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Month

//December 2023
Argos Cement Colombia (Photo credit: Jared Wade)
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Fitch Affirms AAA and F1+ Ratings for Grupo Argos with a Stable Outlook

"Recurring dividend flow will normalize from 2024 and continue to strengthen in the following years with the incorporation of higher dividends from Grupo de Inversiones Suramericana."
Posted On December 12, 2023
, By Editorial Staff
Banco de la Republica, the central bank of Colombia, in Bogotá.
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What Jumps Out: PPI Fell by 1.9% Last Month in Colombia — Let’s Hope CPI Data Is This Good

PPI data for November came in with another healthy decline. Let's hope the CPI data is even close to as good.
Posted On December 6, 2023
, By Rupert Stebbings
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Companies in Colombia Will Soon Have to Confront New Minimum Income Tax Requirements

Companies in Colombia will soon have to confront a new tax, the Minimum Income Tax (TTD), that requires them to pay 15% of profits regardless of size.
Posted On December 6, 2023
, By Gustavo Mejia
What Jumps Out - Rupert Stebbings BVC
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What Jumps Out: In Colombia, All Eyes on Inflation Data

In October, the monthly reading was 0.25%, which led to a year-over-year number of 10.48%. Now, the question is how far it will fall this month.
Posted On December 5, 2023
, By Rupert Stebbings
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Expodefensa 2023 Kicks Off Today in Bogotá, Colombia

"Expodefensa 2023 promises to be a significant milestone in the region's security and defense landscape," say the organizers.
Posted On December 5, 2023
, By Jared Wade
banco de bogota banco de bogotá bancolombia colombia
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Fitch Affirms Banco De Bogota and Grupo Aval Ratings at BB+

"Fitch does not anticipate a further impact on the bank's financial profile after the challenging operating environment from 2023," stated the ratings agency.
Posted On December 5, 2023
, By Editorial Staff
Photo courtesy Arajet
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Aviation Awards: Arajet Named Best Startup Airline, Avianca Completes ‘Airline Turnaround of the Year’

Previous startup airline of the year winners include Play Airlines, Cobalt Air, and Air Seoul.
Posted On December 4, 2023
, By Editorial Staff
Photo: U.S. Embassy in Bogotá. (Credit: U.S. Department of State)
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US Social Security Federal Benefits Services to Visit Cali, Medellín, Bogotá and Pereira in December

The United States Social Security Administration recently released the following notice for those living in Colombia and receiving Social Security or other federal benefits
Posted On December 4, 2023
, By Editorial Staff
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30 Years Later: How the Cocaine Trade Has Changed Since the Death of Pablo Escobar

The 30 years since the kingpin’s death have shown that the business remains one of the world’s most dynamic criminal economies.
Posted On December 3, 2023
, By Insight Crime
José Antonio Vieira, new CEO of Procaps
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Procaps Names Jose Antonio Vieira as New CEO

"Procaps is a unique company with tremendous potential," said Vieira, who will officially take over the CEO role on January 15.
Posted On December 2, 2023
, By Editorial Staff
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