Category

While the president is away at the COP27 summit, inflation hit a 23 year high, which will no doubt affect the coming minimum wage increase.

In this week’s Colombia business news recap: Tecnoglass continues to break records EPM postpones the bid process to finish Hidroituango for the fifth time Mayor McMeat and the cattle ranchers Emerging new restaurants Tax Reform has passed I am really looking forward to the...

Export data for September disappointed once again, but unemployment data is trending favorably - and tax reform passed!

This past week: Nationwide protests, the falling peso, land redistribution, Ecopetrol, Petro's pal Lula, Quintero's Hidroituango crisis, & more!

Last week ended with the Central Bank increasing rates from 10-11%, fully as expected but FinMin Ocampo was part of a unanimous vote of 7-0 despite public comments suggesting rate increases wouldn’t slow supply side inflation. His reply was that he wanted to help the...

The Central Bank will sit down shortly over fine Colombian coffee and, no doubt, a few cheeky pastries to discuss what to do about interest rates. The current 10% is not going to get the job done and the consensus is for a move to 11%. The question that remains is whether that is...

Quintero is pretending to make laws for a mayoral administration 3 terms into the future. Why would he do this?

I will not be upgrading to the new R series as long as there is doubt regarding the availability of 3rd party lenses

The powerful Colombian banker and real estate developer Jaime Gilinski (Publicaciones Semana, Banco GNB Sudameris, Lulo Bank, Servibanca, etc.), the second richest person in the country, is making his move in the hope of undoing the castling of the Grupo Empresarial Antioqueño...

On Friday we also had the Central Bank's latest survey for October, and everything continues to trend upwards versus September.