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Month

//January 2018
Photo: Jose Maria Cordova International Airport in Rionegro, Colombia, which is operated by Grupo Aeroportuario del Sureste, ASUR. (Credit: SajoR)
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Passenger Traffic Fell by 0.9% in 2017 at Six Colombian Airports Operated by ASUR of Mexico

The largest cause of the decline was a prolonged strike this fall by more than half of the Colombian pilots working for Avianca.
Posted On January 26, 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
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Colombian Peso Hits Strongest Value Against Dollar Since November 2015 as Greenback Tumbles

The U.S. dollar currency index fell by almost 1% Wednesday afternoon to a 52-week low following market-moving comments by the U.S. treasury secretary.
Posted On January 24, 2018
, By Jared Wade
Chief executive officer (CEO) adjusting his tie and getting ready to work. (Credit: Free-Photos / Pixabay)
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Majority of CEOs Are Now Optimistic About Global Economy but Fewer Are Confident in Their Own Company’s Growth

“With the stock markets booming and GDP predicted to grow in most major markets around the world, it’s no surprise CEOs are so bullish,” said Bob Moritz of PwC.
Posted On January 24, 2018
, By Jared Wade
avianca colombia bogota el dorado rut los angeles
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Avianca Sees Slight 0.1% Passenger Dip in 2017 Amid Pilot Strike in Colombia

Domestic and regional traffic numbers were down but passengers in international markets grew 6.1% over 2016 to reach 12,578,095 flyers.
Posted On January 24, 2018
, By Jared Wade
gran tierra energy colombia oil colombian peso geopark Orinoquia Capital frontera energy pacific exploration and production
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Frontera Energy Hit 71,015 Barrels of Oil Equivalent Per Day to Close 2017, Averaged 64,445 Per Day in Fourth Quarter

Frontera Energy plans to drill between 40 to 50 wells in the first quarter of 2018.
Posted On January 22, 2018
, By Jared Wade
Housing construction costs rose by 4.77% in Colombia in 2017. (Credit: Jared Wade)
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Housing Construction Costs Increased by 4.77% in Colombia in 2017

The increase was driven largely by a 5.94% spike in labor costs and 4.38% rise in the cost of materials.
Posted On January 22, 2018
, By Jared Wade
Photo: U.S. Embassy in Bogotá. (Credit: U.S. Department of State)
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U.S. Embassy in Colombia to Continue Providing Essential Services During Shutdown, Including Passport, Visa Issuance

The embassy stated that many regular functions will be affected, but “U.S. citizen services, such as passports, and visa services will continue.”
Posted On January 21, 2018
, By Jared Wade
World Economic Forum brings UpLink initiative for startups to Latin America. (Photo credit: StartupStockPhotos / Pixabay)
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World Economic Forum, International Finance Corporation Bring ‘UpLink’ Startup Accelerator Program to Latin America

The selected startups will get the opportunity to attend the World Economic Forum on Latin America in March in São Paulo.
Posted On January 21, 2018
, By Jared Wade
Alonso Cardona Delgado has been appointed as vice minister of mines and energy, the Ministry of Mines and Energy announced this week. (Credit: Ministry of Mines and Energy)
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Alonso Cardona Delgado Named Colombian Vice Minister of Mines and Energy

Cardona Delgado is a mechanical engineer by trade who served as Colombia’s national energy director from 2012 to 2013.
Posted On January 20, 2018
, By Jared Wade
Bancolombia mobile app (Photo credit: relexahotels / Pixabay)
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Bancolombia Adds Fingerprint Identification to Mobile Wallet App

The goal of introducing fingerprint ID is to make the app both easier to use and more secure for its customers.
Posted On January 18, 2018
, By Jared Wade
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