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Month

//April 2017
Banco de la Republica, the central bank of Colombia, in Bogotá.
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Colombian Central Bank Accelerates Easing with Interest Rate Cut of 50 Basis Points

One analyst firm believes the move "to step up the pace of interest rate cuts is a clear response to the weakness of the recent activity data."
Posted On April 28, 2017
, By Jared Wade
AngloGold Ashanti Open Pit Gold Mine Colombia La Colosa Sadiola Tanzania
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AngloGold Ashanti Suspends Operations at La Colosa Gold Mine in Colombia After Local Vote Against Mining

The South African mining company said it made the "unfortunate decision to stop all project activities...until there's certainty about mining activity in the country."
Posted On April 27, 2017
, By Jared Wade
beef barbecue colombia chile export
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Colombian Beef Producers Receive Approval to Export Meat to Chile

Four beef producers have already been approved to start shipping their products to Chile, which imports some $800 million USD of meat per year.
Posted On April 27, 2017
, By Jared Wade
Ecopetrol oil and gas company headquarters in Bogotá, Colombia
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Attack on Caño Limón-Coveñas Pipeline Causes Oil Spill and ‘Environmental Emergency’ in Norte de Santander, Says Ecopetrol

The oil spill has threatened a nearby stream that feeds into an aqueduct relied upon by some 3,500 locals in Guamalito.
Posted On April 27, 2017
, By Jared Wade
Davivienda Bogota Colombia Green Bond IFC World Bank
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Davivienda Issues Nearly $150 Million USD in Green Bonds to IFC

Davivienda's 433 billion pesos in green bonds, with a 10-year term, have been acquired entirely by the International Finance Corporation.
Posted On April 27, 2017
, By Jared Wade
international monetary fund colombia IMF growth forecast
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The IMF Lowers Its Growth Forecast for Colombia to 2.3% in 2017

The IMF is predicting 2.3% GDP growth for Colombia in 2017, a decrease from the 2.7% expansion the institution had forecasted in October.
Posted On April 26, 2017
, By Jared Wade
Wingo Catalina Bretón Copa Holdings Copa Airline Colombia Semana Santa Bogota El Dorado International Airport
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Wingo Reports 96% On-Time Rate for Flights During First Year of Semana Santa Operations

Airline improvement in recent years means more Colombians "now consider air travel their first choice when traveling," said Wingo CEO Catalina Bretón.
Posted On April 25, 2017
, By Jared Wade
banco de bogota banco de bogotá bancolombia colombia
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Banco de Bogotá to Install Correspondent Banking Locations in La 14 Supermarkets

Each "corresponsal" will serve as mini-branch that allows customers to make payments, withdrawals, deposits, and other day-to-day transactions.
Posted On April 25, 2017
, By Jared Wade
isagen colombia FDI
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Moody’s Investors Service Withdraws Issuer Rating of Isagen

Moody's said its decision was based on having "insufficient or otherwise inadequate information to support the maintenance of the rating."
Posted On April 25, 2017
, By Jared Wade
ishop colombia barranquilla
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iShop Opens Its 20th Store in Colombia in Barranquilla

iShop's Barranquilla store will be its largest in Colombia, which is now home to 20 of the company's 49 stores in Latin America.
Posted On April 24, 2017
, By Jared Wade
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