Economy

Economy

Legitimate youth employment in Colombia scarce: report
May 27, 2015 Ξ 2 comments

Legitimate youth employment in Colombia scarce: report

posted by Talor Gruenwald

Youth employment in Colombia is most often characterized by poor working conditions, instability, low wages and lack of protections and rights according to a report released by the International Labor  Full Article »

Economy

Sale of Colombia energy giant Isagen suspended
May 25, 2015 Ξ Leave a comment

Sale of Colombia energy giant Isagen suspended

posted by Talor Gruenwald

Colombia has temporarily suspended the sale of the country’s third largest energy company, Isagen, to consider allegations that the sale would be a misuse of public resources.

Economy

China’s prime minister visits Colombia to strengthen trade ties
May 22, 2015 Ξ Leave a comment

China’s prime minister visits Colombia to strengthen trade ties

posted by Torkan Omari

China’s prime minister made his first visit to Colombia on Thursday to strengthen existing trade relationships between the two countries.

Economy

Colombia suspends over 500 mining projects over rights violations
May 21, 2015 Ξ Leave a comment

Colombia suspends over 500 mining projects over rights violations

posted by Talor Gruenwald

Colombia has temporarily suspended 516 mining operations, citing the possible adverse effects on ethnic communities as the cause.

Economy

Santo Domingo overtakes Sarmiento to top Colombia’s rich-list
May 15, 2015 Ξ Leave a comment

Santo Domingo overtakes Sarmiento to top Colombia’s rich-list

posted by Alice Bradshaw-Smith

Business mogul Alejandro Santo Domingo has overtaken banker Luis Carlos Sarmiento to become Colombia’s richest, according to Bloomberg ranking.

Economy

Colombia senate seeks ban on mining in water and nature reserves
May 7, 2015 Ξ Leave a comment

Colombia senate seeks ban on mining in water and nature reserves

posted by Matthew Dancis

Concerns over the legality of mining and fracking returned to Colombia’s Senate, as several Senators proposed that certain environmental reserves be protected from exploitation or exploration.

Economy

US fracking debate spills over into Colombia amid earthquake concerns
May 6, 2015 Ξ 3 comments

US fracking debate spills over into Colombia amid earthquake concerns

posted by Adriaan Alsema

In light of a statement by the Oklahoma Geological Survey (OGS) that links exist between hydraulic fracturing, commonly known as “fracking”, and earthquakes, some in Colombia have called for a  Full Article »

Economy

US businesses fear Colombia’s taxation proposals will increase tax burden
May 1, 2015 Ξ 7 comments

US businesses fear Colombia’s taxation proposals will increase tax burden

posted by Alice Bradshaw-Smith

US companies holding business in Colombia are concerned over the possibility of new taxes that could emerge from a reform currently being considered by a group of experts selected by the  Full Article »

Economy

Colombia peso back on the rise, dollar predicted to sink below COP2400
Apr 29, 2015 Ξ 2 comments

Colombia peso back on the rise, dollar predicted to sink below COP2400

posted by Alice Bradshaw-Smith

In sync with rising oil prices, Colombia’s peso has gradually regained value against the US dollar that could sink below COP2,400 in the coming days.

Economy

Work on controversial Colombia coal railway blocked by residents
Apr 27, 2015 Ξ Leave a comment

Work on controversial Colombia coal railway blocked by residents

posted by Reuters

Engineering work ordered by Colombia’s constitutional court that would allow the country’s main coal railway to operate at night was blocked by protesters shortly after the work got under way  Full Article »