Finance Colombia

Finance Colombia stands out as the sole English-language source focused on Colombia's economy, business landscape, and financial industry. It delivers timely and pertinent news aimed at international money managers, multinational leaders, accredited investors, and economists. The publication is run by experienced professionals from the finance and journalism fields, and qualified readers can subscribe for free.

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Medellín Hosting TechFem - Women Who Shine, This Week, May 29, 30

2 weeks ago | financecolombia.com | Loren Moss

Medellín’s Ruta N innovation and entrepreneurship hub will be the epicenter of female leadership in science, technology, and innovation with TechFem this May 29th and 30th. This event highlights women who are transforming the world through science, technology, and innovation.
Chazey Partners Opens FlexBPO Center in Bogotá, Colombia

2 weeks ago | financecolombia.com | Loren Moss

Chazey Partners, a company in operations transformation, has announced the launch of FlexBPO — a service delivery solution designed to provide organizations with flexibility, agility, and transformational capability in delivering key support functions in finance, human resources, procurement, and IT. FlexBPO is a solution purpose-built for today’s dynamic business environment, delivering greater transparency and flexibility than traditional business process outsourcing models.
Interview: How A Medellín-Area Tech Firm is Helping its Global Clients Compete With AI & Data Science

2 weeks ago | financecolombia.com | Loren Moss

In 1900, industry ran on coal. Today, business runs on data. Competitive advantage comes from having the data, but more importantly, knowing how to extract value from it. With the rise of AI, everything everywhere is getting disrupted, all at once. Those companies, governments and individuals who have the resources to deploy artificial intelligence are destined to out-compete the laggards.
Stephan Daoust, Darryl Hill Explain TaskUs’ Choice of Medellín’s Punto Clave for New Facility

3 weeks ago | financecolombia.com | Loren Moss

US based TaskUs continues to grow across the globe, but especially in Colombia. Opening its first location in Cali during the COVID-19 pandemic, the customer experience outsourcing company already has several locations throughout Cali and Medellín Colombia.
Breaking News: Colombian Senate Blocks President Gustavo Petro’s Bid for Labor Plebiscite

1 month ago | financecolombia.com | Loren Moss

This afternoon, the Colombian Senate voted 49 to 47 to defeat President Gustavo Petro’s bid to take a controversial 12-point referendum to Colombian voters that would massively alter Colombia’s current labor regime. Petro called for the referendum after the initiative repeatedly failed to pass out of congressional committee in its legislative form—once in 2023, and again earlier this year.
Jorge Osorio Showcases Vaxthera’s Achievements as Colombian Biotech Company

1 month ago | financecolombia.com | Loren Moss

Finance Colombia: But here, of course, in Medellín… Medellín is, as you know, kind of like a combination of the Silicon Valley of Colombia, and now with the biotech that you’re doing, it’s almost like Boston as well. It’s amazing to see something like this, not just Colombian operated, but Colombian owned, as part of SURA. Jorge Osorio: We are very proud of it, you know, we’re very proud, and it’s kind of my dream come true. I left Colombia when I was very young, 22 years old.
IMF Suspends Colombia’s Credit Line Amid Doubts About Fiscal Competency

1 month ago | financecolombia.com | Loren Moss

The International Monetary Fund’s (IMF) decision to suspend Colombia’s access to its Flexible Credit Line (FCL) last week reflects concerns about potential collateral effects on the country’s risk profile, financing costs, and the stability of the Colombian peso. Adding to these concerns is the delayed routine review of Colombia’s economic status, known as the Article IV consultation.
Hawaiian Man Arrested in Medellín for Soliciting Sex with a Minor

1 month ago | financecolombia.com | Loren Moss

The Colombian National Police, in coordination with the Mayor’s Office of Medellín, arrested a US man red-handed for the crime of commercial sexual exploitation of a minor under 18 years of age. The operation took place in a residential building in the San Joaquín neighborhood near Laureles, following an urgent alert from neighbors in the dwelling where the man was staying. Police sources tell Finance Colombia the man is named David Flint Stone, and is a resident of Hawaii.
TaskUs Opens New Operations Center in Medellín and Surpasses 4,000 Jobs in Colombia

1 month ago | financecolombia.com | Loren Moss

TaskUs, Inc. (Nasdaq: TASK), a global company providing digital services and customer experience solutions, continues to invest in Colombia as a strategic hub in Latin America. Yesterday, the company celebrated the launch its fourth site in the country—and second in Medellín—called The Eternal Spring. Located in the centrally located Punto Clave shopping mall, the site began operations in August 2024 and has already created more than 2,000 direct jobs.
Ned Jalil Appointed New CEO of Collective Mining; Omar Ossma Remains As President

1 month ago | financecolombia.com | Loren Moss

Collective Mining Ltd. (NYSE: CNL) (TSX: CNL) has announced the appointment of Ned Jalil as Chief Executive Officer, while clarifying that former CEO Omar Ossma will continue in his role as president, performing the same duties within the day-to-day operations of the company. Ned Jalil is a seasoned mining executive with over 25 years of global experience across gold, silver, and key battery metals including copper and nickel.