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It was an eclectic week, even by Colombian standards.

Two-thirds of those surveyed for the World Economic Forum’s Chief Economists Outlook expect a global recession in 2023

ILC was a company that back in 2019 had 34% market share in the rum category. In just two years that grew to 66% of Colombia's rum market.

Flora Growth grows, cultivates, and develops products derived from medicinal cannabis that are sold to pharmacies, clinics, and cosmetic businesses worldwide.

Alpina's portfolio has more than 600 SKUs including aged cheeses, milks, yogurts, functional dairy beverages, vegetable-based beverages, baby food, nutraceutical and food supplements.

In July, 5 companies will begin 5G network trials in the Colombian cities of Medellín, Bogotá, Tolú, Barrancabermeja, and Cali. Meanwhile the country announced a strategy to move consumers at least to 4G and dismantle the aged 2G mobile telecommunications network.

Colombia has completed the 8-year accession process, now making it a full member of the OECD: The Organization for Economic Cooperation & Development based in Paris.

Despite travel fears, ColCapital's Private Equity Congress of The Pacific Alliance was at capacity attendance last week, taking place in Bogotá's Club El Nogal.

During 2019, Invest in Bogota (IIB), the city of Bogotá's investment promotion agency, supported 48 greenfield Foreign Direct Investment projects, its highest number for a calendar year since its institution in 2006.

Global emerging market startup accelerator Seedstars has named its nine most promising startups from Latin Amercia in front of over 200 guests at Medellin’s Universidad Pontificia Bolivariana (UPB). These nine early stage companies will represent the region at the Seedstars...