The U.S. Treasury Department Thursday announced it’s freezing the assets of alleged Medellin, Colombia-based drug trafficker Francisco Antonio Florez Upegui and more than a dozen other individuals and entitities thought…
Colombia’s export federation Analdex thinks exports this year will drop 10% compared to 2008, because of the global economic crisis and its effects on the United States, Venezuela and Ecuador.…
Private security firms are Colombia’s newest growth industry. The security industry earned more than the traditional sectors of banana and flower cultivation in 2008, according to a financial study released…
Colombia’s Banco Popular said on Monday it will sell $1.4 billion in peso-denominated bonds, taking advantage of high liquidity in local markets. The privately owned bank issued a statement announcing…
Poverty in Colombia is decreasing, the National Planning Department (NPD) announced Sunday. The Presidential financial advisory department will release an official report on poverty in the nation at the end…
Colombia posted a trade deficit of $106.4 million in April versus a surplus of $183 million in the same month last year, the government said on Friday. Colombian exports slumped…
Colombia’s foreign debt in March rose in absolute terms as a percentage of the country’s gross domestic product as the government and private companies borrowed more abroad. The central bank…
Government statistics agency DANE announced Tuesday that unemployment in Colombia reached 11.7 per cent in May, up 0.9% from the same month last year. In May 18.5 million Colombians were…
Colombian rice growers say their livelihood is in trouble, because of the poor condition of the road connecting the country’s eastern plains with Bogota and the delay in road works.…