Economy

The colombian peso dollar exchange rate 2026 hit a decade high in July — what the falling TRM means for US expats budgeting in Medellín.

The cost of living has increased for expats in Medellín in 2026 — the exchange-rate, inflation, and wage data behind it.

Colombia's labor reform hits restaurants this July: a 90% Sunday surcharge and a 42-hour week are set to push Medellín menu prices up.

If you’ve been enjoying a coffee in Laureles or running a business in El Poblado lately, you’ve likely heard the buzz: Colombia just announced one of the most significant minimum wage increases in its

If you have a Bancolombia account, and tried using the app or visiting an ATM over the long weekend, you will have noticed that the application was slow or not responding. If you needed cash and went

Medellín Metro has revolutionized the daily commute for millions by offering free Wi-Fi across Lines A and B, empowering users with digital access and bridging the gap between socioeconomic strata in

Colombia’s Senate has revived hope for consumers and businesses alike by approving the return of the “Day without VAT,” a tax holiday aimed at stimulating the economy and making essential goods more a

Peru has recently made a decisive move against the illicit trade and theft of mobile devices, unveiling a law that mandates prison sentences ranging from 12 to 30 years for those caught in the act. Bu

The Directorate of Taxes and National Customs (Dian) is cracking down on non-compliance with electronic invoicing regulations in commercial establishments. The Dian is conducting operations to verify

Medellín, has become a preferred destination for national and foreign visitors. To further promote the arrival of more international tourists, the Colombian government grants foreign tourists the righ

Medellin, the second-largest city in Colombia, is renowned for its beautiful natural scenery, friendly people, and vibrant culture. It has become a popular tourist destination in recent years, attract

If you are planning to take a taxi in Medellin in 2023, be prepared to pay a bit more. The Secretaría de Movilidad de Medellín has announced that the taxi fare will increase by 500 pesos, starting aft

However optimistic you might be as a person, it’s clear to see that 2023 will be a year with its fair share of challenges for the average Colombian. We can expect to see increases in the price of prod