Economy

Colombian cotton growers want to sue U.S. agricultural company Monsanto for selling them a bad genetically engineered seed that caused damage to crops. According to the cotton growers, the seed…

The World Bank regional director announced that the global monetary organization will loan US$650 million to Colombia. US$300 million will be spent on governmental expansion programs in the financial sector,…

Colombia’s national government Monday asked Congress to put several labor reform projects on hold until more is known about the behavior of the global financial crisis. The 60 projects include…

A new corporation intended to support poor families in Colombia has been created during the Regional Summit on Microfinancing in the city of Cartagena de Indias. The bank will be…

Colombian authorities will supervise coffee imports to meet domestic coffee demand, Colombia’s coffee growers federation said Sunday. because of a drop in production, Colombia can not meet both domestic and…

Colombian inflation was a lower-than-expected 0.01 percent in May versus the 0.93 percent consumer price increase registered in the same month last year, the government’s statistics department DANE said on…

The Colombian peso weakened Wednesday after the central bank bought dollars on the foreign-exchange market to control the peso’s appreciation. The Colombian peso ended at COP2,086.70 on Wednesday from COP2,063…

The Colombian peso’s recent appreciation is a result of the good conditions abroad, though the government is concerned about its effect on exporters, Finance Minister Oscar Ivan Zuluaga said Tuesday.…

International investment in Colombia continues to grow, especially in the hotel infrastructure industry, according to the Latin Amercian President of the InterContinental Hotels Group Alvaro Diago. InterContinental opened a Holiday…