Posted by Adriaan Alsema | Feb 15, 2012 | Economy
Colombia’s state oil company Ecopetrol said on Wednesday that 2011 net profit rose 85% to 15.44 trillion pesos ($8.65 billion) compared with the previous year. Colombia is still fighting Latin America’s longest...
Read MorePosted by Adriaan Alsema | Feb 15, 2012 | Economy
Colombia may have to return up to $3.9 billion in tax revenue from last year and lose a similar amount in future annual collections if a high court declares a government tax reform unconstitutional, the finance minister said on...
Read MorePosted by Adriaan Alsema | Feb 15, 2012 | Economy
Colombia’s central bank would like the country’s peso currency to weaken against the U.S. dollar, board member Juan Jose Echavarria said on Wednesday. Colombia has seen record foreign investment flow into the nation...
Read MorePosted by Adriaan Alsema | Feb 14, 2012 | News
Colombia’s former Peace Commissioner Luis Carlos Restrepo, who fled the country before being charged over his alleged role in the faking of the demobilization of a non-existent FARC front, called on supporters of former...
Read MorePosted by Adriaan Alsema | Feb 14, 2012 | Economy
Canadian oil and gas company Canacol Energy Ltd. increased its stake in two exploration and production contracts in Colombia. The Calgary-based firm said Tuesday that it’s subsidiary Carrao Energy Sucursal has acquired a...
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