Colombia’s GDP growth in 2021 highest on record
Colombia's GDP in 2021 registered record growth despite third wave in COVID-19 cases, social protests and supply chain disruptions.
Business
Colombia to meet global demand for St.Valentine’s Day flowers
Colombia is expecting bumper crop exports of its fresh cut flowers ahead of St.Valentine's Day. Air cargo companies adding extra flights to meet global demand.
Colombia adds 4.7 M jobs, women most impacted by unemployment
Despite encouraging perspectives for economic growth in 2022, Colombia's unemployment remains among the highest in the region, with women most affected.
Colombia’s peso under pressure with inflation, global uncertainty
Global currencies are under pressure with rising inflation, supply-chain disruptions and fears of an energy crisis should Russia invade Ukraine.
Colombia enters age of wind power in La Guajira
With 10 Vesta turbines, Colombia's Iván Duque inaugurated a state-of-the-art wind farm in the department of La Guajira.
Santa Marta, Colombia’s most expensive city for cost of living
The consumer price index for December 2021 was highest in the coastal city of Santa Marta, almost double the national average.
Canada’s Providence inks MoU to produce COVID vaccines in Colombia
Canadian biotech company Providence has signed a memorandum with the Colombian Government to manufacture COVID-19 vaccines with partner VaxThera.
Avianca flies out of Chapter 11 with streamlined business model
Colombia's flagship Avianca has left Chapter 11 with a streamlined business model that competes with low-cost carriers and over U.S$1 billion in liquidity.
Iberia expands Colombia flights starting February 2022
Spain's Iberia is expanding its Colombia service with an additional daily flight between Madrid and Bogotá. Avianca to return to London Heathrow.
Colombia’s coffee prices spike with low production and delivery shortages
Bad weather in Colombia is contributing to production shortages of the country's Arabica bean. Coffee prices spiking globally with supply disruptions.
Colombia signs memorandum with U.S biotech INOVIO for COVID-19 vaccines
The Colombian Government signed a memorandum of understanding with the U.S biotech company INOVIO to produce COVID-19 vaccines in the country.
Moody’s maintains Colombia’s credit grade based on economic recovery
Global risk management firm Moody's maintained Colombia's stable investment grade, months after Fitch and Standard and Poor's degraded the country to junk status.
Colombia issues Bicentenary commemorative $10,000 coin
Colombia's Central Bank has issued a commemorative $10,000 pesos coin based on an old mint that circulated during the Independence.
Pandemic shuffles Skytrax’s 2021 World’s Best Airlines ranking
The Skytrax World's Best Airlines Awards is the industry's standard of the Oscars. No South American flagship occupied the 2021 Top 20 list.
Avianca launches Bogotá – Toronto flight starting December 3
The new Bogotá - Toronto flight will operate on Tuesdays, Fridays and Saturdays. The flight will compete with Air Canada's direct 787 Dreamliner service.
Avianca turns page on Chapter 11 with route expansion
On the eve of its Chapter 11 bankruptcy hearing, Colombia's flagship Avianca announced 23 new international routes and return to many South American destinations.