Commerce
Lula signs measure to end 'blusinhas tax' on purchases up to US$50
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President Luiz Inácio Lula da Silva signed a provisional measure on Tuesday to zero the 20% federal tax on international purchases up to US$50. The decision, announced at the Planalto Palace, takes immediate effect after publication in the Official Gazette. State ICMS tax continues to apply.
The arrival of the mid-year service bonus boosts consumption but Colombians are choosing to finance purchases to preserve liquidity. Superfinanciera data shows only 35.5% access formal credit even though nine out of ten adults hold financial products.
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Colombia’s national team World Cup debut triggered a surge in transport and food delivery requests on platforms such as DiDi.
A Rappi study indicates that in-person food purchases generate hidden costs of up to 15,000 pesos per trip and a loss of between three and 4.5 hours per month compared to apps.
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The ninth edition of Bogotá Fashion Week will bring together 145 brands and designers from May 12 to 14 at Ágora Bogotá.
Unilever has confirmed a deal with Mercado Libre to bring brands such as Rexona, Axe, Dove and Pond's to the e-commerce platform in Colombia. The partnership responds to a 30% growth in Unilever's digital sales since 2023 and aims to ease access to mass consumer products. Both companies highlight logistical efficiency and shifting Colombian shopping habits.
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Spain's Alicante Provincial Court revoked precautionary measures granted to Frisby Colombia in the trademark dispute with Frisby España. Frisby España hails the ruling and plans to reopen restaurants, while Frisby Colombia maintains the legal process is ongoing. The parties disagree on the case's final status.
Senate passes bill allowing work on May 1 for bakers and florists
June 15, 2026 11:34La Lagunilla market prepares English menus for 2026 World Cup
June 11, 2026 23:17ASOBARES projects $656.806 million extra from World Cup
June 05, 2026 02:55Grupo Éxito announces senior management changes
June 03, 2026 06:55Fenalco reports only 32% of merchants saw higher sales in April
May 10, 2026 02:04PayPal and Google say crypto will power AI agent commerce
May 08, 2026 19:13Rappi processes 230,000 last-minute orders for Mother's Day
May 06, 2026 20:51Fenalco survey reveals higher spending for Mother's Day in Colombia
May 04, 2026 09:58Bogotá's GDP rises 4.6% in Q3 2025, topping national 3.6% growth
April 29, 2026 12:02Commercial confidence rises 0.2% in March as industrial falls, Fedesarrollo says