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Business

Colombia becomes Latin America’s best country for doing business
Oct 29, 2014 Ξ Comments are off

Colombia becomes Latin America’s best country for doing business

posted by Adriaan Alsema

Colombia is the best country in Latin America for doing business, the World Bank said Wednesday in its annual Doing Business report.

Business

Colombia wants to regulate gold market to curb organized crime
Oct 27, 2014 Ξ Comments

Colombia wants to regulate gold market to curb organized crime

posted by Adriaan Alsema

Colombia’s defense minister on Monday proposed that all gold must be sold to the country’s central bank to prevent illegal armed groups’ involvement in profitable illegal mining operations.

Business

Colombia tax evaders have $50B parked in tax havens: Minister
Oct 27, 2014 Ξ Comments are off

Colombia tax evaders have $50B parked in tax havens: Minister

posted by Craig Corbett

Colombia’s minister of finance stated this weekend that Colombians are hiding $50 billion abroad in an attempt to avoid paying taxes over their assets.

Business

Colombia increases oil exports to China and Mexico amid US slowdown
Oct 23, 2014 Ξ Comments

Colombia increases oil exports to China and Mexico amid US slowdown

posted by Samuel Moldovan

Compared to the first six months of 2013, the value of Colombian oil exports to China rose 61% and 262% to Mexico amid a global slowdown in crude prices and  Full Article »

Business

France rules out hosting Colombia peace talks
Oct 23, 2014 Ξ Comments

France rules out hosting Colombia peace talks

posted by Adriaan Alsema

France’s embassy in Colombia on Wednesday denied a claim by newspaper El Espectador the European country will host peace talks between the Colombian government and rebel group FARC currently held  Full Article »

Business

Colombia agrees to take Panama off tax haven list
Oct 22, 2014 Ξ Comments are off

Colombia agrees to take Panama off tax haven list

posted by Emil Foget

The Colombian government announced on Wednesday that Panama will again be removed from a list of tax havens after the neighbors reached agreement on Panamanian support to combat tax evasion in Colombia.

Business

Colombia has not fulfilled labor reform obligations: US congressman
Oct 21, 2014 Ξ Comments

Colombia has not fulfilled labor reform obligations: US congressman

posted by Adriaan Alsema

Colombia has yet to comply with a series of labor reforms that were required by US Congress to allow a bilateral free trade pact, US Congressman Jim McGovern (D-MA) said Tuesday.

Business

Colombia’s ‘Marshal Plan for Peace’ begins to take shape
Oct 21, 2014 Ξ Comments

Colombia’s ‘Marshal Plan for Peace’ begins to take shape

posted by Samuel Moldovan

Colombia’s courtship of foreign investment to finance its redevelopment after 50 years of civil war has begun to pay off as several European countries and organizations are committing funds to the effort.

Business

Colombia has complied with US trade pact labor reforms: Minister
Oct 21, 2014 Ξ Comments are off

Colombia has complied with US trade pact labor reforms: Minister

posted by Samuel Moldovan

Colombia has complied with a variety of labor reforms that were required by US Congress to allow a bilateral free trade pact, the South American country’s labor minister said in Washington.

Business

Colombian power company dives as Ecopetrol ponders selling stake
Oct 16, 2014 Ξ Comments are off

Colombian power company dives as Ecopetrol ponders selling stake

posted by Samuel Moldovan

Colombian power transmission company Interconexion Electrica SA ESP (ISA) fell almost 50% on fears that state-owned oil giant Ecopetrol might sell its $252 million stake in the company.

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