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.
Latest News
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.
Colombia approves dry medicinal cannabis exports with new legislation
The Clever Leaves plantation was the venue for a government decree that authorizes exports and sales of dry medicinal cannabis to global health entities.
Colombia loses investment grade from S&P as students lead protests
As students protagonized many of the marches in Bogotá during a national strike that entered its fourth week, S&P ranked Colombia as sub-investment grade.
Pandemic pushes 3.6 million Colombians into poverty
Among the many devastating effects of coronavirus are the numbers of persons forced into poverty, including 3.6 million Colombians during the first year of the pandemic.
Avianca CFO Adrian Neuhauser named airline’s next CEO
After two years as CEO of Avianca Holdings Anko van der Werff leaves the airline to be replaced at the helm by the company’s CFO Adrian Neuhauser.
Colombian economy to grow 4.9% despite risks of ongoing pandemic
Colombia’s economic recovery for 2021 is close to the global average claims the World Bank despite growing income inequality and a vulnerable labor force.
Colombia’s Ministry of Culture to create Orange Economy education
Colombia’s wants to educate the innovators of the future with a new virtual campus dedicated to the creative industries.
CoST Infrastructure Transparency Initiative welcomes Bogotá as its new member
Bogotá joins representatives from 19 nations as the newest member of London-based CoST to guarantee oversight and transparency with infrastructure.
Colombia tourism on course for fast recovery claim experts
Despite huge losses incurred by the Colombian travel sector with the coronavirus pandemic, industry leaders expect a faster than expected recovery for 2021.
Bogotá cultural venues reopen a year after COVID outbreak
Bogotá’s cultural venues will reopen to the public this weekend a year after the first case of COVID was confirmed in the Colombian capital.
Discovering Colombia through chocolate and new Jet Album
Colombia’s largest chocolate maker will release a new Jet Album with proceeds from sales going to help the country’s cacao farmers.
Colombia’s Hass Avocados reach record exports in 2020
Exports of Colombian Hass reached 58,000 tons in 2020 and surpassed other producing nations in supplying Europe.
Colombia inaugurates two Chinese mega-projects in less than a week.
Construction of the Bogotá Metro and inauguration of one of the country’s largest gold projects by Chinese companies will transform Colombia’s transport and mining sectors
Colombia’s industrial and manufacturing output contracts – 8.5% in July
Colombia’s industrial and manufacturing indices registered a sharp contraction in July despite the economic reactivation of these key sectors.
Bogotá reactivation comes as leftist politicians call for renewed social protest
Leftists politicians and student movements are calling for a return to social protest during the first week in which quarantine was lifted in Bogotá.