Breaking the fiscal rule without extraordinary cause may risk overspending, mounting debt, and a blow to Colombia’s economic credibility.

The Medellín Secretariat of Tourism and Entertainment participated in the annual United States Tour Operators Association (USTOA) Conference and Marketplace, held through Friday at the Gaylord ...

Being able to enjoy job stability is a benefit that many in Colombia lack, as many workers who, even working day after day, do not know what it is to have the right to enjoy a pension, decent salary, ...

About the Author Loren Moss is the founder and publisher of Finance Colombia. He has over 20 years of international business experience, including over a decade of experience in securities, insurance, ...

Fitch Ratings has revised the outlooks on Colombian Corporates’ Foreign Currency (FC) and Local Currency (LC) Issuer Default Ratings (IDR) to negative. The action followed the recent revision of ...

In an effort to simplify how business is conducted (and taxes are assessed), many national governments enter into legal agreements designed to clarify the law and mitigate double taxation. The ...

Colombia saw an 8.5% increase in the number of non-resident visitors in the first half of 2024 compared to the same period last year. The main destinations were Bogotá, Antioquia (including Medellín), ...

A small plane flying to Medellín with 10 people on board crashed in a remote area of Antioquia.

The Mayor’s Office of Medellín has publicly reiterated its offer to provide logistical and human resource support to the national government to alleviate severe delays in immigration processing at ...

Avianca has announced its intent to expand operations between Florida and Latin America, unveiling plans for four new routes and a new destination: a direct flight between Tampa and Bogotá. The ...

On Friday, September 19, the Medellín civic security secretary announced that a 25-year-old armed thug was captured after robbing a North American tourist of diamond-studded gold chains and a Rolex ...

In December 2024, the Colombian government announced an increase to the minimum wage for 2025. The new monthly minimum wage has been set at COP $1,423,500, excluding the transportation subsidy. With ...