Posted by Adriaan Alsema | Jun 30, 2011 | News
Pacific Coal Resources Ltd., a junior coal producer which operates in Colombia and trades on the TSX Venture Exchange, reported a big first quarter loss as the company spent to develop its business. Pacific Coal reported...
Read MorePosted by Adriaan Alsema | Jun 30, 2011 | Economy
Shares of Colombia’s No. 1 retail chain, Almacenes Exito fell nearly 7 percent on Thursday after the company said it was weighing issuing new shares to finance expansion plans. Exito’s board said late on Wednesday...
Read MorePosted by Adriaan Alsema | Jun 30, 2011 | News
Authorities in the southwest of Colombia raised the death toll of a bus crash in the Nariño department Wednesday to ten, among which are nine minors. Six of the fatal victims died when the school bus fell off a 1,000-foot cliff ...
Read MorePosted by Adriaan Alsema | Jun 29, 2011 | Economy
Colombian officials said Wednesday that the country isn’t facing any short-term financing needs and that there are no immediate plans to issue bonds overseas. Public Credit Director German Arce told reporters that the...
Read MorePosted by Adriaan Alsema | Jun 27, 2011 | Economy
The top Democrat on the House’s key trade panel said Monday he won’t support a pending trade pact with Colombia unless a pro-labor action plan negotiated by the Obama administration is included in the legislation....
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