Colombia Extends Its Wealth Tax

COLOMBIA NEWS - Colombia is one of the world’s most unequal societies. Last week, the government of Juan Manuel Santos, who began his second term as president in August, announced the extension of a...

Colombia Coal Strike Enters 12th Day After Weekend Talks Fail

The walkout at Cerrejon, which is equally owned by mining giants Xstrata PLC (XTA.LN), Anglo American PLC (AAUKY, AAL.LN) and BHP Billiton Ltd. (BHP), is costing the company millions of dollars a day as...

Bancolombia and First Data team up for payments innovation

(Today Colombia) Bancolombia and US-based First Data have formed a strategic agreement to integrate their technology platforms to “improve and diversify” services for business owners in Colombia. The companies will focus on building e-commerce and...

Colombia plans to issue 10-year global bond in dollars

(Reuters) - Colombia plans to issue a 10-year global bond denominated in U.S. dollars this month, according to a filing with U.S. regulators and market sources. The filing did not give the amount of the...

French firm awarded $73M water treatment contract by Ecopetrol

Franch company Veolia has been awarded a $73 million contract with Colombia’s biggest oil producer for the treatment of wastewater during oil extraction, the waste management firm announced on Tuesday. Contracted by Ecopetrol America Inc....

Colombia 4G auction: watch out Claro!

Diego Molano, Colombia’s minister of information technologies and communications, called it, “the auction of the decade”. And what an auction it was. In what is probably one of the largest auctions in the ICT sector...

Colombia’s Pacific Rubiales buys rival oil firm Petrominerales

(Reuters) - Pacific Rubiales Energy Corp, Colombia's largest private oil company, said it will buy compatriot oil producer and explorer Petrominerales Ltd  for COP$1.6 billion Colombia Pesos (US$1.55 billion), financing the deal with cash...

Colombia finmin wants to study lowering cenbank interest rate

(Reuters) - Colombia's central bank should study cutting its benchmark interest rate in line with other economies to prevent a flood of U.S. dollars into the Andean nation, the country's finance minister said. In a...

GeoPark makes oil discovery in Colombia

GeoPark Ltd. reported the successful drilling and testing of the Aruco 1 exploration well on the Llanos Block 34 in the central Llanos basin in Colombia. A test conducted with an electrical submersible pump in...

Venezuela instability a risk for Colombia growth – finance minister

LONDON (Reuters) - Colombia's economy faces its greatest risks this year from instability in neighbouring Venezuela and the slump in commodity prices, the country's finance minister said on Monday. Growth forecasts for the Andean country...

Colombia Billionaire Banker’s Acquisitions Extending Reach

COLOMBIA NEWS (Bloomberg) -- To see how far Colombia has come in the past 15 years, just take a look at its banking industry. Grupo Aval Acciones y Valores SA, controlled by billionaire Luis Carlos...

Colombia, Central America and the needle trade

TODAY COLOMBIA - Two Colombian textile and apparel sector companies are expanding in Central America, with the expectation of creating some new 1,700 jobs, mostly in Nicaragua, the result of a US$8 million investment...

Colombia’s Ecopetrol Shares Fall After Sharp Drop in Earnings

Shares of Colombia's Ecopetrol  fell sharply early Tuesday in Bogota after the state-controlled oil company reported a 22% drop in profits last quarter, leading analysts to tell investors to sell the stock.   The company, which...

Chocolate Losing to Cocaine on Colombia Cocoa Slump

Coca leaves, the main ingredient in cocaine, fetch about 2,300 pesos per kilogram, while farmers can sell a paste made from the leaves that later is processed into cocaine for at least 1.8 million...

Telefonica denies plans to sell Colombian arm

Spanish telecoms giant Telefonica has said that it is not looking to sell its Colombian arm, Movistar Colombia following reports that the company was planning a partial listing of the business as part of...

Colombian Peso Advances on Foreign Investment Outlook

Colombia’s peso rose the most among major Latin American currencies amid mounting speculation that a tax cut will lure foreign investors and as companies exchange dollars for the local currency to pay taxes. The peso...

Colombia seeks more foreign investment in mining

(Reuters) - Colombia expects to sell exploration rights to its large untapped mineral resources next year as part of its effort to attract foreign investment to develop its gold, coal and silver mining sector. The...

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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