Daniel Salazar Castellanos (EN)

Daniel Salazar Castellanos (EN)

Business Reporter

Communications professional and journalist with emphasis in economics and finance. EFE fellow in the economics journalism program at Universidad Externado, Banco Santander and Universia. Former Business Editor at Revista Dinero and at Mesa América of the Spanish news agency EFE.
English version

Colombians Most Wary of Climate-Change Perils Among Latin Americans Surveyed

Amid discussions regarding energy transition and the conservation of the Amazon rainforest, Colombians are becoming increasingly aware of the effects of climate change on the environment

English version

What Changes Will the Reopening of the Colombia-Venezuela Border Bring?

The closure of the border in 2019 forced millions of Colombians and Venezuelans to seek illegal crossing routes, and the reopening of the border promises to revitalize trade between the two countries

English version

Colombia and Venezuela Face Challenges as Border Reopens, Trade Resumes

While a revival of tourism and binational trade are the positive aspects of the thawing in relations, there are issues to be overcome, such as the currency triad in Venezuela and outstanding debts to Colombian companies, among others

English version

How Colombia Plans to Rekindle Trade With Venezuela

After seven years of severed ties, Venezuelan companies’ debts with their Colombian counterparts is just one of the themes for Bogotá to tackle as the two countries reestablish trade links

PUBLICIDAD
English version

Why Fewer Colombian Startups Are Striving for Unicorn Status

Entrepreneurs were obsessed with large investment rounds and rapid growth for years before the startup segment received a cold shower of reality

English version

Colombia’s Digital Entrepreneurs, Influencers Decry Proposed Tax Reforms

President Gustavo Petro’s proposed reforms will discourage content creation and stymie a multi-million-dollar industry, sector representatives say

English version

Why More Colombian Startups Are Forming and Finding Funding Abroad

For many entrepreneurs, raising capital in Colombia is not an option, and instead they look for partners abroad

English version

VC Funds Focusing More on Seasoned Founders than First-Time Entrepreneurs: Report

In turbulent times, funding is being channeled to fewer startups in Latin America, with funds prioritizing experienced entrepreneurs, according to a LAVCA report

PUBLICIDAD
English version

Crypto Threatens Financial Stability, Security in Emerging Economies: UNCTAD

Possible financial instability and the risks associated with illicit financing flows give cryptocurrencies a dark side in emerging markets, according to a UN report

English version

Row Erupts in Colombia Over Use of GM Crops Amid Need to Boost Food Production

The country currently imports around 12 million tons of food, equivalent to 30% of its total consumption, according to Greenpeace

English version

Chile’s Boric Says Too Soon to Adopt Colombia’s Proposal for LatAm Common Currency

Colombia and Chile’s left-wing presidents, Gustavo Petro and Gabriel Boric respectively, agree on the need to strengthen the region’s integration mechanisms, although Boric says a common currency would require a longer process

English version

Currency Depreciation in LatAm Sees More Remote Workers Choose Payments in Crypto

Remote workers in the region appear to trust more in cryptocurrencies to safeguard their capital than in pesos or reais

PUBLICIDAD
Tech & Funding

Exclusive: Crypto Billionaire Owner of FTX Sees Potential for Deals in LatAm

Sam Bankman-Fried spoke to Bloomberg Línea about his plan to rescue crypto, the need for regulation in the sector, and his interest in LatAm, among other topics

English version

Which Latin American Cities Are the Strongest Seedbeds for Startups?

North America continues to dominate the global ranking of ‘startup cities’, with 47%, while Asia is in second place with 30%, and the top-ranked Latin American city is São Paulo, according to Startup Genome

Startups

Ebanx, Frubana Lay Off Staff as LatAm Startups Feel Market Backdrop

Brazil’s Ebanx cut 20% of its employees “to focus” on its core business of international payments; Frubana laid off less than 3% of its Brazilian staff

Startups

Latin American Unicorns Are Valued Way Above their Revenue Levels: Report

Unicorns in the region represent just 3% of the companies that have raised capital, compared to 51% in the US and 17% in China

PUBLICIDAD
English version

Colombian Startups Addi, Hunty Confirm Layoffs as Merqueo Exits Mexico

As anticipated by Bloomberg Línea, the slew of redundancies in startups has gone from a threat to reality in Colombia

Startups

Less is More: Value of VC Investments in Latin America Drops, Number of Deals Rises

Startups in diverse sectors in the region expect the availability of funds to become more scarce in the second half of the year amid the ‘new reality’

English version

Investor Appetite for Colombian Foodtechs Continues Despite Downturn

Amid the crisis that has hit many startups in Latin America, capital continues to flow into Colombian foodtech, with Cluvi and RobinFood among those raising financing rounds

English version

Headhunt for Latin American Tech Talent Follows Wave of Startup Layoffs

Talent such as software developers is sorely lacking in the region, with the crisis bringing opportunities both for companies and individuals

PUBLICIDAD
Startups

Colombian Startups Hit By Wave of Layoffs Sweeping Latin America

At least 20 local startups have begun to shed personnel amid higher interest rates and less capital availability, pointing to tough days to come

Startups

Colombian Startup Truora Acquires Brazil’s ZapSign

Truora’s co-founder Maite Muñiz tells Bloomberg Línea about the company’s strategy for growth in Brazil

News in English

Which Are Latin America’s Biggest Venture Capital Funds?

