Colombia faces a major downturn in 2023 with GDP growth noted the International Monetary Fund, and deceleration to 2.2% from this year’s 7.6%.
President Petro’s questioning of the reasons behind the Central Bank’s interest hikes and proposed tax on capital outflows once again devalued the Colombian peso to the USD.
President Petro will give his first address to the UN General Assembly facing growing protests at home over illegal land occupation and economic uncertainty.
Heated debates in Congress over Colombia’s energy future and government intervention in the oil and gas sector has raised the spectre of a looming crisis.
Colombia’s MINTIC has granted Elon Musk’s Starlink permission to operate satellite internet in the country and service that will bridge the digital divide in remote regions.
Colombia offers few incentives for graduates to remain in their country and contribute to economic growth and development. The so-called brain drain could worsen with greater taxation in planned reforms.
Colombia’s flagship Avianca and LATAM have asked Colombia’s Civil Aeronautics to authorize daily flights between Bogotá and Caracas.
One of the largest content markets in Latin America for the audiovisual and film making sectors, BAM, returns to the Colombian capital with a virtual and physical 13th edition.
The Colombian peso is breaking historic highs to the US dollar and rapid devaluation that may signal a flight of capital with the recent election of Gustavo Petro.
The outcome of Colombia’s recent presidential election has many in the business community taking decisions regarding their future operations in the country.
Isabel Henao is the leading lady of Colombian fashion, known for her sleek elegant designs, embroidered bridalwear and exquisite fabric selections.
After promising to halt oil production in Colombia if elected president, candidate Gustavo Petro also warned of a possible end to coal exports given that the fuel is “worse than cocaine.”
Colombia’s upcoming May 29 presidential election could send geopolitical shock waves as far East as China, could the country elect a hard-left candidate with Gustavo Petro,
Colombia’s Avianca and Brazilian carrier GOL are set to form a common holding company Abra Group and deal that creates one of South America’s largest airlines.
Colombia presented a definitive version of the nation’s offshore wind road map, and first to be developed in South America. The country has the potential to generate 9 GW by 2050.
In a move that will transform air integration across Latin America, Avianca and Viva have agreed to operate under a new holding company.