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The highest inflation level since 2001 is "testing Colombia's commitment to preserving the credibility of its inflation targeting regime," says Fitch.

Israeli construction company Shikun & Binui Ltd. recently closed on a $640 million USD infrastructure project in Colombia to build a nearly 100-mile-long toll road near the nation’s capital of Bogotá. The large sum includes all the costs related to financing,...

The Colombian government has no plans to draw on the credit line but wanted an increase from the previous $5.4 billion USD available as a precautionary measure.

For the third year running, Colombia placed 51st out of 61 countries analyzed in IMD business school's World Competitiveness Ranking.

Colombia's ranking is hurt the most by its poor score on free trade, which measures "open trading performance compared to best practices."

Due to its reliance on oil exports, Colombia continues to show one of the largest export contractions in all of Latin America.

The Global analyst firm Everest Group has released a comprehensive, 165 page report (available here) covering global service delivery locations, and the report cites Colombia as a nascent location in the global services market. While the country still has only a small share of...

During an interview earlier this month, International Monetary Fund (IMF) head Christine Lagarde was queried by IMF communications director about how various emerging economies were handling the current slump in commodities prices, especially petroleum. Lagarde singled out...

Colombia’s central bank moved to tighten Colombia’s money supply yesterday, by raising the benchmark interest rate a quarter of a percentage point to 6.25%. Colombia is facing inflationary pressures due to the precipitous fall of its Colombian peso against the US dollar, falling...

Sweeden based Transcom WorldWide AB, trading on the Stockholm NASDAQ exchange (STO:TWW) today announced that it will close its loss-making contact center in Cali, Colombia, and that the board of directors is evaluating strategic alternatives for the company’s remaining Latin...