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Study: Colombian Companies Have a Long Way To Go When It Comes to Digital Transformation

A recent CINTEL's study found that the average company in the country rates at just 51.5% on its Digital Transformation Maturity Index.
Posted On December 16, 2023
, By Editorial Staff
colombia ratings fitch ratings outlook stable negative sovereign rating bogota medellin
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Fitch Ratings Affirms AAA Rating for Fondo Nacional de Garantía

FNG enjoys public backing and remains a "strategically important entity for the Colombian government," per Fitch Ratings.
Posted On December 16, 2023
, By Editorial Staff
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Organized Crime’s Influence on Gold Mining Is Increasing in Colombia

With the advance of crime groups, gold mining in Colombia will likely continue evolving into a purely criminal industry where illicit interests, environmental devastation, and inadequate government action converge.
Posted On December 16, 2023
, By Insight Crime
LATAM Airlines Boeing 787-9 Dreamliner
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Superior Court of Bogota Rules in Favor of LATAM in the Airport Slot Dispute with Avianca

After the court annulled a previous decision, Latam was cleared of improper operations and will resume issuing tickets at Bogotá's El Dorado Airport.
Posted On December 15, 2023
, By Santiago Ramirez
colombia inflation rate peso 50 mil banco de la republica central bank Colombian peso Colombia peso Colombia inflation Colombia minimum wage colombian peso
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Colombian CPI Drops Again in November

Banco de la República now surely have to cut rates by at least 25 basis points in a couple of weeks time.
Posted On December 12, 2023
, By Rupert Stebbings
Argos Cement Colombia (Photo credit: Jared Wade)
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Fitch Affirms AAA and F1+ Ratings for Grupo Argos with a Stable Outlook

"Recurring dividend flow will normalize from 2024 and continue to strengthen in the following years with the incorporation of higher dividends from Grupo de Inversiones Suramericana."
Posted On December 12, 2023
, By Editorial Staff
Banco de la Republica, the central bank of Colombia, in Bogotá.
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What Jumps Out: PPI Fell by 1.9% Last Month in Colombia — Let’s Hope CPI Data Is This Good

PPI data for November came in with another healthy decline. Let's hope the CPI data is even close to as good.
Posted On December 6, 2023
, By Rupert Stebbings
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Companies in Colombia Will Soon Have to Confront New Minimum Income Tax Requirements

Companies in Colombia will soon have to confront a new tax, the Minimum Income Tax (TTD), that requires them to pay 15% of profits regardless of size.
Posted On December 6, 2023
, By Gustavo Mejia
What Jumps Out - Rupert Stebbings BVC
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What Jumps Out: In Colombia, All Eyes on Inflation Data

In October, the monthly reading was 0.25%, which led to a year-over-year number of 10.48%. Now, the question is how far it will fall this month.
Posted On December 5, 2023
, By Rupert Stebbings
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Expodefensa 2023 Kicks Off Today in Bogotá, Colombia

"Expodefensa 2023 promises to be a significant milestone in the region's security and defense landscape," say the organizers.
Posted On December 5, 2023
, By Jared Wade
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