Posted 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...
Read MorePosted by Adriaan Alsema | Jul 28, 2011 | Economy
The Colcap index bounced back strongly from yesterday’s loss and gained 1.13% on volume of COP$183 billion. Top market performer today were of the smaller and lesser known variety, but did well nonetheless. Canacol, Exito and...
Read MorePosted by Adriaan Alsema | Jul 28, 2011 | Lite
England, one of the teams taking part of the U-20 World Cup in Colombia, was welcomed at Medellin airport by a giant parrot and dozens of dancing policewomen. After some hesitation and slightly embarrassed, the players took part...
Read MorePosted by Adriaan Alsema | Jul 28, 2011 | Medellin
Medellin’s flower festival, the city’s most important cultural event of the year, kicks off Thursday with a free concert at the city hall, after which the city will host some 150 events in the ten days of the...
Read MorePosted by Adriaan Alsema | Jul 27, 2011 | Economy
Yields on Colombia’s peso-denominated benchmark Treasury TES bonds fell across the board on Wednesday for the second consecutive time after the government said it will soon slash the amount on offer. The yield on the...
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