Colombian President Assures Investors: ‘We Don’t Expropriate’ Foreign Companies

In the wake of Argentina's decision to nationalize Spanish-controlled oil and gas company YPF SA (YPF, YPFD.BA), Colombian President Juan Manuel Santos said Wednesday that investors can rest assured that his government doesn't nationalize...

Colombia’s Cerrejon Hit by Bombing Against Coal Railway

Cerrejon, the largest coal exporter in Colombia, said that assailants bombed a key railway used to transport its coal to seaports in the Caribbean, forcing the company to temporarily halt its coal shipments. The company...

Colombia Doubles Number of Tourist Destination Wholesalers

Proexport Colombia doubled the number of wholesalers that offer tourist destinations in Colombia between 2010 and 2013 Due to the effort Proexport Colombia accomplished to promote international tourism toward Colombia, it was able to double...

Colombia’s Verizon-Like Deal Signals More to Come

(Bloomberg) - Ecopetrol, Colombia’s state-controlled oil producer, sought to drum up demand this week for notes due in five and 10 years in its first overseas offering since 2009. As it fielded US$12 billion...

Colombia aims to be investment oasis

Reuters) - Colombia aims to become an investment "oasis" as leftist Latin American nations expropriate foreign assets, China's economy slows and investors seek alternatives to crisis-wracked Europe, the country's top energy and mining official...

So How’s That Medellin Tech Hub Going?

(TODAY COLOMBIA) By Colin, Expat-Chronicles - Around 2011 and 2012 the city of Medellin, Colombia began trying to bill itself as the Silicon Valley of Latin America. It is a wealthy city on Latin...

Odebrecht Bribes in Colombia Passed through Panama

TODAY COLOMBIA (Prensa Latina) An investigation carried out by the Public Ministry of Panama, concerning a ghost company of Odebrecht provided information for the corruption scandal that shakes Colombia, publishes today daily La Estrella...

Colombian Exports Grow at Constant Rhythm

Colombia maintained a continuous rhythm in its exports in the last 31 months, generated by a percentage every time bigger in the machinery-transport sector and an outstanding participation of the factories (16.4 percent). In an...

Rising milk imports threaten local Colombia economies: Agriculture Minister

Milk imported from fellow South American countries is putting local Colombian economies at risk, said Colombia's agricultural minister on Sunday. According to Juan Camilo Restrepo Salazar, there has been an "overgrowth" of powdered milk imported...

LGI partners with GeoPark in Colombia

Korea’s LG International (LGI) is growing its presence in Latin America through a new partnership in Colombia with London-listed GeoPark Holdings. GeoPark confirmed on Tuesday that LGI had acquired a 20% stake in its Colombian...

Colombia Adds Panana To List of Uncooperative Countries

COLOMBIA NEWS -- Following the decision by the Colombian authorities, the costs of financial and tax transactions between the two countries will increase. The absence of Panama's signing of an agreement to exchange tax information...

Colombia Minister: Learn Compromise From Us

Colombia’s finance minister, Mauricio Cardenas, has a message for the political leaders of the world’s advanced economies: When it comes to the art of compromise, they should borrow a page from his country’s playbook. It...

Colombia’s 2014 economic growth to exceed world’s

Colombia’s GDP growth rate is expected to be 4.9% by the end of 2014, exceeding the world average as it has done every year this century except 2010, according to the economics website Portfolio.  According...

Colombia awards 49 oil blocks, expects $2.6 bn in investment

Colombia's National Hydrocarbons Agency, or ANH, has awarded 49 oil exploration and production blocks in an auction and said it expects the winning bidders to invest some $2.6 billion over the next six years. Colombian...

Carrefour Gains After Selling Colombia Unit to Cencosud

(Bloomberg) Carrefour SA (CA) rose in Paris while Cencosud SA (CENCOSUD) slumped the most in more than a year in Santiago after the French company agreed to sell its Colombian stores to the Chilean...

Colombia’s Imports Fell 0.5% in December From Year Earlier

Colombia’s imports fell 0.5 percent to $4.48 billion in December compared with the same month last year, the government statistics agency said today in a report on its website. Colombia posted a $677.3 million trade...

Colombia Lures Exxon and Shell to Auction With Shale Oil

(Bloomberg) Colombia, South America’s third- largest oil supplier, plans to attract investment in new crude reserves and so-called unconventional energy deposits with its first government auction of blocks in two years. Units of Royal Dutch...

LATEST

Colombian government, rebels to seek new ceasefire accord

Colombian President Juan Manuel Santos on Sunday said his government would strive to negotiate a second ceasefire agreement with the National Liberation Army (ELN)...

Over half a million Venezuelans fled to Colombia

More than half a million Venezuelans have taken refuge in Colombia to escape the crippling economic crisis in their country, Colombia Immigration (Migración Colombia)...

Colombia Upgraded To Level 2, Joins List of Tourism Friendly Destinations

The U.S State Department has released its global travel advisory list and as of January 12, 2018, that uses plain language to help U.S....

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...

Colombia Narco Suspected of Murdering Athlete Andres Escobar

A drug trafficker believed to be connected to the 1995 murder of “the Football Gentleman,” soccer star Andres Escobar, is in police custody, according...

Colombian Bridge Collapse Kills Ten Workers, Injures Eight

At least 10 construction workers died in Colombia on Monday after the bridge they were working on near capital city Bogota collapsed. Colombian Civil Defence...

Colombia peso boosted by weak dollar and rising oil prices

The US dollar has lost more than 5% of its value against Colombia’s peso over the past month, partly because of an increase in...

Colombia Sends 55 Tons of Ham to Venezuela Amid Holiday Shortage

Colombia, seeking to smooth over some holiday sadness in its South American neighbor Venezuela, has sent two trucks packed with ham — a traditional...

Colombia has started to look seriously at Indian economy and opportunities

US. President Donald Trump has revived the Ugly Gringo fears of Latin Americans. Humiliated by Trump’s insults and anti-NAFTA stand, Mexico is keen to...

The Politically Correct Language Police Arrive in Colombia!

Last week in Bogota, Judge Luis Octavio Mora Bejarano, ordered mayor Enrique Peñalosa to change the city’s slogan from “Bogotá mejor para todos” (Bogota...