Colombia raises key rate to 5.75% to tackle inflation
Colombia’s central bank raised its benchmark lending rate a quarter point on Friday to put the brakes on accelerating inflation and bolster credibility with investors who feel it should have…
Colombia’s central bank raised its benchmark lending rate a quarter point on Friday to put the brakes on accelerating inflation and bolster credibility with investors who feel it should have…
A peace deal with FARC rebels could triple foreign direct investment in Colombia and boost its potential economic growth from 4% to 5.9%, according to the government’s planning department DNP.
The United States announced the expansion of a temporary guest worker visa to include Colombian citizens starting on January 18, 2016.
The Colombian peso has depreciated more than most predicted and on Monday even dropped to a historic low: One dollar is now worth COP3,300.
President Juan Manuel Santos on Monday gave US transport company Uber six months to register as a formal company in Colombia or be banned from the South American country.
Colombia will create a holding company of state-owned businesses in a bid to increase transparency and as a step toward membership in the Organization for Economic Cooperation and Development (OECD),…
Colombia’s state-controlled oil producer Ecopetrol on Tuesday reported a 62.2% drop in quarterly profit due to the global plunge in oil prices and costs incurred because of rebel attacks.
The government presented a bill to Congress on Wednesday proposing that the debt ceiling be raised by $13 billion in order to finance social investment projects.
The Colombian government has put drastic measures in place to prevent potential energy blackouts caused by the affects of the pacific weather phenomenon, “El Niño,” and declining access to oil.