The thorn in Ecopetrol’s side

[caption id="attachment_13709" align="aligncenter" width="960"] The Reficar plant was supposed to be the largest in Latin America when finished, but...

In defence of privatising Isagen

Mike Mackenna explains why the government’s decision to fully privatise the well-managed, profitable energy company Isagen was their least bad...

Business Briefs

Brookfield buys controlling stake in Colombian power generator, Isagen The long running saga of the auction of Medellín-based power generator,...

Festive Forecasts

Olly West looks at Colombian business forecasts as the country adjusts to the new reality of lower oil prices. We also ask members of the business...

Business Briefs: Sugar, beer, coffee and the Peso

No sugar coating Authorities have fined Colombian sugar producers over COP$320 billion (USD$110 million) for anti-competitive practices. The head of...

Business Briefs

Economy On August 11, Colombia’s largest lender Bancolombia cut its GDP forecast for 2015 from 3.4% to 3.1% and from 3.7% to 3.1% for 2016, saying...

Guide to the ups and downs of the Colombian peso

For all those worrying about how far their pesos may stretch abroad, Olly West analyses the rapidly depreciating Colombian peso, and looks at which...

Peso falls off a cliff – and just keeps falling

The Colombian peso has been in free fall since July 2014. After largely staying within a range of COP$1,800-COP$2,000 to the US dollar since 2009,...

Business briefs

Colombia deficit could hit 5.8% Colombia’s growing current account gap is a cause for considerable concern according to Bloomberg. The country’s...

Business briefs

GDP beats low expectations Colombia’s GDP grew 2.8 percent in the first quarter of 2015, the lowest growth in two and a half years, but better...