Since the National Government resumed air traffic operations in September 2020, the National Civil Aeronautics agency has approved 32 international and 15 local routes for passenger transport. Most of the new international routes are for Central and North American destinations. Within Colombia, Cartagena and Santa Marta register the highest increase in new services.
In the week of April 3 to 9, 2021, energy demand rose by 14% compared to the same month last year, reported The Ministry of Mines and Energy of Colombia. Compared to the previous week, energy demand also increased by 2.2% to 198.2GWh per day on average.
Mining Company Minero announced its plan to issue $10 million bonds on the Colombian Stock Exchange Colombia (Bolsa de Valores de Colombia). In parallel, the company will also trade $25 million on the Toronto Stock Exchange. The future inflow of capital will be fully allocated to the Luna Roja project in Nicaragua, recently acquired by the company.
In February 2021, exports value from free zones decreased by 5.8% to $212.2 million, compared to the same month last year ($225.4 million), revealed the National Administrative Department of Statistics (Dane). Exports to Puerto Rico, Netherlands and India, registered the sharpest drop compared to February 2020.
Colombia’s government on Thursday formally proposed to Congress a $6.4 billion tax reform that would eliminate many deductions and increase duties on individuals and business. The measure seeks to boost tax collection by $6.38 billion (Co$23.4 trillion) a year, equivalent to 2% of gross domestic product.