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Bancolombia NowCast Index Signals Colombia Economic Slowdown in First Quarter
Bancolombia's NowCast data reveals a cooling economy as construction and communications sectors face contraction in early 2026.
Posted On April 8, 2026
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//Retail
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TaskUs Opens New Operations Center in Medellín and Surpasses 4,000 Jobs in Colombia
Since 2021, TaskUs has grown in Cali, Barranquilla, and Medellín, employing over 4,000 Colombians.
Posted On April 25, 2025
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Fitch Ratings Forecasts Growth in Latin America’s Real Estate Market for 2025
Retail spaces in Mexico and Brazil show strong metrics with rent growth, high collections, and stable occupancy.
Posted On March 7, 2025
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Report: Retailers in Latin America Stand to Benefit as Inflation and Interest Rates Fall in the Region
"In response to these market dynamics, companies are striving for a more balanced strategy between growth and profitability," said Fitch Ratings.
Posted On July 1, 2024
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PriceSmart Opens Second Location in Medellín, Colombia
This marks the 10th store for PriceSmart in Colombia, which so far is the retailers only South American market.
Posted On October 5, 2023
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IKEA Opens First Colombian Store in Bogotá, Plans to Launch Two More Next Year in Medellín and Cali
Even before the launch of this store in Bogotá, IKEA made plans to open stores next year in both Medellín and Cali.
Posted On September 30, 2023
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Ukraine-Origin IT Outsourcer Intellias Opens Colombian Operations With Big Plans For Continued Expansion
Intellias expects to hire up to 60 specialists in Colombia by the end of 2023.
Posted On March 22, 2023
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What Jumps Out: News Fest
Colombia is very rarely, if ever, bereft of news, and this week was no exception. In fact it was a bit of a doozy!
Posted On February 17, 2023
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What Jumps Out: The Week Ahead, October 18
On Friday we also had the Central Bank's latest survey for October, and everything continues to trend upwards versus September.
Posted On October 18, 2022
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Canada’s Pension Fund Pays $334 Million For 19% Stake in D1 Colombian Discount Grocery Chain
The D1 chain shares some similarity to the Aldi chain, popular in Europe and North America, albeit with a smaller store footprint.
Posted On July 8, 2022
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