Colombian firm unveils $9.5 bn investment plan

Colombian state oil company Ecopetrol has announced plans to invest more than $9.5 billion in 2013 as it strives to boost output to 1 million barrels per day by 2015. A total of $6.59 billion...

Colombia becomes Latin America’s best country for doing business

Colombia is the best country in Latin America for doing business, the World Bank said Wednesday in its annual Doing Business report. Globally, Colombia ranked 34 on a list of 198 economies, nine places higher than...

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...

Starbucks To Open First Cafe in Colombia Next Year

Starbucks Coffee announced that it will open its first café in Colombia next year with its first store in Bogota, Colombia's capital city. In Colombia, Starbucks will compete with chains such as Juan Valdez Cafe,...

Colombia’s Other Copyright Bill: Moving Things In The Right Direction?

If you wanted an indication of just how much copyright has moved on from being a dry and boring topic of interest only to a few specialist lawyers to an exciting area full of...

Colombia bolts from no-go to go-go

Placing bets in Colombia: Mining company director Ryan Butta. A DECADE ago, Colombia was pretty much a no-go zone for foreign investors, who were scared off by stories of crime, cocaine, kidnapping and corruption. But Colombia,...

Grupo Aval, Citibank and Claro Announce Mobile Banking Partnership

To speed up banking in the country, Grupo Aval, Citibank and Claro announced "Transfer", a financial product that allows banking transactions by phone. The objective is that more users access financial services from their mobile...

Colombia’s Diaper Cartel: How Dirty Can Business Get?

COLOMBIA NEWS - In Colombia, it can get as dirty as a diaper. An investigation by the country's Superintendence of Industry and Commerce (SIC) has uncovered a series of illegal, coordinated price hikes in...

Colombia Extends Road-Project Deadline as Bidders Seek Loans

Colombia extended the bid-submission deadline for the first projects in its 47 trillion peso ($23 billion) road-building program, after builders struggled to line up financial backers. The government infrastructure agency ANI said in an e-mail...

At&t Expanding to Colombia

AT&T announced today that is is planning to expand its services to include 15 Latin American countries through a deal with America Movil. The expansion will bring AT&T’s services to Argentina, Chile, Colombia, Costa Rica,...

Colombia, U.S. partner to fight tax evasion

BOGOTÁ, Colombia – Colombia and the United States have partnered in the fight against tax evasion. The countries signed an agreement that allows Colombia’s tax agency (DIAN) and the U.S.’s Internal Revenue Service (IRS) to...

Legislation on Limitations and Exceptions to Copyright Under Debate in Colombia

The Colombian Parliament is debating Bill 001 of 2012. This Bill contains provisions regarding limitation and exceptions to Copyright Law. Last 16 of April the Bill passed the second debate in the House of...

Colombia Woos U.S. for Wireless Push: Wants Partners for 4G Network

With a major free-trade deal with Washington now in effect, Colombia is looking for American companies to help make Internet service available throughout the developing nation. Diego Molano Vega, the Colombian minister of information technologies...

Colombia backs eco-friendly gold production

Colombia hopes to achieve ecologically sound gold production by means of the Oro Verde ("Green Gold", movement, which pays small-scale miners a significant premium for the adoption of environmentally friendly processing techniques. The World reports...

Colombia Bonds Gain After Debt Rating Outlook Raised to Positive

(Bloomberg) Colombian peso bonds gained after Moody’s Investors Service lifted the country’s debt rating outlook to positive on expectations that shrinking budget deficits will drive down debt levels. Yields on benchmark government peso bonds due...

Rail strike halts much of Colombia’s coal exports

(AP) — A strike that began more than a week ago in Colombia has paralyzed the railway that carries much of the nation's coal exports. Colombia is South America's No. 1 coal exporter. The president...

Billions leave Colombian banks amidst InterBolsa scandal

Billions of dollars have left Colombian banks since InterBolsa's liquidation, according to a Tuesday report from Bloomberg News. Nearly two weeks ago, government regulators essentially shut down the country's largest brokerage firm after it failed...

LATEST

10 Mental Health Care Center Employees Arrested for Abusing Disabled Children

Colombian police have arrested ten people after they found children with disabilities who were being abused inside of a clinic run by the government. The...

Colombian Army Burns 814 Kgs of “High-Quality” Marijuana in Middle of Town

In Colombia, the seizure and subsequent destruction of 814 kilos of ‘cripy’ marijuana in the town of Florencia, Caquetá led to non-stop calls to...

Colombia In Top Ten in Expat Destinations in 2017

Colombia was chosen as the eight best country to live abroad, according to a survey conducted by expat resource website InterNations. InterNations reports surveying more...

Deadline Expires for Striking Avianca Pilots in Colombia

This Monday was the deadline for striking Avianca pilots, who are still in the process of being reinstated, to return to their jobs. Avianca, Colombia’s...

Tourists Face Being Thrown Out of Country On This ‘Hooker Holiday’

A risqué promotional video offers a drug-fuelled orgy offering unlimited sex with big-bottomed hookers in a “sex island experience” holiday in Colombia. The raunchy clip...

In Latin America, is there a link between abortion rights and democracy?

Three-quarters of all abortions in Latin America are performed illegally, putting the woman’s life at risk. Together with Africa and Asia, the region accounts...

Colombia Qualifies For World Cup 2018

Colombia qualified for next year’s World Cup on Tuesday after a dramatic last round of South American fixtures that also saw qaulity Uruguay and...

Who Are the Real Targets of Bogota’s Crackdown on Crime?

It was just before rush hour on Aug. 23, 2017, when the Bogota, Colombia, district police and SWAT squad came for the gangs of...

Corruption On The Rise in Latin America and the Caribbean

Corruption is a scourge that hurts ordinary people every day across the Americas. And when they speak out about it, far too often they...

Colombia President Signs Ceasefire Deal With ELN Rebels for 1st Time in History

A deal signed on Friday by Colombian President Juan Manuel Santos marks a significant milestone in efforts to end political violence in South America...