Colombia: Is Cocoa The New Cocaine?

38,000 Colombian families will now work together as a new company called María del Campo, which will operate under a similar business model of that of coffee growers. The long-term project will be based out...

IMF says Colombian Economy ‘ At Turning Point’

“The Colombian economy is at a turning point, recovering from a combination of external and domestic shocks since 2014 that lowered growth and increased inflation and the external deficit,” says the concluding statement from...

Canada, Australia, New Zealand, Singapore Begin Free-Trade Negotiations with Pacific Alliance in Colombia

On Monday, in the city of Cali, Canada began the first round of formal negotiations to forge a free-trade agreement with the Pacific Alliance. Along with three other nations — Australia, New Zealand, and...

Colombia’s Coffee Output, Exports To Hit 25-year High

Colombia’s recovery in coffee output, and exports, will progress faster than had been thought this season, US officials said – but on an assumption of “normal” weather, even as ideas of La Niña grow. The...

Colombian Soft-Drinks and Sugar Billionaire Bubbles Up

Six decades ago, as a recent college graduate working for his father-in-law’s soft-drinks company, Carlos Ardila Lulle came up with a fizzy, pink, apple-flavored concoction that started outselling all of their other products. The rose-colored...

Low Productivity: the Elephant in the Room in Colombia’s Minimum Wage Debate

Negotiations on the minimum wage in Colombia are fast approaching. On the one hand, unions will demand an increase above inflation to safeguard their purchasing power, which has been badly hit by the recent...

Avianca In A Battle For Supremacy Of South America’s Skies

Over the past couple of decades, consolidation and bankruptcies have reshaped the airline industry in North America. Historic brands such as TWA, Continental, Northwest, and US Air have gone away, with new ones like...

Canadian Capital Fuels Colombian Cannabis Boom

(Ozy.com) Decades have passed since the bulk of marijuana cultivation in the Americas shifted from Colombia up to Mexico. But the tides are turning again. This time, suited businesspeople, not drug cartels, are betting...

Colombia Aims to Remove Three Zeros From Peso Bills

Colombian authorities want the face value of 500-peso coins to be slashed to 50 centavos, while the minimum wage would be reduced from 781,242 pesos to 781. A drastic reduction in the values of change,...

UK-Based United Insurance Brokers Launches Colombian Retail Operation

London-based re/insurance broker United Insurance Brokers (UIB) has launched a retail broking business in Colombia. The new company, UIB Seguros will be headed by CEO, Yolanda Guerra, reporting directly to Tony Dilley, CEO of...

Moody’s Affirms Baa2 Credit Rating for Colombia but Lowers Outlook to Negative

Big three credit rating agency Moody’s Investors Services today affirmed it Baa2 sovereign rating for Colombia but lowered its outlook from stable to negative. The key reasons listed for the negative outlook are uncertainty surrounding...

Colombia, among the three most attractive countries to invest

The accolade was made by the FDI Association, during the first FDI Awards in China .. Proexport Colombia was exalted by this organization as one of the key players for attracting investment to the...

Court Rules Against Uber and its 83,000 Drivers

Colombia’s Constitutional Court has ruled against Uber with a verdict that affects 83,000 drivers affiliated to the technology platform. The decision follows a similar ruling last December by the European Court of Justice (ECJ)...

Ecopetrol Adds 2,800 Barrels Per Day to Oil Production with Three New Wells

State-controlled Colombian oil company Ecopetrol has confirmed three new successful wells in northwest Colombia, the Bogotá-based firm announced this week. The wells are held jointly with U.S.-based Occidental Petroleum Corp. (Oxy) and have reached a...

Banco Colpatria (Spanish only), a division of Scotiabank Colombia SA, last week acquired the small-business and consumer operations, including credit cards, of Citibank Colombia, for an undisclosed amount. Assuming the transaction is approved, Colpatria will...

Marriott Plans to Open New Property in Cali, Colombia

For the first quarter of 2014, Grupo Poma is expected to inaugurate it's Marriott hotel in Cali, which would have 180 rooms, bringing the company's total number of rooms in Colombia to 800 under...

Which 2013 tablet is the best for gaming?

The one great thing that has happened to games and gaming over the past few years it is the fact that it has become much more accessible than ever before. This is mainly due...

LATEST

US Navy Hospital Ship to Deploy to Colombia

The United States is sending a U.S. Navy hospital ship to Colombia to help treat some of the hundreds of thousands of people who...

Drug trafficking and organized crime, agenda topics with the United States

U.S. Defense Secretary James Mattis met with Colombia’s defense minister on Friday to reaffirm the long-standing defense relationship between the United States and Colombia,...

Colombians Told ‘No Sex’ In The Afternoon. It’s Too Darn Hot!

It’s been a sweltering summer in many parts of the world, with millions scrambling for ways to cool off. On Wednesday, the 600,000 residents...

‘We apologize’: former Colombia FARC rebels seek forgiveness at tribunal

Former rebel FARC commanders in Colombia have appeared at a historic tribunal where for the first time they were made to answer for kidnappings...

Colombian President-Elect Pledges to Maintain Peace Accords With FARC Rebels

Ivan Duque, who finished first in the second round of the Colombian presidential vote, said that he would respect the peace accords with the...

Ivan Duque Wins Colombian Presidential Elections

President-elect Ivan Duque appealed for unity after winning a runoff election over a leftist firebrand whose ascent shook Colombia’s political establishment and laid bare...

Colombia Aiming For Best-ever World Cup

(AFP) Colombia will not take struggling Japan for granted when the two sides meet in their World Cup opener in Saransk, on Tuesday (June...

Fajardo’s Party Leaning Towards Supporting Leftist Petro

Now that the right-wing Ivan Duque will face the center-left Gustavo Petro in the second round of the Colombian presidential elections, the Alternative Democratic...

Ivan Duque and Gustavo Petro Go To Runoff

With nearly all ballots counted in Sunday's first round, Ivan Duque was leading with 39.7% ahead of Gustavo Petro on 24.8%. Former Medellin Mayor...

Colombia to be NATO’s first Latin American global partner

BOGOTA (Reuters) - Colombia will next week formally join the North Atlantic Treaty Organization, making it the only Latin American nation in the alliance,...