Peso strengthens below 2,200
The Colombian peso gained 1% against the dollar Wednesday morning, while the IGBC stock index climbed 1.5% in early trading amid appetite for Colombian assets. The Colombian peso traded at…
The Colombian peso gained 1% against the dollar Wednesday morning, while the IGBC stock index climbed 1.5% in early trading amid appetite for Colombian assets. The Colombian peso traded at…
Banana workers in the north west of Colombia ended their strike after reaching a deal with employers on workers’ wages. Around 17,000 banana plantation workers started the strike on May…
The Colombian government created a new website to draw foreign investors to the country. The Joomla-based website, investincolombia.com.co, is set up by Proexport, a government agency that seeks to increase…
A Dutch court rejected oil company Llanos Oil’s request to seize the home of the Colombian ambassador to the Hague, local media report. The oil company demands 7 billion euros…
Colombia’s industrial production, excluding coffee processing, expanded 0.4% in March from the same month in 2008, the first rise since August last year when industrial production started contracting. A total…
Banana farm workers in Colombia’s key growing region continue to strike over pay and benefits. Banana companies, union leaders and representatives of the national government did not find an agreement…
The World Bank has become a crucial source of funding for Colombia as the global financial crisis makes covering the country’s fiscal deficit more challenging. The Washington-based multilateral lender plans…
Colombian state-controlled oil company Ecopetrol SA booked a net profit of 1.61 trillion Colombian pesos ($715 million) in the first quarter, 30% less than in the same period in 2008…
Colombia’s state-controlled oil company Ecopetrol ECO.CN could spend up to $10 billion to purchase overseas assets over the next six years, a senior executive said on Tuesday. “We have budgeted…