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Month

//June 2016
cartagena port
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World Bank Ranks Colombia 94th Among All Countries in Trade Logistics

"There is no trade without logistics, and poor logistics often means poor trade," writes Anabel González of the World Bank.
Posted On June 30, 2016
, By Jared Wade
Ecopetrol oil and gas company headquarters in Bogotá, Colombia
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Ecopetrol Takes Full Control of Colombia’s Largest Oil Field from Pacific Exploration

The expiration of a contract between Pacific Exploration and Ecopetrol cedes the Canadian firm's 43% stake in the vast Campo Rubiales field to the state-run oil company.
Posted On June 30, 2016
, By Jared Wade
bancoldex
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Inter-American Development Bank Approves $400 Million USD Loan for Colombia

The loan, which has a 20-year term and an LIBOR-based interest rate, is specifically marked to help encourage private investments.
Posted On June 29, 2016
, By Jared Wade
bancolombia medellin
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Bancolombia and BlackRock Create New High-Conviction Investment Fund

The new fund targets high-risk investors looking to generate returns over the long term through greater exposure to global stock markets.
Posted On June 29, 2016
, By Jared Wade
Bogota Colombia
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Bogotá Is Among the Cheapest Cities in the World for Expat Workers

The Colombian capital ranks 190th out of 209 cities analyzed in a new study by Mercer — representing a drop of 42 spots from its 2015 edition.
Posted On June 28, 2016
, By Jared Wade
rafael pardo
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Colombia to Give Tax Breaks for Infrastructure, Social Projects After Peace Deal Is Signed

Rafael Pardo says the government wants to speed up private-sector investment in schools, health centers, roads, water infrastructure, and sanitation projects.
Posted On June 28, 2016
, By Jared Wade
Unilever House London Ignacio Hojas
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Unilever Considering a New Factory in Colombia, a Market It Calls One of the Best Opportunities in Latin America

High taxes and import costs mean Colombia is not certain to get Unilever's new plant, but the firm wants to invest more in this market with "lagging consumption."
Posted On June 27, 2016
, By Jared Wade
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Open, Inclusive Growth Is the Path Forward for Colombia’s Economy, Says President Santos

“Parts of Colombia haven’t grown at all for years because of the conflict and the absence of the state," said President Juan Manuel Santos.
Posted On June 25, 2016
, By Jared Wade
Colombian President Juan Manuel Santos celebrates the beginnings of peace with FARC commander Rodrigo Londoño Echeverri, aka, Timochenko. (Credit: Presidencia de la República / Juan David Tena. SIG)
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Dual Shocks of Peace and Brexit Shake Up Colombia’s Economic Future

Two historic events in less than 24 hours — a ceasefire with FARC and the United Kingdom's Brexit — may each reverberate throughout the Colombian economy for years to come.
Posted On June 24, 2016
, By Jared Wade
meditech
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Bogotá to Host International Healthcare Technology Conference Meditech 2016

More than 70 international exhibitors will gather discuss all aspects of the health industry, including dentistry, while placing an extended focus on the tech aspects of care.
Posted On June 24, 2016
, By Jared Wade
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