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Economy

Colombian peso hits 16-month low against dollar
May 22, 2013

Colombian peso hits 16-month low against dollar

posted by Adriaan Alsema

The Colombian peso on Wednesday hit a one-year low against the peso as government measures to lower the value of the currency seem effective.

Economy

Colombia to continue dollar purchases to keep peso ‘competitive’: Finance Minister
May 22, 2013

Colombia to continue dollar purchases to keep peso ‘competitive’: Finance Minister

posted by Wesley Tomaselli

Colombia will continue buying dollars in order to keep its currency competitive, said Finance Minister Mauricio Cardenas on Wednesday.

Economy

Colombia close to trade pact with Costa Rica
May 21, 2013

Colombia close to trade pact with Costa Rica

posted by Wesley Tomaselli

Colombia is set to sign a free trade agreement with Costa Rica, marking another step toward Colombia’s regional free trade policies with other Latin American and Pacific states.

Economy

Colombia’s return to old mining standards ‘threaten environment’: Activists
May 20, 2013

Colombia’s return to old mining standards ‘threaten environment’: Activists

posted by Wesley Tomaselli

A set of Colombia’s mining regulations from 2001 that are set to expire this month are causing concern about what a return to the old standards could mean for informal  Full Article »

Economy

Colombia among countries that best manage natural resources
May 16, 2013

Colombia among countries that best manage natural resources

posted by Adriaan Alsema

Colombia has made it to the top 10 of countries who manage their natural resources like oil and gas best, according to a recently released global ranking.

Economy

Excluding oil, Colombian exports to US rose 7% after FTA: Blank
May 15, 2013

Excluding oil, Colombian exports to US rose 7% after FTA: Blank

posted by Adriaan Alsema

When excluding oil, Colombian exports to the United States have gone up 7% since a free trade pact between the two countries came into power a year ago, acting U.S.  Full Article »

Economy

Colombia overtakes Mexico as Latin America’s 3rd largest FDI recipient
May 15, 2013

Colombia overtakes Mexico as Latin America’s 3rd largest FDI recipient

posted by Adriaan Alsema

Colombia has overtaken Mexico as the third largest recipient of foreign direct investment (FDI) in Latin America and the Caribbean, the United Nations said Tuesday.

Economy

Colombia’s congress ratifies Pacific Alliance framework pact
May 15, 2013

Colombia’s congress ratifies Pacific Alliance framework pact

posted by Adriaan Alsema

Colombia’s Congress on Tuesday ratified an agreement made with Mexico, Chile and Peru to form the Pacific Alliance, a trade bloc that seeks to strengthen economic integration of partners.

Economy

Colombia’s trade minister admits exports to US dropped after FTA
May 14, 2013

Colombia’s trade minister admits exports to US dropped after FTA

posted by Adriaan Alsema

Colombia’s trade minister on Tuesday admitted a free trade agreement with the United States, in force since exactly a year ago, did not result in the promised increase in exports  Full Article »

Economy

Asia’s budding taste for coffee changing Colombia’s market dynamics
May 13, 2013

Asia’s budding taste for coffee changing Colombia’s market dynamics

posted by Joey O'Gorman

Changing coffee trends, especially in Asia, should spell good news for Colombia’s coffee industry, according to the head of operations at the International Coffee Organization (ICO).

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