Economy

Colombians who work abroad bring more money to their country than Colombia’s famous and globally renowned coffee export, Colombia’s national bank announced. In the first half of 2008, migrated Colombians…

Colombian consumer prices fell 0.19 percent in September versus a rise of 0.08 percent in the same month last year, the government’s statistics department said on Wednesday. Analysts in a…

The Colombian peso appreciated Wednesday as some investors started to buy pesos again after a two-day selloff.  The peso had weakened 4% on Monday and Tuesday. “During the two previous…

Colombian President Álvaro Uribe called on mayors and governors to prioritize public spending to deal with the global financial crisis. Uribe hopes a push in public spending by government bodies…

Colombia’s current account in the first half of the year registered a deficit equivalent to 2.2% of the country’s gross domestic product of the period, down from a deficit equivalent…

Unemployment in Colombia in August was half percent higher than the same month a year ago, Colombia’s statistics department informed. 11,2 percent of the Colombians last month were without a…

A day after worldwide markets plunged, Colombia’s president and finance minister both made appearances to assure investors and citizens that their money was secure, while experts said measures taken earlier…

Eight groups introduced bids to win a contract to build an 8.8-kilometer tunnel across the Colombian Central Andean Cordillera estimated to cost 719 billion Colombian pesos ($330 million), the Colombian…

The U.S. House of Representatives voted unanimously on Monday to approve a one-year extension of trade benefits for Colombia and other Latin American countries that expire at the end of…