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Colombia economy


Few industries have a bleaker outlook right now than tourism. But in Colombia, policymakers and business leaders are already thinking about how the industry can play a central role in the country’s economic recovery, regardless of the time. As the second most biodiverse country in the world, harnessing Colombia’s tourism potential will require tackling lingering …

BOGOTA (Reuters) – Women entrepreneurs play a “vital role” in Colombia’s economic development and its transition to peace, White House adviser Ivanka Trump said on a visit to Bogota on Tuesday. The daughter of US President Donald Trump attended a launch event for the Academy of Women Entrepreneurs (AWE), a US government-funded initiative to reduce …

Colombia’s national tourism office, ProColombia, shares its strategic approach to developing its events sector. [hr gap=”30″] Colombia, South America’s fourth largest economy, continues to grow according to the OECD. The country is expected to rebound to around 3% as lower interest rates, higher infrastructure spending, lower corporate taxes and higher oil prices all boost investment. …

In the past two years, coca production in Colombia has increased by 50%, and in areas where the drug is produced, killings of local political activists are escalating even more rapidly. Last year alone saw a 45% increase. The killings mostly occur in areas that were at war from 1964 to 2016, when FARC rebels …

How have low oil prices affected the Colombian economy? MA: While it is true that the Colombian economy has traditionally been strongly influenced by oil prices, in recent times the country has entered a period of diversification. Between 2013 and 2014, oil exports fell by almost 50%, from $ 60 billion per year to around …

The 52-year war between the Colombian government and FARC insurgents officially ended on Monday with the start of a ceasefire and the peace deal is seen as boosting tourism and investment, but neither as much nor as quickly as some would like. Capital Economics said the peace deal will boost the Colombian economy in the …

The Colombian economy has had a quiet year compared to its neighbors. Next to Venezuela’s financial mess and Peru’s gleaming outlook, Colombia has not made much noise in the world of international financial news. But that doesn’t mean the country has nothing to look forward to. After GDP growth of 4.5% in 2013, down from …