General News

Six Domestic ‘Pilot’ Flight Routes from Medellin’s JMC Airport Starting Soon

Medellin Herald August 12, 2020

Colombia’s Ministry of Transport announced August 12 that Medellin’s José María Córdova (JMC) international airport in suburban Rionegro will host six “pilot test” passenger routes — once airlines obtain takeoff/landing “slots” from the Aerocivil regulatory agency. “After being approved

General News

International Monetary Fund Hails ‘Medellín Miracle’ in Interview with Former Mayor Federico Gutierrez

Medellin Herald July 28, 2020

Former Medellin Mayor Federico Gutiérrez (2016-2019) once again is helping to move Medellin into the limelight via an interview published in the latest edition of the International Monetary Fund (IMF) Finance & Development monthly magazine. The former Mayor – now a national political commentator and seen as a likely pre-candidate for Colombia’s Presidential elections

General News

EPM, Medellin Mayor Postpone Debate on Huge Business-Expansion Schemes; Hail Successful Bond Offering

Medellin Herald July 10, 2020

Medellin-based multinational utilities giant EPM announced July 10 that it supports Medellin Mayor Daniel Quintero’s new decision to postpone debate on a proposal that would vastly expand EPM’s areas of business. The proposal (see Medellin Herald July 3, 2020) would have EPM launch into whole new areas nationally and internationally, including highway and mass-transit

General News

EPM Completes 95% of US$330 Million Social, Environmental Spending Around Hidroituango Project in Antioquia

Medellin Herald July 8, 2020

Medellin-based electric power giant EPM revealed July 8 that it has now spent 95% of its COP$1.2 trillion (US$330 million) budget for social and environmental projects in 13 municipalities around its 2.4-gigawatt “Hidroituango” hydroelectric project in Antioquia. The massive spending is benefitting both people and the environment in-and-around the towns of Briceño,

General News

Medellin Adds 1,000 Epidemiological Trackers; Debuts Online Covid-19 Database, Cracks-Down on Irresponsible Partying

Medellin Herald July 3, 2020

Medellin Mayor Daniel Quintero announced July 2 that the city has just added 1,000 more epidemiological trackers to help the city stem the rise in Covid-19 cases. Simultaneously, Medellin debuted an on-line database and mapping program (see: https://www.medellin.gov.co/irj/portal/medellin?NavigationTarget=navurl://48b007fc8d7912ef960824275ea1cb7a ) so that citizens

General News

EPM Promises to Give City of Medellin 55% of its Profits from 2020 to 2023

Medellin Herald June 30, 2020

Medellin-based multinational utilities giant EPM revealed in a June 29 filing with Colombia’s Superfinanciera oversight agency that it has pledged to give 55% of all its profits in 2020 through 2023 to the city of Medellin – its sole shareholder. According to the filing, 25% of profits will go directly to the city while another […]

General News

Medellin Overwhelmingly Complies with Covid-19 Protocols, but Irresponsible Individuals Threaten National Recovery

Medellin Herald June 25, 2020

Medellin and certain other parts of Colombia are now recognized nationally and internationally for outstanding efforts to minimize Covid-19 outbreaks while carefully reopening commercial and industrial sectors — saving millions of jobs and avoiding economic disaster. However, a relatively few irresponsible people are threatening to wreck the great sacrifices and

General News

Medellin’s Short- and Long-Term Municipal Bonds Win ‘Stable’ Ranking from Wall Street

Medellin Herald June 13, 2020

Wall Street bond rater Fitch Ratings announced June 12 that it affirmed the city of Medellin’s long-and short-term debt at relatively favorable “AAA (col)” and “F1 + (col)” ratings. “The outlook for the long-term rating is ‘stable,’” according to Fitch. “The affirmation of the ratings took into account the situation of economic stress as a […]

General News

EPM Putting 1,000 Workers at Hidroituango Site in Voluntary Isolation over Covid-19 Fears

Medellin Herald June 9, 2020

Medellin-based electric power giant EPM announced June 8 that more than 1,000 construction workers at its US$5 billion, 2.4-gigawatt “Hidroituango” hydroelectric project in Antioquia will undergo staggered, voluntary isolation in June and July to avoid possible Covid-19 outbreaks. To date, EPM reports that it has detected 283 cases of Covid-19 infections among Hidroituango

General News

Deposed Antioquia Governor Gaviria: ‘I’m Innocent, Attorney General is Legally Mistaken’

Medellin Herald June 8, 2020

Deposed Antioquia Governor Aníbal Gaviria announced in a June 8 press conference that Colombia Attorney General Francisco Barbosa Delgado committed a grievous legal error in charging Gaviria with corruption over a 2005 highway contract — and likewise went way overboard in removing him from office and putting him under house arrest. Gaviria also revealed that […]