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  • Events
  • Cabify Secures $70 Million USD Loan from IDB Invest

    Posted on February 8, 2019
  • Justin Trudeau in Canada (Photo credit: Adam Scotti / PMO)

    Canada Pledges $40 Million USD in Aid for Venezuelans

    Posted on February 5, 2019
  • Colombian President Duque Calls on Maduro to Step Down, Recognizes Opposition Head as Venezuela’s Legitimate Leader

    Posted on January 23, 2019
  • AV MRO (Photo credit: Avianca)

    Avianca Transported more than 30.5 Million Passengers in 2018

    Posted on January 23, 2019
  • Colombia-Based Tecnoglass Announces Joint Venture with Saint-Gobain, New Glass Factory

    Posted on January 11, 2019
  • Ecopetrol oil and gas company headquarters in Bogotá, Colombia

    Ecopetrol Secures 10% Interest in Saturno Block in Brazilian Santos Basin

    Posted on December 21, 2018
  • Brian O’Neill Appointed as Executive Vice President at Inter-American Development Bank

    Posted on December 20, 2018
  • Six Killed in Massacre in Colombian Department of Meta

    Posted on December 18, 2018
  • BBVA Colombia branch in Bogota, Colombia

    London Publication The Banker Names BBVA ‘Bank of the Year’ in Latin America; Banco de Bogotá Takes Top Honors in Colombia

    Posted on December 18, 2018
  • Felipe Bayón (second from the right) signed the contract today in Brasila. (Photo credit: Ecopetrol)

    Ecopetrol Formalizes Joint-Exploration Contract of Brazilian Santos Basin

    Posted on December 17, 2018
  • Enjoying some fresh-roasted Colombian coffee at a farm near Salento, one of the country's top tourism destinations. (Credit: Jared Wade)

    Colombian Tourism Ministry Rolls Out New Plan Aimed to Promote Domestic Travel and Regional Tourism

    Posted on December 16, 2018
  • cocoa chocolate cocao for peace (Credit: Jared Wade)

    Swiss Development Program to Invest $2.8 Million on Initiatives in Colombia to Develop Natural Cosmetics, Cacao, and Sustainable Tourism

    Posted on December 15, 2018
  • Cabify Secures $70 Million USD Loan from IDB Invest

    Posted on February 8, 2019
  • Justin Trudeau in Canada (Photo credit: Adam Scotti / PMO)

    Canada Pledges $40 Million USD in Aid for Venezuelans

    Posted on February 5, 2019
  • Colombian President Duque Calls on Maduro to Step Down, Recognizes Opposition Head as Venezuela’s Legitimate Leader

    Posted on January 23, 2019
  • AV MRO (Photo credit: Avianca)

    Avianca Transported more than 30.5 Million Passengers in 2018

    Posted on January 23, 2019
  • Colombia-Based Tecnoglass Announces Joint Venture with Saint-Gobain, New Glass Factory

    Posted on January 11, 2019
  • Ecopetrol oil and gas company headquarters in Bogotá, Colombia

    Ecopetrol Secures 10% Interest in Saturno Block in Brazilian Santos Basin

    Posted on December 21, 2018
  • Brian O’Neill Appointed as Executive Vice President at Inter-American Development Bank

    Posted on December 20, 2018

Economy

Colombian peso Colombia peso Colombia inflation (Credit: Jared Wade)
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Colombian Central Bank Sticks to 3% Inflation Target Rate

In mid-November, the Banco de la República forecasted inflation to end both 2018 and 2019 at 3.3%.
Posted On December 2, 2018
, By Jared Wade
map-of-the-world (Image credit: Yuri_B / Pixabay)

Colombia Ranks 60th out of 63 Economies in Labor Talent Study

Posted On November 20, 2018
, By Jared Wade
colombia flag

Colombia Ranked 105th in World on Economic Freedom Index

Posted On November 8, 2018
, By Jared Wade
colombia inflation rate peso 50 mil banco de la republica central bank Colombian peso Colombia peso Colombia inflation Colombia minimum wage colombian peso

Inflation in Colombia Jumped to 3.33% in October, the Highest Level Since February

Posted On November 3, 2018
, By Jared Wade

Banking

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Brian O’Neill Appointed as Executive Vice President at Inter-American Development Bank

O’Neill has some short-term experience with the IDB, serving as acting U.S. director for a five-month stint in 2008 during his time working for the U.S. Treasury.
Posted On December 20, 2018
, By Editorial Staff
BBVA Colombia branch in Bogota, Colombia

London Publication The Banker Names BBVA ‘Bank of the Year’ in Latin America; Banco de Bogotá Takes Top Honors in Colombia

Posted On December 18, 2018
, By Jared Wade
Bancoldex President Luis Fernando Castro

Fitch Ratings Affirms Rating for Bancóldex at BBB with a Stable Outlook

Posted On November 16, 2018
, By Jared Wade
scotiabank colombia latin america

Scotiabank Named LatinFinance Bank of the Year; Bancolombia Takes Top Honors in Colombia

