The Colombian benchmark IGBC stock index rose on Tuesday lifted by shares of state-controlled oil company Ecopetrol SA, which were boosted by oil prices.
Economy
Colombian peso debt rises again
Colombia’s peso bonds rose, erasing an earlier decline, after the central bank signaled it will further cut the benchmark interest rate as slowing economic growth eases inflation pressures.
Last Updated ( Monday, 05 January 2009 14:54 )
Read more...Central Bank signals more rate cuts as growth and inflation slow
Colombia’s central bank board said slowing economic growth and internal demand may lead it to cut lending rates further as long as inflation doesn’t spike.
Last Updated ( Monday, 05 January 2009 14:54 )
Read more...Colombian peso debt falls on CPI report
Colombia’s peso bonds dropped after a government report showed consumer prices rose more than forecast last month led by an increase in food costs.
Government, opposition and unions clash over minimum wage
Colombia's unions disagree with the government's 35 thousand peso (US$17) raise of the country's minimum wage. They say the government never wanted to talk to the unions and faked a dialogue to charm U.S. congress.
Last Updated ( Saturday, 03 January 2009 13:49 )
Read more...
More Articles...
- OAS to continue monitoring peace process
- Governmet freezes fuel prices
- Peso weakens 1.6% to U.S. dollar
- Wholesale food prices up 0.52%
- Colombia eyes Starbucks share deal next year
- Colombian GDP grows 3.1% in 3rd quarter
- Central Bank cuts rate by half point
- Government asks Central Bank to please cut rates
- Ecopetrol sees 457,000 bpd output in '09
- World Bank urges Obama to approve NAFTA
- Central Bank director disagreed with rate increases
- Ecopetrol books US$ 5 billion profit
- Watchdog says no to AngloGold project
- EU skips import tax for Colombia
- Rice to Panamá to meet Colombia and other US trade partners in Panamá
- Colombian-Spanish-Mexican consortium to build Colombia's biggest tunnel
- IDB extends US$650 million development loan to Colombia
- November producer prices fall 0.03%
- November inflation 0.28 percent
- Colombia to have 100,000 peso bill
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