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Colombia’s President Iván Duque Márquez announced yesterday, from his Twitter account, the appointment of University of Los Andes economist Arturo José Galindo Andrade as the new co-director of the Banco de la República, Colombia’s Central Bank, replacing José Antonio Ocampo. “I...

Colombia’s government has raised the minimum wage for 2020 by 6% to $980,657 Colombian Pesos ($298.92 USD) per month, including the transportation subsidy mandatory for employees making less than twice the official minimum wage. The minimum monthly salary will be set at $877,803...

Minvivienda, Colombia’s ministry of housing has announced that 28 year old macroeconomics profesor Carlos Alberto Ruiz Martinez has been named the vice-minister in charge of housing for Colombia. Ruiz is an economist at Universidad Nacional (National University) and holds a...

With more than 1,000 business meetings held at Colombia’s recent Colombia Investment Summit 2019, Colombia’s national Investment Promotion Agency (IPA) ProColombia announced over $1 Billion USD in new foreign direct investment (FDI). These include an investment by the US...

Last month a delegation of functionaries from Kenya, Ghana & Ethiopia were in Medellín to understand the success Colombia’s second largest city has had in implementing bicycle friendly infrastructure in the city’s urban transport ecosystem. The mission participants studied...

According to a new report by Colombia Risk Analysis, the debate underway over pension reform in Colombia is plagued with misinformation and confusion resulting from the current divisive political climate in the country, and conflicting objectives by various political actors....

On November 21, massive protests took place throughout Colombia; the largest at least since 1977, over 40 years ago. Though limited labor union strikes and university student protests are fairly common in Colombia, this was a public action unseen in Colombia for at least two...

At the instruction of the Colombian President Ivan Duque’s finance ministry, Colombia’s state-controlled petroleum company, Ecopetrol (NYSE: EC, BVC: ECOPETROL) has called for an extraordinary meeting of shareholders for December 16th at 7:30am in Bogotá’s Corferias...

Colombia’s National Strike that took place yesterday, November 21 was overwhelmingly peaceful—depending upon where one was. Medellín and Cartagena saw almost completely peaceful protests, while Cali saw incidents of violence, and predictably, Bogotá saw massive acts of vandalism...

Yesterday in Colombia the country saw massive protests in every major city and in many small towns and even rural villages. The marches, largely peaceful with some exceptions in Bogotá, Cali and some looting in the small, impoverished city of Buenaventura, were a perfect storm of...