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Month

//June 2016
Banco de la Republica, the central bank of Colombia, in Bogotá.
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Inflation Hits 15-Year High of 8.2% in Colombia

The highest inflation level since 2001 is "testing Colombia's commitment to preserving the credibility of its inflation targeting regime," says Fitch.
Posted On June 15, 2016
, By Jared Wade
Shikun & Binui
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Israeli Construction Company Shikun & Binui Closes on $640 Million USD Road Project in Colombia

Israeli construction company Shikun & Binui Ltd. recently closed on a $640 million USD infrastructure project in Colombia to build a nearly 100-mile-long toll road near the nation’s capital of Bogotá. The large sum includes all the costs related to financing,...
Posted On June 15, 2016
, By Jared Wade
international monetary fund colombia IMF growth forecast
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IMF Approves $11.5 Billion USD Line of Credit for Colombia

The Colombian government has no plans to draw on the credit line but wanted an increase from the previous $5.4 billion USD available as a precautionary measure.
Posted On June 13, 2016
, By Jared Wade
air europa
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Air Europa to Begin Madrid-to-Bogotá Route on June 28

The 5,000-mile flight will depart Bogotá each day at 8 pm on a brand new Boeing 787s with 22 business class seats.
Posted On June 13, 2016
, By Jared Wade
colombia mergers Jaime Trujillo Baker McKenzie
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Colombia Mergers and Acquisitions Valued at $5.6 Billion USD over the Past Five Quarters

Baker & McKenzie's "Cross Border M&A Index" highlighted Colombia's adoption of free-market policies as a factor in its ability to attract more M&A interest.
Posted On June 12, 2016
, By Jared Wade
world competitiveness IMD Business School's campus
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Colombia’s Economy Remains Uncompetitive Globally but Is Outpacing Most of Its Latin American Peers

For the third year running, Colombia placed 51st out of 61 countries analyzed in IMD business school's World Competitiveness Ranking.
Posted On June 10, 2016
, By Jared Wade
ruta n alejandro franco
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Interview: New Ruta N Chief Alejandro Franco Unveils His Ambitious Goal of Creating 9,000 Jobs

Colombia's most successful startup accelerator has set ambitious goals for growth as it strives to transform Medellín into a knowledge economy.
Posted On June 9, 2016
, By Loren Moss
colombia
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Report Ranks Colombia as 37th Best Nation Contributing to Global Prosperity and Equality

Colombia's ranking is hurt the most by its poor score on free trade, which measures "open trading performance compared to best practices."
Posted On June 8, 2016
, By Jared Wade
Grupo Sura Barranquilla
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Mexican Regulator Approves Grupo Sura’s Purchase of Local RSA Subsidiary

Mexico's insurance regulator has approved Grupo Sura's 2015 purchase of the local arm of RSA Insurance Group.
Posted On June 8, 2016
, By Jared Wade
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American Express Aiming for 20% Market Share of Credit Card Business in Colombia

AmEx says it now has a 10% participation in the market and is looking to double this percentage quickly.
Posted On June 7, 2016
, By Loren Moss
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