Economy

While more and more banks around the world seek state bailouts, Colombia’s largest bank voted on Monday to give shareholders a bigger share of last year’s record net profit, and…

Colombia’s peso fell near its lowest level in more than two years after the central bank last week cut its lending rate by an unexpected full percentage point.  Banco de…

The Colombian economy is not protected against effects of the global financial crisis like the Government and the International Monetary Fund (IMF) claim, economist and former director of Colombia’s Department…

Colombia’s central bank cut its benchmark interest rate for a third month as policy makers seek to spur lending and battle slumping economic growth.  Governor Jose Dario Uribe cut the…

Unemployment in Colombia rose to 14.2 percent in January, the country’s statistics agency announced Friday. The number of people without a job rose 2.5 percent in the past year and…

Colombia’s central bank may cut its benchmark interest rate for a third month as policy makers seek to spur bank lending to consumers and manufacturers to jumpstart a slumping economy. …

Colombia’s industrial production fell 3.5 percent last year compared with 2007 as the global economic slowdown hit demand hard in the sharpest fall since 1999, the government’s statistics agency said…

  Colombia’s peso led a rebound among most Latin American currencies, rising from its lowest since June 2006, as the price of oil gained on speculation the Organization of Petroleum…

Brazil’s state-run energy company Petrobras and General Electric Co. are interested in taking part in a $3 billion refinery upgrade project in Colombia, the country’s trade and industry minister said…