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All three agencies said publicly many months ago that they were looking for the tax reform to right the fiscal ship which has been listing badly ever since COVID struck - to put it bluntly, the authorities have failed to deliver - and it is on them.

Colombia's gross general government debt to GDP ratio is forecast to reach 60.8% in 2021, more than double the 30% level when Fitch upgraded Colombia back to the 'BBB' category in 2011.

The Humanos 3D Foundation he established is busy providing advanced functional prosthetics to Colombians across the country; many victims of violence, others overcoming congenital medical issues or accidents.

Antioquia's new secretary of economic development has obviously done her homework, and has a lot to say on the goals she and the governor's administration has for the area. In this interview, Daniela Trejo speaks with Finance Colombia's Loren Moss on Antioquia's rapid growth,...

PriceSmart, Inc. (NASDAQ: PSMT) announced that net merchandise sales in May increased 16.3% to $286.4 million from $246.3 million in May a year earlier. Comparable net merchandise sales for the 45 warehouse clubs open at least 13½ full months increased 12.0% when compared to the...

This past week most headlines have been so contaminated with politics it has been hard to find much else to discuss. Everyone who ever picked up a banner and marched in Colombia is a descendant of Vladimir Lenin and anyone who ever owned a business has modeled it on the Victorian...

Travelers presenting COVID symptoms are still prohibited from flying, and travelers, foreign & domestic must report any symptoms to Colombian authorities. Masks must still be worn at all times in airports and commercial aircraft. Travelers to destinations from Colombia must...

Please be advised that currently, routine passport processing in the United States can take 10-12 weeks. If you need a passport in less than 10-12 weeks due to international travel plans, you can pay an additional $60 fee to expedite your passport, which will shorten the...

The move further weakens Colombia’s precarious financial position brought on by the COVID-19 pandemic, causing an almost 7% contraction in the country’s economy. Fitch may likely downgrade Colombia as well, as the country already sits at the firm’s lowest investment grade before...

The joint venture between Delta and LATAM airlines has been in the works since 2020, after Delta managed to break LATAM's long-standing business partnership with American Airlines in order to strengthen its presence in Latin American markets.