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Mar 18th
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Economy

January retail sales up 8.8% on year: DANE

January retail sales up 8.8% on year: DANE

Colombia's retail sales in January rose 8.8% year-on-year, according to official data released Thursday.

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IGBC stock index inches higher to new record

IGBC stock index inches higher to new record

Colombia's benchmark IGBC stock index edged up 0.2% to a new all-time record high of 12,066.36 points Thursday, led by Canada-listed oil firm Pacific Rubiales, which rose 1.26% to COP38,300.

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IGBC stock index closes above 12,000 for 1st time

IGBC stock index closes above 12,000 for 1st time

Colombia's benchmark IGBC rose 1.3% to 12,046.44 points, the first time it has ever closed above 12,000 points.

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Brazilian MPX plans to invest $1.9 billion in Colombia

Brazilian MPX plans to invest $1.9 billion in Colombia

Brazilian power company MPX Energia SA is planning to invest 3.4 billion Brazilian reals ($1.9 billion) over the next ten years to produce coal in Colombia, it said late Tuesday in a statement.

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January imports down 3.1%; imports from US slump

January imports down 3.1%; imports from US slump

Colombia imported $2.7 billion of goods and services in January, including freight and insurance costs, down 3.1% from January 2009, the country's national statistics agency, DANE, said Tuesday.

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Colombia leaves industrial recession

Colombia leaves industrial recession

Colombia's industrial recession has ended, according to new figures from a National Business Association survey.

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ETB shares fall as investor search continues

ETB shares fall as investor search continues

Colombia's state-run Empresa de Telecomunicaciones (ETB) saw its worst intra-day price in two weeks as its search for a partner continues.

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