Colombia · Country watch

Alicorp Expands in Cali, Fiscal Rescue Law Backed

Alicorp acquires Rama to enhance its regional presence, while Colombia's fiscal rescue law gains IMF support.

Florent Kalfon · 2 November 2026 · 6 articles read

The picture Stable How this is judged →

Business conditions in Colombia remain stable as Alicorp's expansion in Cali and IMF support for the fiscal rescue law balance out. These developments indicate ongoing economic adjustments and opportunities in the region.

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In this briefing Alicorp · Rama · Flora Food Group · Julie Kozack · International Monetary Fund · Government of Colombia · Mauricio Gómez Amín · Fontur

Companies

Retail
Manufacturing

Alicorp acquires Rama, sets up in Cali for growth

Alicorp, the Peruvian multinational, has acquired the brand Rama and 18 other brands in a deal exceeding $150 million, according to La República. The acquisition includes a production plant in Cali, which will serve as a regional hub to supply Colombia, Ecuador, Peru, and Panama. This move strengthens Alicorp's presence in Latin America, positioning Cali as a strategic location for its operations.

Impact Retailers and manufacturers in Colombia and neighboring countries will see increased competition as Alicorp expands its regional operations.

Sources: La República ↗, Valora Analitik ↗, El Tiempo Economía ↗

Politics

Finance
Public sector

IMF supports Colombia's fiscal rescue law

The International Monetary Fund (IMF) has expressed support for Colombia's fiscal rescue law, which the government presented to Congress, El Tiempo Economía reports. Julie Kozack of the IMF noted that the initiative is a significant step towards addressing fiscal challenges and enhancing the country's financial sustainability. The law proposes measures to stabilize public finances and is part of broader efforts to strengthen economic resilience.

Impact Financial institutions and public-sector entities in Colombia will be affected by the fiscal measures aimed at stabilizing the economy.

Sources: El Tiempo Economía ↗

Tourism
Public sector

Minister reports irregularities in Fontur contracts

Mauricio Gómez Amín, Colombia's Minister of Commerce, Industry, and Tourism, has reported alleged irregularities in 148 contracts managed by the National Tourism Fund (Fontur), according to KienyKe. The minister highlighted concerns over contract management and transparency, prompting an investigation into the fund's operations. This scrutiny comes amid efforts to ensure accountability in public spending.

Impact Tourism operators and public-sector contractors may face increased oversight as the government investigates Fontur's contract management.

Sources: KienyKe ↗

Nothing significant reported today in Regulation · Disruption · Internal tension · Safety & health · Markets · Trade.

Also today in the local press

Alphabet está pagando para atraer compradores a la venta de bonos por valor de $6.000 millones de euros — La República
Anthropic registra ingresos de casi US$17.000 millones antes de histórica de la OPI — La República
Salario mínimo 2027: empresarios dan su proyección para el aumento, así quedaría — El Tiempo Economía
Papeles, convalidaciones y desconfianza: lo que frena el empleo formal de migrantes venezolanos en la frontera — Valora Analitik
La actividad manufacturera en EE.UU. se acelera a medida que aumenta la producción — La República
Ley de rescate fiscal plantea estabilidad tributaria por 16 años para nuevas inversiones — Valora Analitik
Gobierno De la Espriella buscará radical cambio a la licencia de conducción en Colombia: Se perdería por puntos — Valora Analitik
Ante el agravamiento de la crisis demográfica, Italia recorta parte del personal escolar — La República

Sources in this briefing

Sources: each headline links to the original article on the publisher's site.

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