Economy

Within the framework of the forum 'The State of the Nation, the Challenges of Colombia in Times of Change, organized by EL TIEMPO, the Universidad del Rosario and the Konrad Adenauer Foundation Julián Domínguez the President of Confecámaras, Bruce Mac Master, President of ANDI, María Claudia Lacouture, executive director of Amcham-Aliadas, and Sandra Forero Ramírez, former president of Camacol, spoke about the country's economic challenges with Miguel Gómez, dean of the Faculty of Economics at the Universidad del Rosario. According to the president of the industrialists, Bruce Mac Master, there is pessimism about the growth of the Colombian economy this…

Given the skyrocketing cost of credit in the country, where banks are charging interest rates close to 23 percent effective per year only for home purchases, according to recent figures from the Financial Supervision, Bancolombia announced this Thursday that it established a maximum rate for this credit segment of 14.15 percent effective per year. And if the credit is subsidized by the National Government, the rate will be almost 10 percent in the first years.(Also read: New consumer loans have 'cost' banks $1.1 trillion more) Juan Carlos Mora, president of Bancolombia. The ad did Juan Carlos Mora, president of the…

This Wednesday The Coca-Cola Company, the world's leading beverage company, announced that Colombian Ángela María Zuluaga becomes Vice President and leader of the company's integrated communications area.Previously, Zuluaga served as VP of Communications, Public Affairs and Sustainability for Latin America, but with the restructuring of the team he assumes a new role. This Quindiana has been an inspiration to many, because without fear of telling her story, she has told publications such as 'Forbes' that she is the youngest of four siblings, the mother of two girls -one 7 and the other 13- and that she migrated to the United…

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