Economy

Colombia’s peso slid to its weakest since September 2006 as expectations that the central bank will lower interest rates today undermined demand for the currency.  The currency slid 0.8 percent…

Colombia is the best place to invest now that there is a global economic crisis, President Álvaro Uribe said Friday at a presentation of his country at the World Economic…

Government representatives of the United Arab Emirates met with Colombian vice-President Francicso Santos Thursday to discuss investment possibilities in Colombia. The oil-rich Arab state is interesting in investing Colombia’s oil…

Colombia’s central bank may cut its benchmark interest rate for a second month as it seeks to spur consumer spending and revive a slumping economy.  Policy makers will reduce the…

Colombia’s peso had its biggest drop this year as expectations the central bank will cut interest rates tomorrow sapped investor demand for the local currency.  The peso slid the most…

Colombia’s state-run oil company Ecopetrol is considering buying Petro-Tech Peruana, a privately-held oil firm with offshore assets in Peru, Colombia’s Mining and Energy Minister Hernan Martinez said on Monday. Martinez…

Colombian Finance Minister Oscar Ivan Zuluaga said the central bank should continue to cut lending rates and monetary policy be more expansionist to help stimulate economic growth. “What I am…

Economic growth in Colombia will be between 2 and 2.5 percent this year, the country’s National Association of Financial Institutions (ANIF) said Sunday. The Government has earlier said it expected…

Colombia may sell peso bonds with maturities as long as 20 years, the longest-term securities in the domestic market, as slowing inflation and falling interest rates fuel demand, Bloomberg reported…