Moody’s Investors Service Tuesday raised Colombia’s sovereign-debt rating into investment-grade territory, citing the country’s improving security picture and timely debt payments. Violence caused by guerrilla soldiers and organized crime has…
Colombian airline Aires is to begin operations under the new name of LAN Colombia at the end of 2011, announced the general director of parent company LAN Chile. Director Ignacio…
Colombia’s biggest bank, Bancolombia, said the money from a recent bonds issue will be invested in international operations. In an interview with newspaper El Colombiano, Bancolombia president Carlos Raul Yepes…
Of the 24 “most entrepreneur-friendly nations,” Colombia has “the least well-developed culture of innovation and entrepreneurship”, the BBC World Service concluded Wednesday after a study among more than 24,000 citizens…
The creation of Foreign-Trade zones in Colombia has not generated the promised investment and jobs, a report written for Colombia’s central bank concludes. The report “Foreign-Trade zones in Colombia: benefits…
Colombia’s transport minister has announced that the government and private businesses will invest a total of $18 billion in upgrading the country’s transport infrastructure over the next four years. Minister…
The Colombian government may work to curb the strong peso by delaying plans to repatriate the entirety of a $1.5 billion account held abroad, Bloomberg reported Wednesday. Finance Minister Juan…
The Commerce, Industry and Tourism Minister met Portuguese entrepreneurs encouraging them to invest in Colombia, highlighting the country’s business opportunities and prospects for growth, El Espectador reported Friday. Minister Sergio…
Colombia’s finance minister is to meet representatives of credit ratings agencies in the United States on Monday to present Colombia’s recent economic performance in the hope of attaining an investment…