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...

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...

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...

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...

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...

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...

Colombia, The New Magnet for Investments in Latin America

Colombia is the new “El Dorado” – or “Golden” – for investors in Latin America due to its economic stability, political leadership and openness to foreign markets, Commerce, Industry and Tourism Minister Jose Manuel...

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, 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...

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,...

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...

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...

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...

LATEST

Colombia’s president during one of the bloodiest periods has died

Former Colombian President Belisario Betancur, who attempted to broker peace with Marxist rebels during his administration, died on Friday at the age of 95,...

Controversy over Documentary that Describes Uribe as “Enemy of Peace”

The premiere of the documentary "La Negociación"(The Negotiation) has caused considerable controversy in Colombia politics, with Alvaro Uribe, former president and current senator of...

Explorer to face venomous snakes and drug gangs in Colombia trek

A young adventurer is about to set off on a dangerous journey, through one of the most dangerous jungles on Earth. Daniel Eggington from...

Colombia Celebrates Peace Agreement’s Second Anniversary (Video)

President Ivan Duque, along with all members of his party, failed to attend the event, turning their backs on all victims and veterans of...

In Colombia, Venezuelan Agents Are Infiltrating Migrant Shelters

Venezuelan military agents have a new strategy: infiltrating shelters for migrants in Colombia. According to Colombian broadcaster Caracol, at least five of fifteen Venezuelans...

‘No more camps,’ Colombia tells Venezuelans not to settle in tent city

Francis Montano sits on a cold pavement with her three children, all their worldly possessions stuffed into plastic bags, as she pleads to be...

Colombia Struggles to Convict Killers of Women, Experts Say

A law aimed at reducing Colombia's female homicide rate — of three killings per day — has struggled to secure convictions as people tend...

Colombia: Over 40 Venezuelan women rescued from sex ring

BOGOTA, Colombia (AP) — Authorities in Colombia said Thursday they have rescued more than 40 Venezuelan women from a “21st century sex slavery” ring...

Colombia to cut all diplomatic ties with Venezuela starting in January

Colombian President Iván Duque announced that his country will sever all diplomatic relations with Venezuela as of January next year when Nicolás Maduro, whom...

U.S. Military Targets Growing Russian and Chinese Influence in Latin America

U.S. Air Force Chief of Staff Gen. David Goldfein, returning from a trip to Colombia, said over the weekend that the Trump administration is...

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