The Open Society network of foundations, created by the philanthropist George Sorosannounced this Tuesday that it will make a social investment of 16 million dollars in Colombia focused on issues with climate justice and gender, among others. “During the pandemic we increased our investment due to the situation we had here, but now, this year, […]
Tag: Gustavo Petro
Nestlé announces US$100 million investment in Colombia
The company will be able to increase its production capacity, accelerate its digital transformation and guarantee operational sustainability in Colombia. nestle, the Swiss multinational food company, announced that between 2023 and 2026 it will invest US$100 million in Colombia, with which the company will be able to increase its production capacity, accelerate its digital transformation […]
Ecopetrol bonds fall after Bayón leaves the presidency
Bayón, who has held the position since 2017, leaves his post amid Colombian President Gustavo Petro’s push for the country to transition to renewable energy. His new Administration has reiterated its decision not to award new oil and gas exploration contracts. It will only allow existing contracts to continue. “Considering the quality of the management […]
Nestlé announces investment of 100 million dollars in Colombia
The Swiss multinational food company nestle announced this Friday that between this year and 2026 it will invest 100 million dollars in Colombiawith which the company will be able to increase its production capacity, accelerate its digital transformation and guarantee operational sustainability. The company said in a statement that it is the materialization of an […]
Lasso and Petro will meet in Tulcán to consolidate the Ecuador-Colombia relationship
The presidents of Ecuadorthe conservative William Lassoand of Colombiathe leftist Gustavo Petrowill meet next Tuesday in the Ecuadorian border city of Tulcán with the aim of consolidating the bilateral relationship, especially on the common border. This was announced this Friday by the General Secretariat of Communication of the Presidency in Quito through a statement that […]
Petro will assume control of regulation of public services in Colombia
The president of Colombia, Gustavo Petroannounced this Thursday that he will assume “directly and personally” the control of the policies of administration and control of the domiciliary public services, a decision that took “depending on the users”. “This president has decided not to delegate his functions to the public services regulation commissions, at least for […]
The US rules out creating a dialogue table for Peru, as requested by Colombia
USA will not promote a dialogue table to find a way out of the crisis in Peruas requested by the Colombian president Gustavo Petronor does it interfere in the affairs of the Andean country, the US ambassador said Thursday before the OAS. Peru is the scene of massive demonstrations calling for the resignation of President […]
Colombia plans to sell new dollar bonds and buy back debt
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The government will sell dollar-denominated debt due 2034 with a yield of 8%, according to a person familiar with the initial discussions, who asked not to be named because she is not authorized to discuss the matter. Part of the proceeds will be used to repurchase the country’s global bonds due next year, with coupons […]
Brazil seeks to promote Celac as a platform for Latin American integration
The VII Summit of Latin American and Caribbean States (CELAC) this Tuesday in Buenos Aires seeks to promote the integration of countries that are going through multiple political and economic crises, under the influence of the renewed drive of Brazil after the assumption of Luiz Inacio Lula da Silva. The meeting of this forum made […]
In Colombia, the future head of Taxes and Customs seeks to attract foreign investment
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The government of Gustavo Petro, who will take office next month, wants to level the playing field by eliminating tax benefits that have tended to be given to politically connected actors, he said. Luis Carlos Reyesnamed by Petro to lead the Directorate of National Taxes and Customs, DIAN. Instead, the Petro government wants to strengthen […]