The collapse of one of Colombia’s Fourth Generation road engineering marvels, the Chirajara bridge, reveals an urgency to examine this country’s infrastructure.
Latest News
Terpel S.A secures loan to purchase ExxonMobil assets in Colombia
The Bogotá-based Terpel has secured a medium-term bridge loan to purchase ExxonMobil’s operations in Colombia.
Colombian peso recovers as price of Brent crude rises
The scaling back of output levels in Russia and Venezuela has turned the tide on low oil prices. But will Colombia capitalize on Brent’s sudden rise?
Canada’s Scotiabank buys Citibank Colombia’s retail division
As part of its expansion across Latin America, The Bank of Nova Scotia, has acquired Citibank Colombia’s retail and small business divisions.
Infrastructure with equality
While Colombia advances with its “4G” infrastructure, the economy remains one of social inequalities.
Revaluing devaluation
In January 2014 the Colombian peso broke through the 2,000 to the US dollar. Devaluation is back on the economic agenda.
The peso: with trepidation
For years the peso has performed strongly in equity markets. The rally appears to be slowing as the central bank looks to the greenback.
Banker’s paradise
If you are struggling with opening that first bank account in Colombia, do not fret: You are not alone! Being a foreigner means facing obstacles with the system.
Colombia’s informal workforce: High numbers and off the books
While Colombia looks to reduce unemployment, the informal labor force grows and ranks high in the region.
UK and Colombia trade innovation
The British Embassy’s UK Colombia Trade initiative allows both nations to share business experience and expertise.
Banking on Colombia
The prospect of strong annual earnings and a stable investor climate draws foreign banking to Colombia.
Taxed? You bet…
Changes to Colombian tax law will have dramatic impacts on foreign residents with significant income abroad.