Posted by Adriaan Alsema | Feb 23, 2012 | Economy
Colombian stocks inched higher Wednesday, driven by gains in state-run energy firm Ecopetrol SA (EC, ECOPETROL.BO), while the peso weakened slightly against the dollar. The Colcap index, the benchmark for Colombia’s most...
Read MorePosted by Adriaan Alsema | Feb 22, 2012 | Caribbean
Barranquilla authorities said Wednesday that the city’s carnival drew more than a million people between Friday and Tuesday. In its final balance of the city’s most important cultural event of the year, the...
Read MorePosted by Adriaan Alsema | Feb 22, 2012 | Economy
The Central Bank of Colombia may raise its benchmark lending rate for a second straight month at its Friday meeting, a decision that would be spurred by fears that a boom in consumer credit could jeopardize the bank’s...
Read MorePosted by Adriaan Alsema | Feb 22, 2012 | News
Colombia’s civil aviation agency is examining why top airline Avianca and other domestic carriers continue to cancel a relatively large number of flights even after the resolution of a labor dispute that was supposedly the...
Read MorePosted by Adriaan Alsema | Feb 22, 2012 | Economy
Colombian President Juan Manuel Santos proposed that the state oil company, Ecopetrol, pay dividends to private investors this year and delay payment to the government until 2013, a move that would help stem gains in the...
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