Minimum wage

Minimum wage sees 5.9% increase

The government has set the minimum monthly salary at COP$781,242 for 2018 – up 5.9% (COP$43,525) from last year. The figure is a key benchmark for a number of financial elements: not only does it impact the wages of all public workers and some private ones, it also affects costs of everything from public transport to service fees and various fines. Private companies are not obliged to follow the salary rise, though many do.

The Bogotá Post presents its 2020 LatAm HealthTech Leaders

Since Latin America’s first confirmed case of COVID-19 appeared in Brazil on February 26, the official number...
Colombian economy

IMF says Colombian economy ‘at turning point’

Following their annual visit, the IMF says the Colombian economy is 'at turning point,' highlighting the need to improve infrastructure, address informality in the labour force and reduce barriers to international trade.
Colombian tourism

Colombia: open door policy

The number of visitors to Colombia rose again in 2014, and the government has ambitious plans for continued tourism growth A sharp slump in oil...

How the town behind Colombia’s most iconic ‘sombrero’ can cash in...

A seller of sombreros in Tuchín looks at his handiwork. Photo by Jonathan Hernandez The sombrero vueltiao...

ÉPICO – it’s going to be epic

EPICO, which stands for Entrepreneurship, Product, Innovation, Community, and Outliers, is taking place in Bogotá this week.

Notes on a financial panic that never was

Last week there was quite a bit of noise regarding an ongoing campaign to boycott Grupo AVAL, the...

Bogotá reopening: What to expect if you’re going out for coffee

Restaurants and cafés are now allowed to open from Thursday to Sunday. Here are some pictures of a newly re-opened Chapinero.

Innovation and technology: Essentials for business resilience in Latin America

Survey respondents are cautiously optimistic about the region’s ability to bounce back.
urban regeneration

What can Bogotá learn from London’s post-war transformation?

As Colombia’s authorities focus on the domestic agenda, high quality, sustainable urban regeneration must sit close to the top of their priorities.