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Improving credit conditions and economic growth have led to a stable outlook in 2018 for Latin American and the Caribbean.

The paper of record highlights the “pulsating capital of Bogotá” now featuring “dozens of luxe hotel chains” and a rising gastronomical scene.

Though the 57 billion pesos allotted for 2018 are substantially below the 161 billion pesos invested last year, Colombia's commerce ministry stressed that the investment is critical.

With an already-massive port business and a spike in international tourism, Cartagena’s Rafael Núñez International Airport is nearing capacity. To solve the problem, Conecta Caribe, along with a team of partners, has devised a proposal to construct a bigger and better...

While the rest of Latin America is going one way, Colombia is still lagging behind. Only Ecuador, with a 6.1% drop in the first quarter, performed worse.

With multiple proven wells and four gas blocks in the area, Ecopetrol believes it may be able to begin extracting the resources more efficiently.

At least 20 people were killed by a building collapse in Cartagena late last week, with more than 20 others also suffering injuries

"Both wells confirm the potential of this hydrocarbon province, located in the southern Colombian Caribbean," said Ecopetrol.

Ecopetrol has struck oil in the Gulf of Mexico. It holds a 20% stake in the now-proven Warrior well site.

The Warrior well is located within an area called Green Canyon that is operated by Anadarko Petroleum Corporation. Ecopetrol America controls nearly 20% of that block.