Colombian exporters want the country’s Central Bank to massively buy dollars as the seemingly unstoppable fall of the U.S. currency is hurting exports. On Thursday, one dollar was worth 1950…
A Colombian oil field, operated by state petroleum company Ecopetrol and Canada’s Pacific Rubiales Energy Corp, is estimated by the government to have 500 million barrels in reserves. If the…
Colombia’s largest retailer, Almacenes Exito, posted a net profit of 27.3 billion pesos ($13.8 million) in the first half of the year, down 39% from COP45.1 billion in the same…
The Colombia government posted a consolidated budget deficit of 1.27 trillion Colombian pesos ($644 million) or the equivalent to 0.2% of gross domestic product during the first quarter of the…
BBVA Colombia SA, the Colombian unit of Spain’s Banco Bilbao Vizcaya Argentaria (BBV), said its first-half net profit rose 18% to 203.5 billion Colombian pesos (US$103 million), the bank told…
Colombian Trade Minister Luis Guillermo Plata Wednesday urged the Venezuelan government’s currency administrator, Cadivi, to authorize payments worth $275 million to Colombian exporters. “We are talking about debts of more…
Canadian oil and gas producer Pacific Rubiales Energy Corp said its Rubiales oil pipeline in Colombia is 99.75 percent complete and line filling will begin in the first half of…
Colombian state-controlled utility Empresas Publicas de Medellin SA is tapping the international capital market for the first time with the sale of $500 million in 10-year bonds to be carried…
The Colombian stock market gained Friday, propelled by shares of state-controlled oil company Ecopetrol as investors rushed to buy Ecopetrol a day after the company sold $1.5 billion in international…