Posted On November 13, 2018
, By Jared Wade

Securities, Equities, M&A

Oil Pump Courtesy Kobiecanka - Pixabay
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Frontera Energy to Pay Dividend of $0.33 CAD on January 17

All shareholders of record at the close of business on January 3 will be eligible to receive the dividend.
Posted On December 14, 2018
, By Jared Wade
JUAN JOSE ECHAVARRIA central bank colombia banco de la republica interest rate inflation

Colombian Central Bank Holds Auction to Accumulate International Reserves

Posted On December 3, 2018
, By Jared Wade

John O’Brien of Visis: Colombians Should Consider Benefits of Investing in Australia

Posted On November 19, 2018
, By Loren Moss
colombia ratings fitch ratings outlook stable negative sovereign rating bogota medellin

Fitch Ratings Assigns BBB Rating to Colombia’s $1.5 Billion USD in 2029 Bonds

Posted On October 10, 2018
, By Jared Wade

Insurance & Risk

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SURA Rolls Out Underwriting, Analytics Software to Modernize ‘Aging Core System’

"We are able to simplify the underwriting process by automating manual processes, thereby increasing operational efficiency," said Valentina Sierra Toro of SURA.
Posted On November 11, 2018
, By Jared Wade
WhatsApp (Image credit: Microsiervos)

Liberty Seguros Advances Video Damage Assessment Capability for Claims Management Process

Posted On October 22, 2018
, By Jared Wade
nespresso cups (Photo credit: AJEL / Pixabay)

Nespresso Kicks Off Pilot Weather Insurance Program in Colombia with Blue Marble Microinsurance

Posted On October 16, 2018
, By Jared Wade
umbrella life insurance colombia

London Insurance Broker UIB Establishes Colombian Retail Arm UIB Seguros

Posted On April 8, 2018
, By Jared Wade

Real Estate & Construction

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Bienes y Servicios International Secures $2.75 Million USD Loan from U.S. Lender Kennedy Funding to Develop Housing in Sincelejo

The loan — which is the first issued by Kennedy Funding to close in Colombia — will be used to purchase 17,000 acres of vacant land in the Sucre capital.
Posted On August 16, 2018
, By Jared Wade
In 2013, Colombia opened a new Rumichaca bridge on the border of Ecuador, a route that will be improved by a new highway that includes funding from OPIC. (Photo credit: Xavier Granja Cedeño - Cancillería Ecuador)

U.S. Agency OPIC Commits up to $300 Million USD for Highway, Housing, Commercial Building Projects in Colombia

Posted On July 30, 2018
, By Jared Wade
In November 2017, Colombian President Juan Manuel Santos visited the vast suspension bridge as it was nearing completion. (Photo credit: Presdencia de la República / César Carrión, SIG)

Study: Fatal Chirajara Bridge Collapse in Colombia Caused by Design Flaw

Posted On April 28, 2018
, By Jared Wade

Natural Resources

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Colombia-Based Tecnoglass Announces Joint Venture with Saint-Gobain, New Glass Factory

Today, Tecnoglass Inc. (NASDAQ: TGLS), the largest Colombian manufacturer of architectural glass, windows, and associated aluminum products for the global commercial and...
Posted On January 11, 2019
, By Loren Moss
Ecopetrol oil and gas company headquarters in Bogotá, Colombia

Ecopetrol Secures 10% Interest in Saturno Block in Brazilian Santos Basin

Posted On December 21, 2018
, By Jared Wade
Felipe Bayón (second from the right) signed the contract today in Brasila. (Photo credit: Ecopetrol)

Ecopetrol Formalizes Joint-Exploration Contract of Brazilian Santos Basin

Posted On December 17, 2018
, By Jared Wade
oil drilling (Photo credit: Moni49 / Pixabay)

Arrow Exploration Corp. to Offload Partial Interest in VMM-2 Oil Block in Middle Magdalena Basin

Posted On December 10, 2018
, By Jared Wade

Government & Diplomacy

Justin Trudeau in Canada (Photo credit: Adam Scotti / PMO)
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Canada Pledges $40 Million USD in Aid for Venezuelans

The funds will be used to "help those Venezuelans who have fled to neighboring countries in recent months due to an increasingly acute food shortage."
Posted On February 5, 2019
, By Jared Wade

Colombian President Duque Calls on Maduro to Step Down, Recognizes Opposition Head as Venezuela’s Legitimate Leader

Posted On January 23, 2019
, By Jared Wade

Medellín Will Host General Assembly of the Organization of American States in June 2019

Posted On November 30, 2018
, By Jared Wade
Venezuela Protests Maduro Flag 2017 (Photo credit: Efecto Eco)

UN Approves $9.2 Million USD in Emergency Humanitarian Aid to Venezuela

Posted On November 27, 2018
, By Jared Wade

Startup & Growth

data jam 2017 rural development bogota colombia USAID MinCIT
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USAID to Host ‘DataJam’ Challenge in Cali to Develop Security Solutions

