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Interview: Will Avianca & LATAM Airlines Survive? Standard & Poor’s Analysts Weigh In

Finance Colombia arranged a meeting with key analysts with Standard & Poor to understand how this might play out for LATAM and Avianca, the two full service carriers that operate domestic routes in Colombia.
Posted On April 18, 2020
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Ecopetrol oil and gas company headquarters in Bogotá, Colombia
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Ecopetrol Reports Income of $923 Million USD in First Quarter of 2018

Despite a major oil spill and below-target production, Ecopetrol reported its best quarterly results in four years amid higher oil prices.
Posted On May 6, 2018
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bancolombia medellin
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Bancolombia Projects Colombian GDP to Grow by 2.5% in 2018

Growth will be driven by higher commodities prices, improved household consumption, and a more balanced performance across various sectors.
Posted On February 4, 2018
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colombia inflation rate peso 50 mil banco de la republica central bank Colombian peso Colombia peso Colombia inflation Colombia minimum wage colombian peso
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Colombian Peso Hits Strongest Value Against Dollar Since November 2015 as Greenback Tumbles

The U.S. dollar currency index fell by almost 1% Wednesday afternoon to a 52-week low following market-moving comments by the U.S. treasury secretary.
Posted On January 24, 2018
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colombian peso
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With Oil Prices Rising, Colombian Peso Strengthens to Three-Month High

With oil prices jumping on supply disruptions in Iran and Europe, the Colombian currency reached 2,902 pesos to the dollar.
Posted On January 4, 2018
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colombia ratings fitch ratings outlook stable negative sovereign rating bogota medellin
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Colombia’s BBB Credit Rating Under Pressure if Economy Continues to Underperform, Says Fitch Ratings

“Colombia's creditworthiness could be pressured” if low growth persists and high fiscal deficits undermine the government’s push to reduce debt.
Posted On July 12, 2017
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tarot imf international monetary fund economic outlook update latin america
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IMF Cuts Economic Growth Forecast for Latin America in 2017

The IMF lowered its 2017 projections for Brazil by 0.3% and Mexico by 0.6%.
Posted On January 16, 2017
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gran tierra energy colombia oil colombian peso geopark Orinoquia Capital frontera energy pacific exploration and production
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Colombian Peso Soars on News of Global Oil Production Cuts

The OPEC and non-OPEC agreement has brought the Colombian peso back under 3,000 to the dollar for the first extended stretch since October.
Posted On December 13, 2016
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bancolombia medellin
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Bancolombia: Colombian Economy Is Currently Bottoming and Set for a 2017 Turnaround

If the story plays out as expected, Bancolombia believes that 2015 and 2016 will end up being bumps in the road in an ongoing growth trajectory.
Posted On October 21, 2016
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colombia central bank colombia inflation banco de la republica inflation colombia interest rate banco de la republica
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Inflation Hits 15-Year High of 8.2% in Colombia

The highest inflation level since 2001 is "testing Colombia's commitment to preserving the credibility of its inflation targeting regime," says Fitch.
Posted On June 15, 2016
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