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President Juan Manuel Santos announced Wednesday plans to expand the El Dorado International Airport in Bogotá, which seeks to increase the current capacity of 50 operations per hour and 27 million passengers per year, to 90 operations per hour and approximately 40 million...

The bonds, due in 2045, have a 5% coupon, the lowest rate that Colombia has achieved to date. The Ministry of Housing and Public Credit, Minhacienda, completed a successful bond offering today of $1.5 Billion (US), though there was $5 billion worth of demand from 244...

The ratings firm Fitch reaffirmed its opinion on Medellin’s creditworthiness in a release issued today. Edited excerpts follow: According to Fitch, the rating actions are the result of the city’s relevant role in the Colombian economy; sound, albeit declining,...

The Colombian economy has done remarkably well over the last decade, consistently ranking among the fastest-growing countries in Latin America, but a comprehensive tax reform that promotes investment and diversifies the economy is now needed to put the country on a path toward...

According to a report by Bloomberg, major global and regional banks, both commercial and investment, are looking to increase their stakes and presence in Colombia. Among them, Brasil’s Itaú is said to be purchasing Chilean Corpbanca SA, which recently purchased the majority...

Mintrabajo, Colombia’s ministry of labor, announced that the monthly minimum wage throughout the country will be set at $644,350 pesos per month, an increase of 4.6%. The labor minister, Luis Eduardo Garzón, announced that the increase was higher than in previous years, thus...

According to the Fiscalia General (Federal Prosecutor’s Office) on December 12, 2014, Prosecutor, Pedro David Berdugo Salcedo; CTI investigator, Harold Mauricio Sánchez Hernández, and accountant Over José Ospino González were conferred the Enrique Low Murtra medal in...

According to reports in El Tiempo, the former mayor of Milán, Caquetá is being extradited to the US to face charges for narcotics trafficking. Jhon Eduarth Monje Alvarado has been indicted by a Texas court of belonging to an organized trafficking ring that has moved close to 100...

Friday January 16th at 3:14 p.m., the first Boeing B787-8 of Avianca departed from the El Dorado International Airport in Bogotá en route to New York with 236 passengers and 10 crew. On board this sophisticated aircraft, passengers of route AV 244 will enjoy a more comfortable...

Today, at an event in Bogotá, Colombia, Facebook founder and CEO Mark Zuckerberg and President Juan Manuel Santos announced the availability of Facebook’s Internet.org app for Tigo customers in Colombia. Zuckerberg hosted a live question & answer session ...