Posted by Adriaan Alsema | Jul 15, 2011 | Economy
Imports to Colombia continued to surge during May, fueled by an improved economic landscape and higher consumption, especially in the automobile sector, figures published Thursday by the government show. Imports in May surged...
Read MorePosted by Adriaan Alsema | Jul 15, 2011 | Economy
The Colcap index on Thursday quickly erased Wednesday’s gains as it racked up a loss of 1.59% in today’s session. Volume was below recent daily averages as COP128.3 billion changed hands. Canacol led the downside as it shed...
Read MorePosted by Adriaan Alsema | Jul 14, 2011 | Economy
Colombia’s second-longest oil pipeline was bombed over the weekend, most likely by leftist rebels, a source at state-run Ecopetrol said on Thursday. It was at least the fourth attack since late February on the 480-mile...
Read MorePosted by Adriaan Alsema | Jul 14, 2011 | Economy
Colombia’s industrial output rose 6.3% in May compared to the same month in 2010, the sector announced Thursday. According to national business association ANDI, the rise was mostly due to a 51.2% rise in the production of...
Read MorePosted by Adriaan Alsema | Jul 14, 2011 | Economy
Colombia’s state-controlled oil company Ecopetrol could raise nearly $3 billion with an expected share sale starting later this month, analysts surveyed by Reuters said on Thursday. The offering would be the largest...
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