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Central Bank of Colombia Cuts Interest Rates by 0.25% to 12.75%

The Central Bank of Colombia's Board of Directors decided by a majority to cut the monetary policy interest rate by 0.25 percentage points, bringing...

Colombia and ELN Extend Truce

The Colombian government and the National Liberation Army (ELN) have reached an agreement to extend their ceasefire until February 5th. This decision, made in Havana,...

Colombia Fights Looming Downgrade from Emerging Market to Frontier Status

Colombian regulators and investors are actively working to bolster their stock market to maintain its emerging market status. The Colombian Stock Exchange, government, pension funds,...

Colombia’s 2024 Economic Forecast

Experts predict changes in Colombia's key economic indicators for 2024, showing improvement from 2023. These forecasts include growth and challenges for the nation's economy. The...

Colombia’s Economy: A Complex Picture

Recent data from Colombia's national statistics authority, DANE, reveals a complex economic situation. It shows the manufacturing industry and preliminary GDP indicators offer mixed signs...

Colombia’s Economic Revival Eases Recession Worries

Colombia's economy has seen a notable upturn, achieving its fastest growth in nine months this November. This surge, exceeding expectations, has reduced fears of an...

Fidel Hernández Assassination Shakes Colombia

At 66, Fidel Hernández, a prominent social leader in the Barrio Santa María community in Apartadó, Antioquia, tragically lost his life. He played a vital...

Perenco’s Compliance Hurdles in Colombian Operations

The Colombian National Authority for Environmental Licenses (ANLA) has taken action against Perenco Colombia Limited, an Anglo-French oil firm. ANLA initiated three separate sanction proceedings...

Colombia’s Top Trading Partners in 2023

In 2023, Colombia's international trade soared, selling goods worth $45.097 billion globally in 11 months despite a 13.7% dip from 2022. Leading the way, the...

Progress in Colombia’s Peace Talks with FARC Dissidents

Colombia's government, under President Gustavo Petro, has made significant progress in peace talks with the largest FARC dissident group, the Estado Mayor Central (EMC). These...

Colombian Stocks Face Downward Spiral Amid Global Gains

In 2023, the Colombian Stock Exchange (BVC) concluded with a notable downturn, evidenced by a 28% drop in the MSCI Colcap index over four...

Colombia’s Waning Dominance in Cocaine Market

Significant shifts are occurring in the cocaine market, with Colombia's dominance as the leading producer waning. A detailed study, based on leaked prosecution files highlights...

Colombia Boosts Financial Stability with Reserve Increase

Colombia's central bank is boosting its international reserves by $1.5 billion to ensure stable external liquidity and safeguard the nation's financial health. It aligns with...

Colombia’s ELN Halts Kidnappings

In a significant peace effort, Colombia's government announced the ELN's commitment to end kidnappings. This agreement emerged from the latest peace dialogues, aiming to resolve...

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