Colombian external debt rises 5.3 percent, falls as portion of GDP
Combined Colombian public and private external rose to US$45.6 billion in June, a 5.3 percent increase from last year, but a lesser proportion of GDP, reported the Bank of…
Combined Colombian public and private external rose to US$45.6 billion in June, a 5.3 percent increase from last year, but a lesser proportion of GDP, reported the Bank of…
Hotels of all sizes saw their income drop an average of 7.7 percent in July compared to the year before as guests fell 3.1 percent. Year-to-date data income is still…
A natural gas reserve holding two trillion cubic feet of methane was discovered in northern Colombia, a quantity that could convert the country into an important world supplier of…
Hoping to meet business associates, increase their clients, find representation in Colombia and ultimately make a killer profit, 21 German businesses participated in Bogotá’s International Fair. The aim was to…
The Colombian government presented a five-point plan to deal with the current global financial crisis. Colombian President Álvaro Uribe announced the plan will primarily seek to ensure the financial resources…
The Colombian stock index ended lower Thursday, following the U.S. markets. The IGBC stock index fell 0.9% to 9,213.06 points. The index is down 14% so far this year. Stock…
Colombia’s peso dropped 1.6 percent to 2,188. 5 per dollar from 2,155 yesterday, according to the Colombian foreign- exchange electronic transactions system, known as SET-FX. The yield on Colombia’s benchmark…
The financial crisis in the US is starting to affect the Colombian investment climate, now that U.S. banks announced to restrict loans in emerging economies like Colombia. The Colombian government…
Colombian president Álvaro Uribe is confident a trade agreement with the European Union will be successfully negotiated. Uribe said he hopes the European Union accepts to negotiate with Perú and…