Colombia to invest $66M in tourism
Colombian President Juan Manuel Santos on Monday announced a $66 million investment in the tourism sector, and said that the industry’s growth had stagnated because of security issues. The money…
Colombian President Juan Manuel Santos on Monday announced a $66 million investment in the tourism sector, and said that the industry’s growth had stagnated because of security issues. The money…
Colombia is one of the CIVETS, a set of six developing nations in which investors see particularly interesting potential. To meet this potential, Colombia’s priority should be the establishment of…
Oil production and exploration continues to expand in Colombia, with companies planning to open 110 new exploratory wells this year. According to Portafolio, several companies are requesting permits to explore…
Colombia’s former Foreign Minister Jaime Bermudez has been appointed president of the Colombian branch of investment bank MBA Lazard, the bank announced Tuesday. “Jaime’s appointment at MBA Lazard offers great…
Those who have discovered Colombia and are considering living or investing in the country should take a number of things into account before taking the big leap. Doing so will…
Foreign direct investment in Colombia reached $6.4 billion in the first eight months of 2010, a 19.7% rise compared to the same period last year. According to financial newspaper Portafolio,…
Colombia’s largest holding company, Grupo de Inversiones Suramericana SA is likely to book a net profit close to 500 billion Colombian pesos ($279 million), boosted by its insurance business and…
Moody’s Investors Service moved toward a possible investment-grade upgrade on Colombia, as it lifted the nation’s outlook to positive on improved prospects for structural fiscal consolidation as a result of…
Colombia’s Caribbean city of Santa Marta has “enormous potential” to become a top tourism destination, the director of the port of Miami told local newspaper El Informador. “Santa Marta has…