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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).

Economy

Colombia’s consumer confidence to keep prices down: Central bank
May 13, 2013

Colombia’s consumer confidence to keep prices down: Central bank

posted by Joey O'Gorman

Colombia’s consumer prices will probably rise less than the projected target in 2013 because of weak internal demand, according to the country’s central bank.

Economy

Colombia’s exports to US drop 13% after FTA
May 13, 2013

Colombia’s exports to US drop 13% after FTA

posted by Adriaan Alsema

While the governments of Colombia and the U.S. celebrate the first anniversary of a free trade agreement between the countries, government statistics show there is little to celebrate for Colombian  Full Article »

Economy

Former Interbolsa president denies firm’s involvement in money laundering
May 10, 2013

Former Interbolsa president denies firm’s involvement in money laundering

posted by Wesley Tomaselli

The former head of Colombia’s Interbolsa — until recently Colombia’s largest brokerage firm — on Thursday denied accusations against the Colombian brokerage’s alleged involvement in money laundering.

Economy

Medellin approves controversial UNE, Millecom merger
May 10, 2013

Medellin approves controversial UNE, Millecom merger

posted by Wesley Tomaselli

Medellin’s city council on Thursday approved a controversial merger between local telecommunications company Une and Millecom from Sweden.

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