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For the second year in a row, Finance Colombia will be participating as a media sponsor of Bonds, Loans & Derivatives Andes, at the JW Marriott in Bogotá February 23 & 24th.  As the only conference in the Andean region bringing together Colombian and Peruvian capital...

Mauricio Cardenas Santamaria (pictured above), Minister of Finance and Public Credit in Colombia will be delivering a keynote address at Bonds, Loans & Derivatives Andes conference next month, February 23 & 24.  Speaking for the third consecutive year, the Finance...

Colombia’s unemployment rate dropped in November to 7.3%, announced Minhacienda, Colombia’s Finance Ministry, along with statistics agency DANE yesterday. The new rate reflects a drop of 0.4 percentage points over the 2014 statistic. The rate in the 13 largest cities was measured...

Yesterday, President Juan Manuel Santos, along with Finance Minister Mauricio Cardenas and Labor Minister Luis Eduardo Garzón, signed into law Decreto (Decree) 2552 of 2015, setting the Colombian monthly minimum wage at $689,455 pesos. This power was given to the executive branch...

Beginning Wednesday, September 16th and 17th, 20 US companies will be visiting Colombia, accompanied by the US Chamber of Commerce and the US State Department. The delegation will be meeting with top Colombian government representatives to discuss different topics relevant to...

Yesterday, Colombia’s Development Finance Agency, FDN (Financiera Nacional de Desarrollo) announced the successful financing of the first three 4G (Fourth Generation) highway concessions, expanding the country’s ground transportation infrastructure. This will facilitate...

Colombia’s Finance Ministry (Minhacienda) head Mauricio Cardenas said Tuesday at Bogotá’s Bloomberg Conference that the government will propose a national budget of “Intelligent Austerity”—belt tightening in public sector spending, and supporting private sector growth into a...

Colombia remains among the fastest-growing economies in Latin America, with government estimates signaling the country will grow approximately 3.5 to 4% in 2015, while the country’s central bank forecasts a 3.2% increase in GDP. At a time of domestic and external challenges,...

Colombia’s Central Bank board at its meeting last Friday decided to keep the country’s benchmark interest rate at 4.5% taking into account the following: The United States economy is expanding at a slower pace, and the Euro area and Japan are showing signs of gradual recovery....

Finance Minister Mauricio Cardenas on Monday confirmed the commitment of the national government to finance 70% of the construction of Bogotá’s first subway line. “We reiterate our commitment to the construction of the Metro in the capital of the country, which will...