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Reportedly 100 new ideas have been added to Colombia's second attempt at tax reform this year, and four original provisions have already been axed.

S&P left Ecopetrol's individual standalone credit rating at 'bbb- ' with stable outlook, the company announced last week, after its acquisition of electrical grid operator ISA.

55% of Colombians support more trade barriers to imports of foreign goods and services, while a majority of 54% of Colombians still agree that “Overall, globalization is a good thing for my country.”

The amount represents claims for 5,158 insured risks, including real estate, public transport, private goods, vehicles, and cargo. According to Fasecolda, insurers expect to pay $154.7 billion pesos on 1,850 private risks, and $60.7 billion on 347 public-sector risks.

Another aspect is the normalization tax complementary to income tax. This 17% tax would be reincorporated with the purpose of normalizing omitted assets or nonexistent liabilities, and would be in force for the year 2022. During 2021 an advance payment of 50% must be made.

On a more optimistic note, the MSCI COLCAP finally appears to be gaining a foothold in 2021, we are no longer bottom of the pile and for foreigners in particular, there are bargains to be had.

Launching December 2023, guests can explore the hidden treasures of the Magdalena River for the first time aboard a new all-suite, eco-friendly river cruise ship.

Tecnoglass stock recently reached a high of $24.60 USD per share, almost five times its value of just a year ago.

Viva Air’s nonprofit affiliate has begun delivering thousands of books to rural and indigenous children. The initiative follows up on Viva’s delivery of 3,502 school supply kits to youth on the impoverished La Guajira peninsula.

Clopatofsky Ghisays, born in Cartagena in 1961, is a business administrator, with studies in Political Science at the Javeriana University, and a master's degree in Public Administration at Harvard University.