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Month

//February 2018
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Colombia Hits Record-High Hotel Occupancy Rate

Colombia set an all-time modern monthly record for record hotel occupancy rate, with 62.5% of the rooms being filled last November.
Posted On February 19, 2018
, By Jared Wade
Grupo Familia of Colombia. (Photo credit: Engin_Akyurt / Pixabay)
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Grupo Familia Acquires Inpaecsa Paper Products Company for Reported $36 Million USD

Colombian household goods firm Grupo Familia acquired Industrial Papelera Ecuatoriana of Ecuador earlier this month for $36 million USD.
Posted On February 16, 2018
, By Jared Wade
cut spending colombia fitch ratings credit card (U.S. Air Force photo/Airman 1st Class Jessica McConnell)
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Colombia Must Control Spending to Reach 2019 Fiscal Rule Target, Warns Fitch Ratings

The spending crunch will test the next president of Colombia's "commitment to meet the current fiscal rule's targets."
Posted On February 16, 2018
, By Jared Wade
Colombian peso Colombia peso Colombia inflation (Credit: Jared Wade)
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Colombian GDP Grew by Just 1.8% in 2017, the Lowest Rate Since the Trough of the Global Recession

This was worst performance in eight years — below even the sluggish 1.96% growth of 2016 — and represents the third lowest rate this century.
Posted On February 16, 2018
, By Jared Wade
Avianca Airbus A320 plus Colombia (Credit: Avianca)
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Avianca Expands Codeshare Agreement with Japanese Carrier ANA for Flights Connecting Through Mexico City

Avianca and Tokyo-based airline All Nippon Airways (ANA) have expanded their codeshare agreement to include flights between Japan and the Latin American capitals of Bogotá and San Salvador. These flights connect Colombia and El Salvador to Japan via a stopover in Mexico City’s...
Posted On February 15, 2018
, By Jared Wade
Argos Cement Colombia (Photo credit: Jared Wade)
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Gray Cement Shipments Fell by 1.0% in Colombia in 2017

In all, some 11.98 million tons of gray cement were shipped in 2017 compared to 12.1 million in 2016.
Posted On February 14, 2018
, By Jared Wade
(Photo credit: skeeze / Pixabay)
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Work Begins on Two Roadways in Second Wave of Colombia’s 4G Highway Overhaul

Puerta del Hierro-Palmar de Varela and Carreto-Cruz del Viso have broken ground.
Posted On February 14, 2018
, By Jared Wade
The most severe physical damage done by the ELN infrastructure downed a bridge in Pelaya, Colombia. (Credit: Ejército Nacional de Colombia)
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Weekend Campaign of Infrastructure Attacks by ELN Disrupt Order, Kill One Soldier in Colombia

“They say they want peace, but they contradict that fact,” stated President Santos, adding "it will be very difficult to resume the dialogues.”
Posted On February 12, 2018
, By Jared Wade
Crude oil production in Colombia energy and natural resources sector. (Credit: lalabell68 / Pixabay)
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Frontera Energy Suspends Operations at Cubiro Oil Field in Colombia After Local Violence, Threats

Frontera Energy this week suspended operations at a site in Casanare in response to violence, intimidation, and threats.
Posted On February 9, 2018
, By Jared Wade
European Union flag. (Photo credit: Wiktor Dabkowski, Action Press)
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Patricia Llombart Cussac Named European Union Ambassador to Colombia

Llombert, a native of Spain, will focus her efforts on carrying out the various EU projects in post-conflict Colombia.
Posted On February 9, 2018
, By Jared Wade
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