Sale of Bogota energy company boosts Colombia FDI

Foreign direct investment (FDI) in Colombia increased 15.8% in 2016

Colombia is ready for arbitration battle with Gas Natural Fenosa

We’ve been preparing for this legal claim for eight months

New Terminal Opened in Colombia

International Container Terminal Services (ICTSI) and PSA International (PSA) have formally opened Puerto Aguadulce

With rebels gone, Colombia jumps into the pot industry

A Canadian company called PharmaCielo, with the government’s approval, is working to produce the drug legally in Colombia and is looking to hire.

Colombia’s Ecopetrol to increase exploration

investment in exploration will rise from $280 million to $650 million

The Carnival of Barranquilla and its Contribution to Economy.

The Carnival of Barranquilla just started, designated by Unesco as an Intangible Cultural Heritage of Humanity, providing the region with COP56.000 million (USD 19 million) of income

Colombia’s OTT tax reform may lead the way internationally

Ari Lopez, principal Latin American analyst at Ovum, the reform of Colombia’s tax regulation at the end of 2016 may affect the OTT industry worldwide.

Panama seeks trade sanctions against Colombia at WTO

Panama wants to impose $210 million of annual trade sanctions on Colombia, according to a filing published by the World Trade Organization on Monday, after winning a legal challenge against a so-called "money laundering" tariff.

Antioquia eyes Colombia cash flow

A couple of hours’ north-east of Medellin, Antioquia Gold (TSXV: AGD) has quietly worked away at its Cisneros gold project in Antioquia, Colombia, and is building an underground mine that aims to produce 30,000-40,000 ounces a year of gold from late 2017.

Avianca says to negotiate alliance with United Airlines

Avianca Holdings SA, one of Latin America's biggest airlines, said late on Tuesday it is seeking a commercial alliance with United Continental Holdings Inc, under terms still to be negotiated.

Colombia’s external debt at 40% of GDP

Colombia’s foreign debt reached $116 billion in October, equivalent to 40% of the country’s GDP, according to a report published Wednesday by the country’s state-run central bank.

More than 200 foreign companies have arrived in Colombia

In the last 5 years, approximately 200 foreign companies began their operations in the country, building new plants, business offices, and subsidiaries.

Colombia’s 2016 inflation rate at 5.75%, misses government target

Colombia’s 2016 inflation was set at 5.75% by the country’s national Central Bank, missing the government-set target for the year but still down from the inflation recorded in 2015.

Colombia announces Kirchner-Style price controls on food

The Colombian government has signed an agreement with five major food warehouses in the country to impose price controls that freeze the price of red meat, fish, dairy, eggs, grains, and processed foods

Colombia and Turkey hold burgeoning economic relationship

Turkey maintains economic interest on Colombia for a variety of reasons. Among them, its location. Trade between the two is constantly rising.

Colombia president welcomes Brexit trade prospect

Trade between Colombia and the UK has the potential to grow after Brexit, the country's president has suggested.

Colombia’s growth for this trimester the lowest in 7 years

The Colombian economy grew 2% for the 2nd trimester of 2016, numbers this low had not been seen for 7 years, however, there is no need for extreme measures.

Colombia peace deal won’t solve country’s key problem — an outdated economy

A recent study by the Inter-American Development Bank says 83 percent of Colombia’s exports are raw materials, and only 17 percent are manufactured goods.

Colombia imported a record amount of agricultural produce this year

The amount and value of agricultural imports in the month of April alone is over 70% higher than last year’s equivalent, it is the highest in 20 years.

Colombia wants Pacific Alliance to negotiate trade with post-Brexit UK

Colombia’s trade minister has proposed to Pacific Alliance members to jointly negotiate a free trade agreement with the United Kingdom, which last week voted to leave the European Union.

Colombia’s 2016 fiscal gap widens amid ongoing oil troubles

Colombia’s fiscal deficit for the 2016 will be wider 3.9% rather than the 3.6% of the country’s GDP announced last year, the country’s finance minister said Wednesday.

Macri attends economic forum in Colombia

Argentine president Mauricio Macri said Mercosur needs “a greater integration dynamics” and defended the idea that the Atlantic regional block country members work to reach agreements with countries of the Pacific Alliance.

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