Posted by Adriaan Alsema | Jan 24, 2012 | Economy
The Colombian government is facing renewed pressure to take forceful measures to curb the appreciation of the peso, which gained nearly 7% against the dollar in January. Javier Diaz, the head of Analdex, Colombia’s largest...
Read MorePosted by Adriaan Alsema | Jan 24, 2012 | Economy
The chief executive of Colombian bank Banco Davivienda SA said Tuesday its planned purchase of HSBC Holdings PLC’s businesses in Central America will grow the company by 20% and help it meet its goal of listing its shares...
Read MorePosted by Adriaan Alsema | Jan 24, 2012 | News
Colombia insisted Tuesday it would expand the use of military tribunals despite warnings from Human Rights Watch (HRW) that the proposed reform “threatens to facilitate impunity for military abuses.” Colombia’s...
Read MorePosted by Adriaan Alsema | Jan 24, 2012 | News
Colombian police said Tuesday they have arrested 12 members of neo-paramilitary drug trafficking organization “Los Urabeños” in the north of the country. Eleven of the suspected neo-paramilitaries were arrested in...
Read MorePosted by Adriaan Alsema | Jan 24, 2012 | Economy
Chilean department store retailer Ripley Corp. SA plans to invest $272 million in Colombia through 2015, the company said in a Tuesday filing with local regulators. Several Chilean retailers, including Cencosud SA, have expanded...
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