Posted by Adriaan Alsema | Feb 10, 2012 | Economy
Colombia’s benchmark stock index fell Friday, dragged lower by oil and financial shares, while the peso weakened slightly against the dollar. The Colcap index, Colombia’s main index for the most liquid shares in the...
Read MorePosted by Adriaan Alsema | Feb 10, 2012 | Economy
The Colombian central bank’s decision to unexpectedly increase its key lending rate in its monetary-policy meeting last month was triggered by concerns over inflation and a surge in credit, minutes from the meeting show....
Read MorePosted by Adriaan Alsema | Feb 10, 2012 | Economy
Colombia’s benchmark blue-chip index rose Thursday, pushed higher by gains in the country’s largest oil firms, while the peso gained slightly against the dollar. The Colcap index, Colombia’s benchmark for the...
Read MorePosted by Adriaan Alsema | Feb 9, 2012 | Economy
Colombia’s coffee production in January fell 41% from a year earlier to 535,000 60-kg bags due to the continued effects of heavy rains on the crop, the country’s coffee federation said on Thursday. The world’s...
Read MorePosted by Adriaan Alsema | Feb 9, 2012 | Economy
Colombia may see as much as $16 billion in foreign direct investment this year, up from nearly $15 billion last year, Trade Minister Sergio Diaz-Granados said on Thursday. Latin America’s No. 4 oil producer has seen a boom...
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