Posted by Adriaan Alsema | Jul 29, 2011 | Economy
Colombia’s Colcap index dropped 0.71% Friday on weak volume of COP$134.7 billion. Ecopetrol, Cementos Argos and Bancolombia combined to drag the index down. Nutresa reported strong earnings today as sales have increased...
Read MorePosted by Adriaan Alsema | Jul 29, 2011 | News
The wife and two children of former Agriculture Minister Andres Felipe Arias have left Colombia after being threatened, several Colombian media reported Friday. “His family has been victim of numerous threats and even a...
Read MorePosted by Adriaan Alsema | Jul 29, 2011 | Economy
Colombia’s urban unemployment rate, traditionally the main measurement of joblessness in the country, declined to 11.8% in June from 12.8% a year earlier, the national statistics institute known as DANE said Friday. The...
Read MorePosted by Adriaan Alsema | Jul 28, 2011 | Economy
The Colombian peso was retreating against the dollar Thursday, spurred by a growing aversion to riskier emerging market assets, giving local authorities some breathing room to deal with the currency’s appreciation. The...
Read MorePosted by Adriaan Alsema | Jul 28, 2011 | Economy
Colombia’s Grupo de Inversiones Suramericana, a large holding group with assets in banks and insurance companies, posted in the second quarter a 40% decline in net income from a year earlier, the company said in a...
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