Tag

Cali Colombia has long been recognized for its diverse business fabric; its disposition towards international markets; high levels of human capital development, attractiveness for foreign investment, an international airport; and nearby Buenaventura – the country’s main port on...

Year over year, entrepreneurship in Colombia is become a major driver for economic growth and job creation, establishing the country as a leader in entrepreneurial development in the region. This has led to the creation of platforms and enterprises that boost growth initiatives,...

In April, Colombia, Brazil, Argentina, and others suspended their membership in an organization facing leadership issues and no consensus regarding relations with Venezuela.

The prediction is slightly below the 3.0% and 2.9% forecasts from the World Bank and IMF, respectively.

The IMF projection is in line with the 2.9% prediction issued last week by the World Bank.

Looking further ahead, the World Bank has forecast Colombian GDP to increase by 3.4% in both 2019 and 2020.

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

“Our partnership with Convexus is a key factor in expanding our investment in Latin America going forward,” said Yaron Hertz of NICE.

"We have a lot of noise in Colombia — I think it will explode in the next 24 months," says Raúl Rodríguez of NICE Systems.

Last July, the IMF forecasted Colombia's GDP to grow by 3.0% in 2017. In October, that figure fell to 2.7% then, in April, it was cut again to 2.3%. Now it sits at 2.0%.