Despite encouraging perspectives for economic growth in 2022, Colombia’s unemployment remains among the highest in the region, with women most affected.
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’s economic recovery for 2021 is close to the global average claims the World Bank despite growing income inequality and a vulnerable labor force.
Political uncertainty and cyber threats were leading concerns Colombia’s business leaders viewed as obstacles to growth in 2020. All this changed with coronavirus.
Ending years of uncertainty, a Chinese-Canadian consortium has won the contract to build Bogotá’s electric metro in the next seven years.
Colombia’s Avianca exposure to debt and concerns over its capacity to repay United for an alliance covenant has resulted in a credit downgrade by S&P.
The Bogota? Chamber of Commerce plays a key role in the growth and entrepreneurial spirit of the capital and region. Do your part by renewing this month your commercial registry, Registro Mercantil.
The collapse of one of Colombia’s Fourth Generation road engineering marvels, the Chirajara bridge, reveals an urgency to examine this country’s infrastructure.
The Bogotá-based Terpel has secured a medium-term bridge loan to purchase ExxonMobil’s operations in Colombia.
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?
As part of its expansion across Latin America, The Bank of Nova Scotia, has acquired Citibank Colombia’s retail and small business divisions.
While Colombia advances with its “4G” infrastructure, the economy remains one of social inequalities.
In January 2014 the Colombian peso broke through the 2,000 to the US dollar. Devaluation is back on the economic agenda.
For years the peso has performed strongly in equity markets. The rally appears to be slowing as the central bank looks to the greenback.
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.
While Colombia looks to reduce unemployment, the informal labor force grows and ranks high in the region.