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Parque Explora Medellin Colombia
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Exploratorio: Medellín Gets a New Makerspace for Creation

"This is a creation and meeting laboratory," says Camilo Cantor about Medellín's new Exploratorio makerspace.
Posted On January 19, 2017
, By Loren Moss
odebrecht
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Colombian Infrastructure Agency Calls to Void Odebrecht Highway Contract Tainted by Bribery

Prosecutors have claimed that former senator Otto Bula took a $4.6 million USD bribe to ensure Odebrecht won a bid to build a section of the Ruta del Sol highway.
Posted On January 18, 2017
, By Jared Wade
Coal new colombia resources
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New Colombia Resources Signs $90 Million USD Order to Send Colombian Coal to China

The company says it will ship some 500,000 tonnes of metallurgical coal from Colombia to China in 2017.
Posted On January 17, 2017
, By Jared Wade
tarot imf international monetary fund economic outlook update latin america
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IMF Cuts Economic Growth Forecast for Latin America in 2017

The IMF lowered its 2017 projections for Brazil by 0.3% and Mexico by 0.6%.
Posted On January 16, 2017
, By Jared Wade
tomtom
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TomTom Brings Its Real-Time Navigation Service to Colombia

TomTom says its service can help Colombian drivers navigate better by "taking into account the dynamically changing situation on the road."
Posted On January 16, 2017
, By Jared Wade
odebrecht
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Former Colombian Transportation Official Arrested for Allegedly Taking $6.5 Million USD Bribe from Odebrecht

Garcia was involved in awarding a large road project contract while serving under former President Álvaro Uribe.
Posted On January 15, 2017
, By Jared Wade
luxury tax
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Colombia’s Tax Revenues Rose 2.4% in 2016

Though the increase was welcomed by the government, the 126.7 trillion pesos collected came in below the target of 130.1 trillion pesos.
Posted On January 14, 2017
, By Jared Wade
banco de bogota banco de bogotá bancolombia colombia
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Banco de Bogotá Approved More Than 7,000 Student Loans in 2016

Crediestudiantil loan terms have a fixed monthly interest rate of 1.7%.
Posted On January 13, 2017
, By Jared Wade
bogota metro transmilenio colombia bogotá elevated (Image credit: Bogotá Mayor's Office)
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Government Approves Funding for $5.2 Billion USD Bogotá Metro and Regional Rail Project

"It is the largest investment in the history of Bogotá," said President Santos.
Posted On January 12, 2017
, By Jared Wade
colombia ratings fitch ratings outlook stable negative sovereign rating bogota medellin
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Fitch Ratings Analyst: Tax Reform May Not Be Enough to Improve Colombia’s Ratings Outlook

“We have to wait for the results of the tax reform," analyst Richard Francis told Finance Colombia in New York.
Posted On January 12, 2017
, By Rodrigo Torres
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