Colombia Stocks End Higher on Oil Rally; Peso Gains

Colombian stocks recovered from earlier losses Tuesday to end in positive territory as energy companies notched modest gains on the back of a global rally in oil prices. The Colcap index, a benchmark for the...

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...

US FDI in Bogota expected to reach $3.2B this year

U.S. Foreign Direct Investment (FDI) in Bogota is expected to reach $3.2 billion in 2012, according to financial publication Portfolio. The estimate is a 13% increase from 2011, mainly attributed to the city's burgeoning technology,...

Colombian departments prosper due to mining

  The central Colombian departments of Meta and Casanare and the northern Cesar department prospered last year due to mining activities, revealed the country's statistics office, Dane on Thursday. In 2011 the GDP of mining departments...

Colombia has overtaken Argentina as Latin America’s 3rd economy

Colombia has overtaken Argentina and is now Latin America's third largest economy after Brazil and Mexico, claimed outgoing Finance Minister Juan Carlos Echeverry Friday. According to the outgoing minister, Colombia's Gross Domestic Product (GDP) outgrew...

What’s Wrong with Colombia’s Business Leaders?

(PanamPost.com) One of the general public’s main confusions facing liberalism and capitalism is the assumption that the practice of these ideas will have as much success as the theories and philosophies they are rooted...

Florida Mayor Heads Delegation to Colombia Looking for Trade Partners, Investment

Orange County Mayor Teresa Jacobs is headed back to Colombia Nov. 14-20 for another round of trade talks with business and government leaders in Bogota and Medellin. Jacobs, who attended the August trade trip to...

Pricesmart Opens Cali Store

With an investment of some US$20 million dollars and direct employment for 200, the Pricesmart membership store opened is doors on the south side of Cali. The second store, located to the north is...

Colombia Sees India With Giant Potential For Its Products

COLOMBIA NEWS (EFE) - India, with more than 1 billion consumers, has huge potential for Colombian products at a time when bilateral trade is on the rise, experts from both countries meeting in the...

Colombia Follows Piketty Plan in Raising Tax on Largest Fortunes

COLOMBIA NEWS (Bloomberg) -- Colombia is seeking to increase taxes on the net wealth of its richest citizens in line with proposals laid out by French economist Thomas Piketty in his bestseller “Capital in the...

Colombian Peso Falls as Government Buys Dollars to Ease Rally

Colombia’s peso dropped to its lowest level in two months after Finance Minister Juan Carlos Echeverry said the Treasury will buy $300 million this week to curb the currency’s rally. The peso slid 0.8 percent...

Colombia Bets on Shale as Peace Talks Open Oil Frontiers

(Bloomberg) Colombia, the fastest-growing major oil producer in Latin America in the past five years, is looking to join the global shale boom as it expands exploration in areas once dominated by guerrilla groups. A...

Maersk Line Revises South Atlantic Express Service

The container line has removed the Miami port call from the rotation, added a fourth vessel to the rotation and added direct coverage between northern Colombia, including Santa Marta, Barranquilla and Cartagena; Costa Rica;...

Colombian Peso Climbs to Highest Level Since July 2011

(BLOOMBERG) Colombia’s peso jumped to a 17-month high after U.S. lawmakers passed a bill averting tax increases that had threatened the economic recovery. The currency appreciated 0.5 percent to 1,757.80 per dollar at 9:57 a.m....

Dutch Govt Offers Subsidies to Create Innovative LatAm Businesses

Colombia is among the six Latin countries In the Dutch Offer The government of the Netherlands is offering subsidies to create innovative new companies in Latin America, according to a release by Dutch agro advisory...

Dollar could climb this year: Economist

The U.S. dollar will continue its growth trend and could climb to COP1,900 this year, an economist said Thursday. The fall in foreign investment and fewer dollars are the primary causes of the peso’s retreat...

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...

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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