Business News Colombia

  • BOGOTA, Nov 19- Colombia's main mining industry group said on Monday it was optimistic a new tax bill that includes a cut to corporate taxes will help attract more foreign investment, allowing companies to boost exploration and output in the coming years. "This law, which was a campaign promise, helps guarantee the competitiveness of the industry that competes in...

  • BOGOTA, Nov 16- A Colombian investigation into the death of Jorge Enrique Pizano, a key witness at the center of a corruption probe involving Brazilian construction firm Odebrecht, found that he died of a heart attack, the chief coroner said on Friday. The attorney general's office on Tuesday had ordered a probe into Pizano's Nov. 9 death on fears of foul play after...

  • BOGOTA, Nov 16- Private oil producers in Colombia said on Friday they are optimistic about promises by President Ivan Duque to improve security and bolster the sector. "We're seeing progress- we have all the confidence in the world in the administration," said Occidental Petroleum chief executive Vicki Hollub, on the sidelines of an oil and gas conference in...

  • BOGOTA, Nov 9- A tax overhaul bill proposed by Colombia's government could push up consumer prices, moving inflation above its target level and leading the central bank to raise interest rates sooner and more sharply than previously expected, analysts said on Friday. The bill, presented to Congress last week, aims to raise 14 trillion pesos to finance spending...

  • BOGOTA, Oct 31- Colombian President Ivan Duque's administration presented a tax bill to Congress on Wednesday that aims to raise 14 trillion pesos to finance next year's budget, including higher taxes on the middle class and lower duties on businesses. Finance Minister Alberto Carrasquilla may have a tough time clinching legislative approval for the bill-...

  • BOGOTA, Sept 28- Colombia's central bank will gradually accumulate international reserves through a series of auctions beginning Oct. 1, the bank said on Friday.

  • MONDAY, SEPTEMBER 24 BANGKOK, Thailand- Bank of Thailand Governor Veerathai Santiprabhob speaks at a two-day BOT symposium 2018: The future of money, finance, and central banking- 0200 GMT. BRATISLAVA- Slovakia Central Bank Governor Jozef Makuch holds a news conference 1100 GMT. PRAGUE- Czech National Bank holds monetary policy meeting.

  • Sept 20- Canadian miner Continental Gold said on Thursday three of its geologists were killed in Colombia's northern Antioquia province in an armed attack attributed to dissident members of a former rebel group. The incident took place in the town of Ochali in the municipality of Yaramul, Antioquia, which is located within the boundaries of Continental's...

  • Facebook reportedly testing new dating feature with safeguards to prevent stalking and encourage meaningful connections. The country-wide test is running in Colombia.

  • Sept 20- Canadian miner Continental Gold said on Thursday three of its geologists were killed in northern Antioquia province in Colombia in an armed attack. The incident took place in the village of Ochali in the municipality of Yaramul, Antioquia, which is located within the boundaries of Continental's Berlin project, the company said in a statement.

  • BOGOTA, Sept 18- Colombia will reach its growth potential of 3.5 percent next year as the economy fully recovers but will remain vulnerable to global trade pressures, new central bank board member Carolina Soto said. I think we'll grow a minimum of 3.5 percent, if not more, pushed by mining, energy and construction, "Soto said in her Bogota office.

  • BRASILIA, Sept 6- Brazil's and Argentina's currencies should recover from a sell-off to multi-year lows, the latest Reuters poll showed, but forecasters have grown much more tentative due to rampant volatility. The Brazilian real is set to strengthen 9.6 percent to 3.79 to the dollar in 12 months, according to the median of 30 estimates from economists and...

  • BUENOS AIRES- Central Bank of Argentina releases monetary policy statement WARSAW- National Bank of Poland holds monetary policy council meeting. BUDAPEST- Hungarian Central Bank holds its rate-setting meeting- 1200 GMT. SYDNEY- Reserve Bank of Australia will release the minutes of August monetary policy meeting 0130 GMT.

  • **MANILA, Philippines- Philippines central bank Governor Nestor Espenilla Jr. at an economic forum 0130 GMT. **JOHANNESBURG, South Africa- South African Reserve Bank Governor Lesetja Kganyago addresses learners- 1030 GMT BOGOTA- Colombia's new president Ivan Duque, as well as members of his cabinet, central bank board members and business leaders will attend a...

  • TUESDAY, AUGUST 14 JAKARTA- Indonesia Central Bank holds Board of Governors meeting. **SYDNEY- Appearance by Reserve Bank of Australia Governor Philip Lowe before the House of Representatives' Standing Committee on Economics- 2330 GMT. SYDNEY- Panel participation by Sarah Harris, deputy head of Payments Policy Department at Reserve Bank of Australia, at the Risk...

  • BELGRADE- National Bank of Serbia interest rate decision- 1000 GMT. FRIDAY, AUGUST 10 PRAGUE- Czech National Bank will release the minutes of its August 2018 monetary policy meeting- 0700 GMT. SYDNEY- Reserve Bank of Australia issues statement on Monetary Policy 0130 GMT.

  • MEXICO CITY, Aug 1- Mexico City's first woman mayor plans to significantly improve air quality in the smoggy capital, one of the world's largest cities, by consulting with car manufacturers on a plan for stricter emissions standards, she said in an interview. The number of vehicles in Mexico almost doubled between 2006 and 2016, and autos are now the leading...

  • MEXICO CITY, July 31- Dozens of people were injured when a packed Aeromexico-operated Embraer jet crashed right after takeoff in Mexico's state of Durango on Tuesday, but authorities said most were not seriously hurt and there were no fatalities. Passenger Jackeline Flores told reporters the plane crashed shortly after taking off in heavy rain.

  • MEXICO CITY, July 31- Dozens of people were injured when a packed Aeromexico-operated Embraer jet crashed right after takeoff in Mexico's state of Durango on Tuesday, but authorities said most were not seriously hurt and there were no fatalities. Passenger Jackeline Flores told reporters the plane came down in heavy rain. "A little girl who left the plane was...

  • **BUENOS AIRES- IMF chief Christine Lagarde and Argentina's economy minister, Nicolas Dujovne, hold joint news conference in Buenos Aires. **BUENOS AIRES- Mexican Finance Minister Jose Antonio Gonzalez Anaya travels to Argentina for the 2018 G20 Buenos Aires summit during which finance ministers and central bank governors will set an agenda on global growth,...