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Clearing Skies: Moody’s Upgrades Colombia Outlook to Stable from Negative

10 July 2019 in Colombia

. Moody’s Investors Service yesterday changed the outlook on the Government of Colombia to stable from negative. Concurrently, Moody’s has affirmed Colombia’s long-term local and foreign-currency issuer, senior unsecured debt ratings and foreign-currency shelf senior unsecured ratings at Baa2. The short-term local and foreign-currency ratings were...

Colombia’s economy is powering up events

04 October 2018 in Colombia

Colombia’s national tourism board ProColombia shares its strategic approach to growing its events sector.   Colombia, South America’s fourth largest economy, is moving ahead with growth according to the OECD. The country is projected to pick up to about 3%, as lower interest rates, stronger infrastructure spending,...

Foreign Direct Investment in Colombia Grows Despite FDI Decline in LatAm

19 September 2018 in Colombia

A new report from the United Nations Economic Commission for Latin America and the Caribbean (CEPAL) finds that foreign direct investment (FDI) in Colombia grew by a relatively modest 0.5% year-on-year in 2017, whereas FDI in Latin America actually fell 3.6% region-wide.   According to the report...

Bogotá Recognized for Excellence in Social Innovation

03 September 2018 in Colombia

The government of Bogotá was honored by by the Inter-American Development Bank (IDB) for excellence in advancing innovative ideas in terms of citizen participation and digital citizenship. Specifically, the Colombian capital was given the Eduardo Campos Award in the regional development bank’s “Citizen Participation and Trust...

ECLAC Forecasts Colombian Economy to Grow by 2.7% in 2018

31 August 2018 in Colombia

The Colombian economy will make a significant recovery this year, finishing 2018 with a gross domestic product growth rate of 2.7%, according to the United Nations Economic Commission for Latin America and the Caribbean (ECLAC). In its comprehensive mid-year report on the state of the regional...

Colombia to be NATO’s first Latin American global partner

31 May 2018 in Colombia

Being part of the OECD and NATO improves the image of Colombia.   Colombia will next week formally join the North Atlantic Treaty Organization, making it the only Latin American nation in the alliance, President Juan Manuel Santos said late on Friday. Colombia will join as a “global...

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