August 8, 2026
Home Articles posted by Medellin Herald (Page 79)
Economy & Finance

Coronavirus-Slammed Businesses Reaching Critical Point on Cash Liquidity: ANDI

Colombia’s national industrial-commercial trade association ANDI on April 14 released results of a national member survey showing that Colombia’s business sector is close to hitting a critical wall on cash liquidity – because of the Coronavirus quarantine crisis. The survey of 172 companies that collectively generated COP$56.8 trillion (US$14.7 billion) in operating income
Other Norms

Colombia Preparing Coronavirus ‘Protocols’ to Enable Return to Work, Production: President

Colombia President Ivan Duque revealed April 13 that his government is now preparing certain regulatory “protocols” that will allow many people currently in Coronavirus quarantine to return to work, many businesses to reopen and the national economy to restart. “We are preparing to beat the Coronavirus, rather than letting the Coronavirus beat us and destroy […]
General News

Update: Medellin ‘Donaton’ Aids Coronavirus Victims; President Frees Food/Groceries Home Deliveries from Hours Restrictions

Utilities giant EPM and the Mayor of Medellin on April 12 generated more than COP$13 billion (US$3.4 million) worth of private donations – both in cash and also in food — through a televised “Donaton por Medellin” campaign, aiming to help Coronavirus victims and especially poor families. Among the first announcing support for the “Donaton” […]
Health & Insurance.

Medellin Consortium Getting Close to Production of Coronavirus Ventilators; Liquor Manufacturer Now Supplying Disinfectant Alcohol

Three prototypes of mechanical ventilators being developed for Coronavirus victims by metro-Medellin-based Sampedro Medical Industries, the University of Antioquia and the EIA University are now set to move to human trials following successful tests at CES University School of Veterinary Medicine and Animal Husbandry here. The development teams are now preparing for tests
General News

EPM Utilities Function Normally Despite Coronavirus Crisis; Hidroituango Moving Forward

Medellin-based multinational utilities giant EPM announced April 8 that it continues work on its US$5 billion, 2.4-gigawatt “Hidroituango” hydroelectric dam in Antioquia despite the Cornavirus crisis that forced quarantines on most commercial and industrial operations. “The works currently being carried out in the [Hidroituango] project are among the 34 exceptions
Banking & Financial Services

IMF Gives Nod to US$10 Billion Loans for Coronavirus Crisis; Small-Medium Businesses Get Payroll Help

The International Monetary Fund (IMF) announced April 9 that its executive board will recommend approval of a US$10.8 billion line-of-credit request to help Colombian businesses and workers weather the economic downturn caused by the Coronavirus crisis. “This renewable credit line helps safeguard against external shocks by providing countries who have very strong policy