Grupo Carvajal earned $118M in 2011
Grupo Caravajal profits have risen 26% from 2010 with the figure for 2011 now standing at $118 million, Colombian media reported Tuesday. Sales revenue also increased by 5% to $1.8…
Grupo Caravajal profits have risen 26% from 2010 with the figure for 2011 now standing at $118 million, Colombian media reported Tuesday. Sales revenue also increased by 5% to $1.8…
Colombia’s Finance Minister said the “future is about being competitive,” indicating domestic producers and exporters should accept the pain of a strong peso, reported Reuters. At a meeting of the…
Colombia’s former finance minister and candidate for the World Bank presidency said he has a “real chance” of being elected. In an interview with CNN Global Exchange, Jose Antonio Ocampo…
Colombian exporters and producers have asked the government to take additional measures to keep the peso in check against the dollar. Javier Diaz, president of the National Association of Exporters,…
The board of Colombia’s central bank left the base interest rate unchanged at 5.25% Friday. It based its decision on several pieces of economic data, it said in a press…
Colombia’s President Juan Manuel Santos has predicted royalties of $5.2 billion for 2012, as the new system of oil and mining royalties takes effect. The head of state said “This…
Colombia is the seventh most unequal country in the world and second most unequal in Latin America, according to the country’s President Juan Manuel Santos and the World Bank. “This…
Colombia’s GDP increased 5.9% in 2011 compared to the previous year, according to government statistics agency DANE. The biggest increase was registered in mine and quarry exploitation, while the smallest…
Colombia’s Constitutional Court on Wednesday approved investment promotion and protection agreements with United Kingdom, China, and India. The bilateral agreement between the United Kingdom and Colombia was approved March 13. According…