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Colombia signs peace deal with FARC

15 noviembre 2016 / Colombia

Colombia's government and the FARC rebel group signed a revised peace accord Saturday after years of negotiations and a half a century of conflict.  Colombian President Juan Manuel Santos announced the new deal in a TV address Saturday evening, saying it will build a "broader, deeper...

UK and Colombia sign double taxation agreement

11 noviembre 2016 / Colombia

  The double taxation agreement will support greater trade, investment and tax cooperation between the two countries.   The governments of the United Kingdom and Colombia have today (Wednesday 2 November) signed a double taxation agreement (DTA). The agreement was signed by the Financial Secretary to the Treasury, Jane...

Colombia’s Peace can Lead to Inclusive Economic Growth

27 septiembre 2016 / Colombia

Peace is within Colombia’s grasp. Bringing an end to an armed conflict that has gripped the country for over 50 years and affected the lives of three generations, is more than just good news for Colombians. An enduring peace will form the solid ground for...

Positive bias in 3Q15 GDP growth in Colombia

20 octubre 2015 / Colombia

  The industrial recovery seems to have started in Colombia as retail sales grew above expectations and the negative effects on industrial production of Ecopetrol’s refinery are over. On the other hand, Brazilian economic activity contracted 0.8% MoM in August, reinforcing the view that GDP will...

Colombia GDP grew 3% in second quarter, exceeding forecasts

19 octubre 2015 / Colombia

  2Q growth led by 8.7% expansion in construction sector Growth outpacing most other major Latin American economies   Colombia’s economy expanded more than expected in the second quarter, as a boom in the construction industry prevented a deeper slowdown in the broader economy amid falling commodities prices. Gross domestic...

Santos’ 2015 stimulus plan for Colombia: creating jobs and homes

16 junio 2015 / Colombia

Colombian President Juan Manuel Santos has been introducing elements of another large stimulus program to curb a slowing economic growth and high unemployment. The so-called “PIPE-2″ program, or “Promotion Plan for Production and Employment,” follows the launch of the first PIPE program two years ago, and...

Colombia’s unemployment rate dropped to 9.1% in 2014: Govt

16 marzo 2015 / Colombia

Colombia’s unemployment rate was 9.1% in 2014, the lowest annual average for 14 years, according to the Colombian statistics agency DANE.  The unemployment figure for 2014 dropped some 0.5 percentage points from 2013, when an average unemployment rate of 9.6% was recorded, according to DANE. DANE released the annual bulletin on Thursday...

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