Colombia’s state-run oil company Ecopetrol will begin off-shore oil exploration in the Caribbean for the first time in its history, the government announced. The announcement of the National Hydrocarbon Agency came…
The Organization for Economic Cooperation and Development (OECD) downgraded Colombia’s expected economic growth prospects in 2016 and 2017 in its semi-annual Global Economic Outlook released on Monday. The OECD, into which…
The Colombian ports of Cartagena and Buenaventura are Panama’s main competitors in terms of container terminals, the Panama Canal Authority, or ACP, administrator said Tuesday at a business forum. Both…
Colombia’s gross domestic product will grow between 1% and 3% in 2017, the central bank said in its quarterly inflation report on Friday, with 2% growth being most likely. The…
State corruption in Colombia costs annually $7.5 billion every year, almost 10% of the government’s 2017 budget, reported television network Caracol based on figures released by the Inspector General’s Office. This means that…
Colombian financial markets fell on Thursday, a day after the government sent a tax reform bill to Congress that left out key proposals anticipated by investors. The reform, seen as…
Colombia’s government on Wednesday presented to Congress a tax reform bill that seeks to raise billions of dollars in the coming years to make up for lost oil revenue and…
Following a number of scandals in which Colombia’s national authorities granted mining titles in precious nature reserves, the country’s Constitutional Court ruled that mayors have the authority to overrule Bogota. Last…
Colombia’s national government plans to within weeks shut down all operations of taxi service Uber that continues to operate in the country in spite of being banned over a tax and labor dispute.…