Colombia’s President Ivan Duque is struggling to present his government’s 2019 budget to Congress after multiple preliminary revenue proposals were struck down almost unanimously. Duque had initially said the government…
The economic impact of conflict, terrorism, homicides and sexual assaults in Colombia was over $275 billion, about a third of the country’s GDP. According to a report by the Institute for…
Delivery service app Rappi has come under fire in recent weeks as their riders demand better wages and rights. But in spite of receiving $392 million in funding, this startup unicorn still isn’t profitable.
Colombia’s transport minister reiterated Monday that taxi service Uber is illegal, but the law has been ignored both by customers, drivers and the government itself for years. Following a meeting…
Colombia’s President Duque has lost even the support of his own party over a controversial tax reform that sought to impose income tax on lower-income households and introduce a sales…
Colombia’s government doesn’t just want to impose an 18% sales tax on basic food products, but also on school books and newspapers. The controversial tax reform presented to Congress by…
The government of Colombia’s President Ivan Duque wants to raise income tax on the middle class and introduce sales tax on basic food products, and on Tuesday called this a…
Bancolombia, the bank that tops the list of firms that sought financial benefit through terrorism, has the best reputation of all corporations in Colombia, according to a study. According to…
Colombia’s Finance minister on Monday refuted claims that he abused his position for personal profit false, saying that he did not use a scheme to “defraud the authorities.” Alberto Carrasquilla…