Venture capital funds are transcending borders and seeking to conquer Latin America. Which are the most powerful in the region right now?

News in English

Private Equity Still Has Faith In Chile, But Outlook Cloudier In Colombia, LAVCA Says

Despite the region’s political challenges, the outlook for investment is still vibrant, the Association for Private Capital Investment in Latin America’s director Ángela María Tafur says

PUBLICIDAD
News in English

Colombia Plans Large-Scale Solar Deployment In Indigenous Heartland

The facility comprises six solar power plants to serve the Indigenous Arhuaco population, and who will inherit the project

News in English

What Can Latin America Learn from China’s Startup Boom?

With more than 300 unicorns created and recent success stories such as ByteDance, China boasts a startup space that can serve as a lesson to Latin America as its own ecosystem matures

News in English

Y Combinator: How to Get Onto the World’s Most Famous Startup Accelerator Program

Lindsay Amos, Y Combinator’s spokesperson, shares some tips with Bloomberg Línea on how to form part of the program, from how to fill in a submission to how to have a successful interview

News in English

EXCLUSIVE | Justo & Bueno Receives $628M Lifeline, Plans Regional Expansion

Jhony Zhang, CEO and vice president of JF Capital, talks to Bloomberg Línea about the firm’s capital injection into the Colombian discount retail chain

PUBLICIDAD
News in English

Who Are the Economic Advisors Behind Colombia’s Presidential Candidates?

Amid the debates and the candidates’ proposals, well-respected and experienced economic advisors are playing a hand behind the scenes

News in English

Colombia Strives to Revive Its Flagging Cotton Industry

The industry enjoyed golden years until the 1970s, when production began to decline, and the country ceased exporting cotton in 2014, but now aims to rekindle output

News in English

Mexico’s Pros And Cons As a Springboard for Startup Expansion

In the first three months of this year, VC investments in startups in Mexico totaled $784 million, a year-on-year increase of 4.76%

News in English

Eight VC Firms Dominate Colombia’s Startup Space

In the first three months of this year, venture capital activity in the country has been dominated by funds from the U.S., Brazil and Mexico

PUBLICIDAD
News in English

Rebuilding Ukraine Is the World’s Responsibility, Former Minister Says

In an interview with Bloomberg Línea, former economic development minister Tymofiy Mylovanov talks about the effects of the war on his country and world food supplies

News in English

Crypto ‘Could Create New Job Opportunities in Latin America’

The Center for International Private Enterprise welcomes the adoption of cryptocurrencies and the disruption they could bring to the labor market

News in English

From Clothes and Drinks to NFTs: Colombia’s Cannabis Industry Blooms

Colombia’s cannabis industry is diversifying following new legislation allowing for industrial use of the plant

News in English

Colombian Who Started Out Cleaning Tables Now Manages McDonald’s in 4 Countries

Hired at age 14, Héctor Orozco now manages the fast food company’s operations in Colombia, Aruba, Curaçao and Trinidad and Tobago

PUBLICIDAD
News in English

Latin America’s Rubber Industry Looking to Bounce Onto the World Stage

The region has the capacity to produce up to 1.5 million tons of the product over the next five years, but output would still be well below that of Asia

News in English

Colombian Coffee Production, Exports Fall Amid Climate Change

Coffee production dropped 16% in February, while exports have declined by 14% so far this year

News in English

Colombia’s IT, Software Exports Surge, But Tariffs Bite Into Revenues

42 Colombian tech companies are participating in Mobile World Congress in Barcelona, the country’s largest ever representation

News in English

Gilinskis’ Hostile Takeover Bid Shakes Up Colombia’s Business Landscape

A look at five changes ushered in by the hostile takeover of Nutresa and Sura by the Gilinski brothers

PUBLICIDAD
English version

Food Imports, Costs Skyrocket As Colombia Struggles to Feed ‘Too Many Hungry People’

Government decries WFP-FAO report highlighting high levels of food imports and hunger

News in English

Latin America Has ‘Ground to a Halt’ in Fight Against Corruption

Transparency International’s 2021 Corruption Perception Index shows stagnation in the region, with Argentina showing the sharpest setback

English version

Which Startup Will Be Latin America’s 50th Unicorn?

There were 47 Latin American unicorns at the close of 2021, dominated by fintech and e-commerce, with more expected to emerge this year

News in English

Chile, Brazil Lead Latin America’s Race to Zero Emissions

Argentina and Mexico are also among the top 25 on KPMG’s Net Zero Readiness Index

PUBLICIDAD
News in English

Chile, Brazil Lead Latin America’s Race to Zero Emissions

Argentina and Mexico are also among the top 25 on KPMG’s Net Zero Readiness Index

Brazil News

From Nubank to Rappi: Why Brazil Stands Out in Latin America as a Unicorn Paradise

Despite high taxes and excessive bureaucracy, Brazil offers great potential for both local and foreign startups

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