The number of coronavirus cases in Italy rose past 9,100 on Monday, prompting Prime Minister Giuseppe Conte to put the entire country on lockdown. Over the weekend, the government quarantined the northern region of Lombardy and 14 neighboring provinces. On Monday,...
Colcap, the main stock market indicator of the local market, fell more than 10% at one point in the day, so all trades were suspended for 30 minutes. The last time the BVC (Bolsa de Valores de Colombia in spanish)...
Private investment funds operating in Colombia have around $5 billion available to invest in projects in the Andean country, the investors’ guild president said Thursday. Private investment funds have managed around $16.8 billion in mainly infrastructure projects and real estate...
The company has been operating in Colombia since 2008 servicing a range of Colombia-based data centre infrastructure products and services from a local partner’s data centre. HostDime broke ground last week on its latest data centre facility in Bogotá. The...
The Ministry of Economy announced that it will organise a visit by a high-level official and commercial delegation to Mexico and Colombia from 24th to 27th February. The delegation will be headed by Sultan bin Saeed Al Mansouri, Minister of...
Colombian pays more for wine than most Latin Americans. The price shoots up as soon as a case reaches shore. Each time a shipment arrives, importers must submit at least eight forms to as many agencies. Officials can take...
Colombia’s finance minister lowered his country’s economic growth projection on Monday and admitted he had been overly optimistic about last year’s economic growth.The government’s 2020 budget prepared by Finance Minister Alberto Carrasquilla at the end of last year...
Colombia’s unemployment rate that has been increasing since 2015 accelerated and reached 10.5% in 2019, but some experts believe there is light at the end of the tunnel.The hike in unemployment followed a drop in global commodity prices...
Colombia’s inflation rose to 3.8% in 2019 driven largely by soaring price hikes of basic food products, according to statistics agency DANE.The increase in inflation was “good news,” DANE director Juan Daniel Oviedo told media on Friday, stressing...
Taxi app Uber is suing Colombia before an international arbitration committee, claiming that  a recent order to suspend its services is in violation of the free trade agreement with the United States. Colombia’s Superintendency for Industry and Commerce (SIC) ordered...

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