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.
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
Turkey maintains economic interest on Colombia for a variety of reasons. Among them, its location. Trade between the two is constantly rising.
Trade between Colombia and the UK has the potential to grow after Brexit, the country's president has suggested.
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.
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.
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’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 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.
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.
Buyers interested in tapping on the LatAm travel market will be eyeing Avianca, as the strong US dollar might allow them to get in for cheap.
City council authorizes mayor to sell city's 80 percent of company shares.
The investment banking firm is involved with at least one $260 million bond relating to the country’s infrastructural renewal.
Colombia was accepted into the Corporate Governance Committee of the of the international economic organisation OECD, marking a step towards the full membership sought by the South American country.
Colombia and Panama will hold new negotiations on tax information-sharing this week to combat fraud and money laundering, Colombian Finance Minister Mauricio Cardenas said on Tuesday, amid revelations by the Panama Papers about secretive offshore finance.
Despite being among the top 10 oil producers, their gasoline reserves are expected to last only two days if put to the test, Pemex are being put to blame.
Several multi-nationals have terminated operations in Colombia since 2015 amid an ongoing economic downturn in the South American country.
Colombia’s state-run oil company Ecopetrol lost $1.2 billion in 2015 mainly because of dropping global oil prices, the company said Monday.
Colombia will exempt tourists from paying sales tax as an incentive for people to get to know the country, the country’s president said on Wednesday.
Sura Asset Management, a unit of Colombian financial conglomerate Grupo Sura, and Peru’s Credicorp Capital signed an agreement Tuesday to create a 1.3-trillion-peso ($400-million) investment vehicle that will provide financing for the construction this year of up to five fourth-generation highways in Colombia.
Colombia’s government sold its 57.6% stake in energy company Isagen to Canada’s Brookfield Asset Management for $1.99 billion, the finance minister said on Wednesday.