo” subsidiary of Copa Airlines announced October 20 that on December 2 it will launch four-times-a-week, non-stop service from Medellin’s international airport (MDE) to Panama Pacifico airport.
The Colombian-American Chamber of Commerce (Cámara de Comercio Colombo Americana) on October 20 hailed recent advances in the “Plan Vallejo” regulatory and reporting scheme that covers imports and exports into-and-out-of Colombia.
Colombia’s Home Minister (Ministro de Hacienda) Mauricio Cardenas on October 19 finally unveiled a long-awaited, 182-pages-long tax reform proposal that would bring business and investment taxes more in-line with international standards -- and thus help Colombia attract more investment while creating more “formal” employment as well as more personal income taxes.
The Colombian national Congress on October 19 approved a 2017 budget of COP$224 trillion (US$76 billion) on the same day that the Home Ministry (Ministerio de Hacienda) proposed a new tax-reform scheme that aims to make Colombia more competitive and attract more investment.
Colombia’s monthly manufacturing index (“EMM” in Spanish initials) rose 9.4% year-on-year in August 2016 -- the latest month for which statistics are available -- according to an October 19 report from the national statistics department (Departamento Administrativo Nacional de Estadística-DANE).
Colombia’s Agencia Nacional de Infraestructura (ANI, the infrastructure development agency) announced October 12 the opening of another 12.1-kilometers stretch of four-lane divided highway linking Medellin northward to Barbosa, Pradera and other Antioquian towns.
Medellin and Antioquia overwhelmingly voted “no” in the October 2 national plebiscite on whether to ratify a “peace” agreement between Colombian President Juan Manuel Santos and the narco-terrorist Fuerzas Armadas Revolucionarias de Colombia (FARC).
Toronto, Canada-based Continental Gold on September 26 unveiled its first-ever “sustainability” report outlining efforts in favor of environmentally and socially responsible gold mining – mainly at a US$600 million development project at Buriticá, Antioquia.
Medellin’s Philharmonic Orchestra (“Filarmed”) announced September 22 that it has been nominated for a Latin Grammy award for “Best Tango Album” for its live recorded performance last year of the iconic ballads that made Carlos Gardel the world’s most-famous tango singer.