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Month

//November 2023
Social Security
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Anyone Living in Colombia Who Receives US Social Security Benefits May Need to Complete a Foreign Enforcement Questionnaire

Finance Colombia is posting this US SSA notice in full to help ensure affected readers see this important information.
Posted On November 18, 2023
, By Editorial Staff
Banco de la República, the central bank of Colombia, in Bogotá. (Photo credit: Camilo Sanchez)
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Colombian Central Bank Has Done a Job on GDP Growth as Third-Quarter Print Comes in Negative

The real headline grabber should be Banco de la República, which — in its infinite wisdom — has chosen to ignore the other 99% who understand that 13.25% overnight rates choke off an economy.
Posted On November 17, 2023
, By Rupert Stebbings
Colombian Inspector General Margarita Cabello speaking in front of a podium.
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As Standoff Between EPS Sanitas and Cruz Verde Comes to a Head, Colombian Government Steps in to Mediate

With a deadline looming, Sanitas reached a distribution agreement with pharmaceutical management firm Audifarma to avert the crisis — for now.
Posted On November 16, 2023
, By Gustavo Mejia
Loren podcast
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Colombia Business News Recap: November Post Election Analysis, Rising Insecurity in Colombia

Daniel Quintero's ticket got humiliated, the Diaz kidnapping signals rising insecurity, voters dissatisfied with Petro, "Total Peace" not working.
Posted On November 14, 2023
, By Loren Moss
President Gustavo Petro attending a meeting in Paris, France. (Photo credit: Presidencia de la República)
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Hope Is Fading for Petro’s Total Peace After Díaz Kidnapping and Suspension of EMC Negotiations

The plan was ambitious from the onset, but talks with the country’s two most important criminal groups, the ELN and the EMC, appear to be unraveling.
Posted On November 14, 2023
, By Insight Crime
Photo courtesy Latam
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LATAM Launched a New Daily Flight from Medellín to Miami

The nonstop three-and-a-half-hour flight departs Colombia's second largest city each day at 12:30 pm local time.
Posted On November 13, 2023
, By Editorial Staff
bancolombia medellin
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Another Bancolombia App Outage Highlights the Need for More Competition in Colombia’s Banking System

This is a country where banks still charge you for the privilege of looking after your money. Dickensian some would say.
Posted On November 13, 2023
, By Rupert Stebbings
Uttam Dhillon (right), then-acting administrator of the DEA, with Kevin Whittaker, former US ambassador to Colombia, during a trip to Colombia in 2019. (Photo credit: DEA)
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Cyber-Breach in Colombia Exposed Identities of More Than 100 DEA Agents and Other Law Enforcement Officers

A cyber-breach at Colombia’s prosecutor’s office has exposed the identities of more than 100 US law enforcement agents and scores of their Colombian and global counterparts.
Posted On November 12, 2023
, By Insight Crime
A user looks at their iPhone.
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Colombia Establishes Measures to Protect Users from Receiving Spam Text Messages

Operators, providers, and other companies included in the regulation may face sanctions from the Superintendence of Industry and Commerce if they fail to comply.
Posted On November 11, 2023
, By Editorial Staff
Banco de la República, the central bank of Colombia, in Bogotá. (Photo credit: Camilo Sanchez)
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What Will the Colombian Central Bank Do After a Better Inflation Print?

Will Banco de la República upgrade its November meeting to a "decision" meeting in order to cut rates from 13.25% and start the easing cycle?
Posted On November 11, 2023
, By Rupert Stebbings
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