There were 28 results found for Colombia and Retail

There were 28 results found.

Overview

Colombia's exposure to international markets drives improved productivity and cost cuts
OBG
plus

Industrial growth has given Colombia a strong internal mechanism for development and an effective way to supply internal demand. Despite its importance in the 1980s and 1990s, when civil conflict and insecurity kept international investors away, the sector has been losing ground as a component of GDP. The opening of the Colombian economy to international trade and a growing number of trade…

Analysis

Retail expands in Colombia as disposible incomes rise and poverty rates decrease
OBG
plus

Growth of the economy has translated into an expansion of disposable income for some segments of the Colombian population. Consequently, the retail sector has been developing at an unprecedented speed. This has led to an expansion of the fast-moving consumer goods (FMCGs) segment and a vast increase in modern retail space across the country. Not only has the retail sector been buoyed by new…

Economic News

Comerciantes en Colombia confían en una recuperación
OBG
plus

In English La ralentización del crecimiento económico y la incertidumbre que afrontan los consumidores son factores que pueden frenar el gasto en el sector retail de Colombia este año. De todas maneras, se espera que fortalezas subyacentes de la economía, el incremento de los ingresos y la ampliación de la clase media apuntalen el la expansión en el medio y largo plazo. Es poco probable que…

Economic News

Indicios de recuperación en el sector minorista de Colombia
OBG
plus

In EnglishDespués de un decepcionante nivel de crecimiento en 2013, el sector minorista de Colombia se ha recuperado con un mayor número de ventas en los siete primeros meses del año, reflejando un aumento de la confianza de los consumidores.Según el Departamento Nacional de Estadísticas (DANE), las ventas al por menor subieron un 6,9% en los siete primeros meses de 2014 con respecto al año anterior.…

Analysis

Construction materials are set to benefit from infrastructure and housing projects
OBG
plus

With road and residential construction thriving, Colombia’s construction materials industries appeared poised for steady growth in the medium term. Materials produced domestically include cement, steel, PVC, brick and several raw resources including gravel, sand and metallurgical coal. All of these sectors stand to benefit from large-scale government infrastructure projects and subsidy programmes.…

Analysis

Increased purchasing power and consumer confidence are supporting a shift in shopping habits
OBG
plus

As a new Colombian middle class emerges, retail is beginning to modernise to meet the needs of a wealthier consumer base. Big Latin American retailers, sometimes called multilatinas, are introducing their brands to the country, and malls have been opening frequently, at a rate of one every 23 days in 2013, according to the National Retail Federation (Federación Nacional de Comerciantes, Fenalco).…

Overview

Manufacturing turns to foreign trade and new markets to adapt to a changing environment
OBG
plus

It has been a goal of successive Colombian governments to diversify the economy by developing the manufacturing sector. To a certain extent, this endeavour has been successful. Colombia has a stable industrial base with a presence in a range of industries from processed foods to petrochemicals. Some of these sectors have sustained robust growth during the past decade and have developed export channels…

Analysis

Investors enjoy preferential treatment at free economic zones
OBG
plus

Free economic zones (FEZs) have been an important draw for both domestic and foreign investment in Colombia in recent years. Companies operating in these zones enjoy preferential tax and Customs treatment in exchange for compliance with minimum investment and employment requirements. Overseen by the National Tax and Customs Directorate (Dirección de Impuestos y Aduanas Nacionale, DIAN), part of the…

Analysis

Production and exports of cosmetics are growing in tandem
OBG
plus

One of the most successful sectors under the Productive Transformation Programme (Programa de Transformación Productiva, PTP) is cosmetics, which has drawn in foreign direct investment from numerous multinationals, has grown faster than the economy at large and has transitioned from being a net importer to a net exporter in the past 15 years. Productivity & Domestic Sales Cosmetics manufacturing…

Interview

OBG talks to José Alberto Vélez Cadavid, President, Grupo Argos
OBG
plus

Interview:José Alberto Vélez Cadavid Can the construction sector cope with the latest infrastructure concessions? JOSE ALBERTO VÉLEZ CADAVID: We believe we can cope. On the one hand, we are very satisfied with how the Colombian government has structured key projects in such a diligent and detailed way. On the other hand, Colombian engineering firms have experience abroad in construction…

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There were 28 results found for Colombia and Retail

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