Colombia, Peru and Costa Rica join currency war

Readers already know that Brazil is at the helm of the currency war when it comes to Latin America. However, increasingly, Colombia, Peru and even Costa Rica are turning into brothers in arms, determined...

Colombia Orders Drummond to Halt Coal Loading

(Bloomberg) Colombia's environmental authority, Corpamag, ordered Drummond Co. to halt loading at its Caribbean port, potentially disrupting exports from the country’s second-biggest coal producer. Corpamag is the environmental agency in Magdalena province where Drummond’s port...

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...

Colombian peso closing in on 1,950 mark

Following months of steady devaluation, Colombia’s peso on Monday morning opened at 1,947.5 against the dollar. According to Yahoo Finance, the dollar appreciated 7.15% against the peso in the past six months. The Colombian peso...

Colombia’s tax reform a ‘bold move’: World Bank

The Colombian government is doing everything it can in the short term to combat income inequality and labor informality, said the World Bank. The administration of President Juan Manuel Santos "is trying to tackle the...

[VIDEO] Colombia’s Economic Success Story

COLOMBIA NEWS (BUSINESS) --  Colombia's finance minister, Mauricio Cárdenas says a peace deal with Marxist rebels, a massive infrastructure programme and economic equality will strengthen Latin America's third largest economy. Between meetings with investors in...

Burger King Worldwide Reaches New Franchise Agreement In Colombia

(RTTNews.com) - Burger King Worldwide (BKW) announced an exclusive restaurant development agreement with Fondo Escala Capital and Promotora to further develop the BURGER KING brand in Colombia by more than 100 new points of...

Skansa awarded Ecopetrol contract

Swedish construction giant Skanska has been awarded a contract to by Ecopetrol to operate and maintain oilfields in Colombia. Skansa said it would carry out the $70 million contract as part of a joint venture...

Colombian Growth Slows to 4.7% as Peso Rally Hits Exporters

Colombia’s economy grew at its slowest pace since 2010 in the first quarter as public works spending slumped and the world’s strongest currency rally this year hurt farmers and manufacturers. Gross domestic product grew 4.7...

Colombian Peso Declines as Government Delays Sale of Isagen

COLOMBIA NEWS (Bloomberg) - Colombia’s peso fell, the second-worst decline today among emerging-market currencies, after the government delayed a sale of a stake in hydropower producer Isagen SA and cut expectations of investment inflows. The...

Colombia oil reserves rose 10% in 2011

Colombia's proven oil reserves climbed 10% last year compared with 2010, but the government says more is needed and is urging companies to spend more on exploration. According to data released late Thursday from the...

Will Starbucks burn Colombia with its single-serve brewer?

Coffee giant Starbucks on Tuesday introduced its new single-serve machine, but could this brew trouble for Colombia's already struggling coffee trade? Analysts have warned that although the in-home coffee-capsule business is growing, that the lack...

Oil groups tussle for Colombia licences

Some of the world’s largest oil companies are jostling for licences to explore for shale gas in Colombia, one of many countries hoping to replicate the North American boom in unconventional gas. ExxonMobil, Royal Dutch...

Colombia will go without corn if biotech outlawed

While the United States and Colombia will both benefit from the ratification of the free trade pact, a proposed biotech regulation has the potential to put the country's corn imports from all sources, including...

Colombia, Bulgaria Discuss Cooperation in Pharmaceutical Industry

COLOMBIA NEWS - Bulgaria’s President Rosen Plevneliev has vowed to contribute to deepening EU’s relations with Colombia at a meeting with his counterpart Juan Manuel Santos at the United Nations Headquarters in New York...

Colombia, South Korea sign FTA

The respective governments of Colombia and South Korea signed a joint declaration in Bogota Monday officially concluding negotiations of a free trade agreement (FTA) between the two countries that began in 2009. "We decided to...

Colombia’s oil reserves sit at over 2.3B barrels

Colombia’s Minster of Mines and Energy Federico Renjifo on Thursday announced that the country’s oil reserves increased by 5.22% from 2011 to 2012. “The net growth in 2012 was 5.22% versus the 2011 report,...

LATEST

Didi readies for battle with Uber in Colombia

Chinese ride-hailing giant Didi Chuxing has started recruiting drivers in Colombia's capital, Bogota, as it readies its Colombian roll out, setting the stage for...

Venezuelans find safety in Colombia

When Darlys* fled Venezuela with her two children looking for safety, she never imagined she would end up sleeping on the streets of Maicao,...

U.S. Lawmakers do damage control after Trump rips President Duque

(McClatchy) Florida lawmakers went into damage control mode after President Donald Trump attacked Colombian President Ivan Duque during an off-the-cuff comment about closing the...

Colombia could become a target of retaliation

Intervention in Venezuela would also destabilise its closest neighbour and endanger the peace process. Following are questions asked by conducted by Claudia Detsch in...

Historic Mega-Concert on Colombian-Venezuelan Border

British billionaire entrepreneur and philanthropist Richard Branson is spearheading a unique and historic concert on the Venezuelan-Colombian border, in conjunction with the beginning of...

VOA Latin America Interviews Ivan Duque

Colombian President Ivan Duque, interviewed Saturday by VOA's Latin America Division, discussed the battle against the National Liberation Army in Venezuela and strengthening his...

PriceSmart Declares Dividend, Announces Expansion

PriceSmart declared a US$0.70 per share dividend at the company's 2019 annual meeting of stockholders held on January 30, 2019, in San Diego. A $0.35...

Colombia Military Kills Dissident Militant Leader

Colombia’s military says it has killed a militant leader who refused to adhere to a peace accord his rebel group and the government agreed...

Colombia Denies Entry to Over 200 Venezuelan Supporters Of Maduro

Colombian authorities have banned over 200 Venezuelan officials and supporters of President Nicolas Maduro from entering the country amid the escalating political crisis in...

UN Condemns Bogota Terrorist Attack And Urges International Support For Justice For Victims

The United Nations is urging its members to "actively cooperate" with Colombian authorities in their efforts to bring to justice those responsible for last...

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