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//Transportation
US dollars.
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Colombian Companies Fail to Recover VAT Leaving Money on the Table

Colombian companies miss millions in unclaimed VAT refunds, hindering business growth and efficiency.
Posted On February 18, 2025
, By Mano Chandra Dhas
truck paro camionero colombia
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What Jumps Out: Positive Inflation Data and Tricky Fuel Subsidy Conversations

Transport workers are going to represent a problem, as the government tries to move fuel prices to market levels.
Posted On February 12, 2024
, By Rupert Stebbings
JetSmart jet on the runway.
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Jetsmart Offers To Buy Viva, Further Disrupting Avianca-Viva Airline Merger Plan, Viva & Avianca Respond

A Jetsmart-Viva tieup could pose a serious threat to the Abra Group strategy of consolidating the South American airline market.
Posted On February 8, 2023
, By Loren Moss
Port of Cartagena (photo © Loren Moss)
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Benefitting From A Weak Peso, Colombia’s September Statistics Show A Booming Export Sector

Almost 40% of Colombia’s exports of non-mining goods were destined for Latin America and The Caribbean in September
Posted On November 8, 2022
, By Sonia Romero
Image by PublicDomainPictures from Pixabay
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Insurance Sector Says Property Damage From Colombia Unrest Exceeds $62 Million USD

The amount represents claims for 5,158 insured risks, including real estate, public transport, private goods, vehicles, and cargo. According to Fasecolda, insurers expect to pay $154.7 billion pesos on 1,850 private risks, and $60.7 billion on 347 public-sector risks.
Posted On August 26, 2021
, By Loren Moss
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Considering Doing Business In Colombia or Latin America?

Leverage the expertise & on-the-ground experience of the publishers of Finance Colombia. The publisher of Finance Colombia, Loren Moss, backed by an experienced multinational team of professionals stands ready to place our over 15 years of in-country experience at your...
Posted On December 29, 2019
, By Loren Moss
candle tragedy (Image credit: Pavlofox / Pixabay)
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At Least 13 Killed in Western Colombia After Crash of Bus Carrying Basketball Team

Multiple teenage players were killed in the accident as well as one three-year-old boy, according to Colombian newspaper El Tiempo.
Posted On December 10, 2018
, By Jared Wade
bogota metro transmilenio colombia bogotá elevated (Image credit: Bogotá Mayor's Office)
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Bogotá Secures $600 Million USD Line of Credit for Elevated Metro, Public Transportation Infrastructure

The bank says that "the elevated metro can help save up to $61 million USD in investments per kilometer and its operation will cost 28% less than an underground system."
Posted On August 1, 2018
, By Jared Wade
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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Inflation Falls to 3.14% in Colombia, Nearing Central Bank Target Rate

The consumer price index (IPC) rose by just 0.24% from February to March, putting the 12-month inflation rate at 3.14%, down from 3.37% in February.
Posted On April 7, 2018
, By Jared Wade
bogota metro transmilenio colombia bogotá elevated (Image credit: Bogotá Mayor's Office)
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Policymakers Race Against Time to Finalize $4.9 Billion USD Agreement to Fund Bogotá’s Metro

The Bogotá City Council and national government approved a 15 trillion pesos ($4.9 billion USD) agreement last week to co-fund the city’s long-awaited metro system, and the parties now have until November 11 to iron out the details before a law kicks in that would shelve the...
Posted On November 5, 2017
, By Andy East
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