Sunday, February 28, 2021

Colombia Passes Tax Bill That Fitch Said Will Worsen Fiscal Position

Colombia’s congress approved a bill that cuts taxes on companies while raising them on rich individuals, and which Fitch Ratings said makes it harder...

Colombia’s central bank holds key lending rate at 4.25%

Reuters) - Colombia’s central bank on Friday unanimously held its benchmark interest rate at 4.25% yet again, a rate the bank chief said could...

Why Latin America Should Go All In On The Sharing Economy

(Bogota, Colombia) While we tend to think of the so-called sharing economy as a new concept — a product of the fourth industrial revolution...

Uber pulls $40 million Colombia investment

(Reuters) - Ride-hailing mobile application Uber said on Thursday it will not be basing a $40 million support and safety center in Colombia after...

State Council upholds Colombia’s ban on fracking

Frack or not to frack. Colombia’s top administrative court on Tuesday clarified that a moratorium on fracking it upheld last week does not prevent...

Colombia Seeks To Export Mango, Pitaya, Bell Peppers To US In Trade Talks

Colombia’s vice minister of foreign trade Laura Valdivieso Jiménez met this week with US undersecretary of commerce Gilbert Kaplan during his visit to Colombia...

“Orange Economy” Colombia and Japan Bilateral Trade

Representatives of Colombia and Japan have agreed to establish a permanent working group to advance common interests in trade, investment, and cooperation in the...

Colombia To Create Giant Government Holding Company of 19 State Owned Enterprises

Colombia’s Ministry of Finance and Public Credit (Hacienda) announced that by November, Colombia will restructure its ownership of almost two dozen government-owned companies into...

Colombia the Silicon Valley of Latin America?

Colombian President Ivan Duque was present in Cartagena on Thursday, September 5,  to give the opening address to Colombia’s largest and most important ICT...

“It’s Time For The Colombian Government to Dollarize”: Steve Hanke, Inflation Expert

“The Colombian peso is in trouble again. It’s time for the government to officially give up the peso and give Colombians what they want:...

Didi readies for battle with Uber in Colombia

Chinese ride-hailing giant Didi Chuxing has started recruiting drivers in Colombia's capital, Bogota, as it readies its Colombian roll out, setting the stage for...

PriceSmart Declares Dividend, Announces Expansion

PriceSmart declared a US$0.70 per share dividend at the company's 2019 annual meeting of stockholders held on January 30, 2019, in San Diego. A $0.35...

Colombia, The New Magnet for Investments in Latin America

Colombia is the new “El Dorado” – or “Golden” – for investors in Latin America due to its economic stability, political leadership and openness...

IMF says Colombian Economy ‘ At Turning Point’

“The Colombian economy is at a turning point, recovering from a combination of external and domestic shocks since 2014 that lowered growth and increased...

UK-Based United Insurance Brokers Launches Colombian Retail Operation

London-based re/insurance broker United Insurance Brokers (UIB) has launched a retail broking business in Colombia. The new company, UIB Seguros will be headed by...

Colombia Aims to Remove Three Zeros From Peso Bills

Colombian authorities want the face value of 500-peso coins to be slashed to 50 centavos, while the minimum wage would be reduced from 781,242...

Moody’s Affirms Baa2 Credit Rating for Colombia but Lowers Outlook to Negative

Big three credit rating agency Moody’s Investors Services today affirmed it Baa2 sovereign rating for Colombia but lowered its outlook from stable to negative. The...

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Ramirez refuses to obey possible nullification of presidential election candidacy

Conservative Party presidential candidate Marta Lucia Ramirez said Wednesday...

Ramirez refuses to obey possible nullification of presidential election candidacy

Conservative Party presidential candidate Marta Lucia Ramirez said Wednesday...

Ramirez refuses to obey possible nullification of presidential election candidacy

Conservative Party presidential candidate Marta Lucia Ramirez said Wednesday...