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Colombian economy 36

Published in Colombian economy Written by July 05 2016 0

The latest report from Banco de la Republica -- Colombia’s national currency and banking regulator -- shows that foreign direct investment (FDI) in Colombian business sectors other than petroleum and mining has jumped 64% this year, to US$2 billion.

Published in Colombian economy Written by July 01 2016 0

A new study by Colombia’s Superintendencia de Sociedades (corporations oversight agency) finds that national flower exporters realized a big jump in profits in 2015 versus 2014.

Published in Colombian economy Written by April 19 2016 0

The latest quarterly report from Colombia’s currency regulator (Banco de la Republica) shows that foreign direct investment (FDI) in petroleum and mining in Colombia during first quarter (1Q) 2016 dropped sharply year-on-year (y-o-y), to US$1.2 billion, from US$3 billion in 1Q 2015.

Published in Colombian economy Written by April 13 2016 0

ProColombia – the national government agency promoting foreign trade – announced April 12 that Colombia rose to fifth place in the latest ranking of all 55 nations in the Americas in information technology (IT), software and business process outsourcing (BPO).

Published in Colombian economy Written by April 05 2016 0

Colombia’s Consejo Nacional de Operacion (CNO) – the national advisory body on electric power supply – on April 4 announced that voluntary power reductions by consumers and industry apparently have diminished the threat of power rationing.

Published in Colombian economy Written by March 15 2016 0

Bancolombia – already Colombia’s biggest bank and now operating in 10 countries in Latin America – on March 9 reported a 21% year-on-year (y-o-y) jump in fourth quarter (4Q) 2015 net income, to COP656 billion (US$207.9 million).

Published in Colombian economy Written by February 18 2016 0

The latest annual “joint industrial opinion survey” (JIOS) organized by Medellin-based Andi (Colombia’s national industrial trade association) shows that Colombia’s industrial sector continued to grow in 2015 despite the global oil-price crash that has crippled its oil-dependent neighbors.

Published in Colombian economy Written by February 03 2016 0

Medellin-based XM -- Colombia’s free-market electric-power trading organization – announced February 2 that despite the “El Niño” drought phenomenon that has cut hydropower capacity, thermoelectric generators have more-than taken-up the slack.

Published in Colombian economy Written by January 29 2016 0

Some 500 million Colombian flowers are expected to be exported in the run-up to February 14 (Valentine’s Day) – most of which will go to the United States, according to Asocolflores, the Colombia trade association of flower producers.

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SILLETEROS PARADE 2016 by JOHN AND DONNA STORMZAND (click to enlarge)

MEDELLÍN PHOTOS by Gabriel Buitrago (click to enlarge)

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About Medellin Herald

Medellin Herald is a locally produced, English-language news and advisory service uniquely focused upon a more-mature audience of visitors, investors, conference and trade-show attendees, property buyers, expats, retirees, volunteers and nature lovers.

U.S. native Roberto Peckham, who founded Medellin Herald in 2015, has been residing in metro Medellin since 2005 and has traveled regularly and extensively throughout Colombia since 1981.

Medellin Herald welcomes your editorial contributions, comments and story-idea suggestions. Send us a message using the "contact" section.

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