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Service-oriented and labor-intensive businesses may face higher operating costs due to the 23% minimum wage hike and its immediate impact on indexed service categories

Colombian banks must now walk a tightrope between angering the outgoing president & international financial isolation.

Inflation fears kept Colombia's central bankers from reducing the key interest rate, amidst upward wage pressures.

Colombia’s economy grows, but high rates and delayed tax collection hinder progress. Floods rise, La Niña looms, and the wage debate continues.

The absolutely key takeaway from these developments is the fact that the institutions of Colombia are holding very firm.

The nationwide taxi protests did not have the effect the cabbies expected.

The oil sector dominated the headlines for a variety of reasons this week…and most of it was good news.

The Peso was badly hit during the holiday period dropping 4.87% to over 5,000 once again...

CPI may yet go higher, obviously not to those seen on the streets of Caracas or Buenos Aires, but only Chile (13.3%) amongst the mainstream Latam economies has higher inflation.

Services exports reached $7.641 billion, 30.9% higher than in 2020.