The competition will take place over 27.5 hours as participants race come up with open-data-based solutions to "citizen security" challenges.
Posted On November 26, 2018
, By Jared Wade
Photo: Felipe Llano and Esteban Velasco, co-founders of Sempli, in Medellín. (Photo credit: Sempli)

Colombian Digital Lending Fintech Sempli Receives $5.7 Million USD in Funding from BID LAB, Oikocredit

Posted On November 1, 2018
, By Jared Wade
SEMPLI team colombia fintech (Credit: Sempli)

Duque to Push for Income Tax Exemption for New Entrepreneurs in Colombia’s Creative ‘Orange Economy’

Posted On October 30, 2018
, By Jared Wade
Photo: Indigenous Colombians living in the harsh, dry lands of La Guajira, one of the nation's poorest regions. (Credit: Macuira Tours)

In Concert with Colombian Summit, Singularity University Launches Challenge to Combat Problems Facing La Guajira

Posted On October 22, 2018
, By Jared Wade

Law & Justice

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Six Killed in Massacre in Colombian Department of Meta

Officials are investigating whether the killings were related to drug trafficking, a local armed rebel group, or another factor.
Posted On December 18, 2018
, By Jared Wade
Ricardo Lagos Chile (Photo credit: Eduardo Frei Ruiz Tagle)

Ex-Chilean President Ricardo Lagos on Regulation: “It Is Possible to Take a Different Approach to Drugs”

Posted On December 11, 2018
, By Insight Crime
A drug lab in Caqueta, Colombia, that was producing coca paste before being busted by Colombian military. (Photo credit: Comando General de las Fuerzas Militares)

25 Years Later: How Drug Trafficking and Criminal Organizations in Colombia Have Changed Since Pablo Escobar’s Death

Posted On December 3, 2018
, By Insight Crime

What Is Behind the Apparent Attempt to Squeeze Foreign Journalists out of Colombia?

Posted On September 3, 2018
, By Loren Moss

Sponsor

Trade, Commerce & Retail

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Cabify Secures $70 Million USD Loan from IDB Invest

The financing will allow Cabify to reinforce its activity in favor of its smart cities agenda, reducing mobility costs, and improving the lives of citizens," said IDB Invest.
Posted On February 8, 2019
, By Editorial Staff
havaianas flip flops (Credit: Jared Wade)

Havaianas Is Expanding in Colombia with New Stores and Local Presence

Posted On December 4, 2018
, By Jared Wade
laboratory (Image credit: jarmoluk / Pixabay)

Chemical Distributor Univar Inc. Opens New Sales Center in Colombia

Posted On November 21, 2018
, By Jared Wade

Tailor Made in Medellín: Almacén y Sastrería Lord, an Iconic Colombian Suit-maker, Has Stood the Test of Time

Posted On November 6, 2018
, By Loren Moss

Transportation & Tourism

AV MRO (Photo credit: Avianca)
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Avianca Transported more than 30.5 Million Passengers in 2018

The total was up 3.5% from 2017, while Avianca's RPK (revenue passenger kilometers) jumped by 8.7% year over year.
Posted On January 23, 2019
, By Jared Wade
Enjoying some fresh-roasted Colombian coffee at a farm near Salento, one of the country's top tourism destinations. (Credit: Jared Wade)

Colombian Tourism Ministry Rolls Out New Plan Aimed to Promote Domestic Travel and Regional Tourism

Posted On December 16, 2018
, By Jared Wade
candle tragedy (Image credit: Pavlofox / Pixabay)

At Least 13 Killed in Western Colombia After Crash of Bus Carrying Basketball Team

Posted On December 10, 2018
, By Jared Wade
Aeromexico flight (Photo credit: Luis García)

Aeroméxico to Begin Operating Seasonal Flight from Medellín to Cancún on November 17

Posted On November 8, 2018
, By Jared Wade
Colombian Peso Exchange Rate



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Cabify Secures $70 Million USD Loan from IDB Invest

Posted On February 8, 2019
Justin Trudeau in Canada (Photo credit: Adam Scotti / PMO)

Canada Pledges $40 Million USD in Aid for Venezuelans

Posted On February 5, 2019

Colombian President Duque Calls on Maduro to Step Down, Recognizes Opposition Head as Venezuela's Legitimate Leader

Posted On January 23, 2019
AV MRO (Photo credit: Avianca)

Avianca Transported more than 30.5 Million Passengers in 2018

Posted On January 23, 2019

Colombia-Based Tecnoglass Announces Joint Venture with Saint-Gobain, New Glass Factory

Posted On January 11, 2019
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Cartagena Shoreline - Photo Credit: Loren Moss ©2013

Cartagena Is New JetBlue Destination From Fort Lauderdale

Posted On January 1, 2015

Hilton Worldwide Launches Colombia's First Hilton Garden Inn, Barranquilla, Atlántico

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