Foreign debt climbs to 21.1% of GDP in July
Colombia’s foreign debt, measured in relation to economic output, inched higher in July from a year earlier, fueled by an increase in private-sector bond sales. Colombia’s total foreign debt, including…
Colombia’s foreign debt, measured in relation to economic output, inched higher in July from a year earlier, fueled by an increase in private-sector bond sales. Colombia’s total foreign debt, including…
China’s fourth-largest oil company, Sinochem, will raise crude oil imports from Colombia through 2013, reaping the benefits from upstream asset acquisitions and rising production in the South American country Colombia…
Venezuelan President Hugo Chavez and Colombian counterpart Juan Manuel Santos agreed Tuesday to strengthen ties through energy projects as they sought to improve relations and leave behind recent bitter disputes.…
Grupo Nacional de Chocolates SA booked a consolidated net profit of 188.75 billion Colombian pesos ($103 million) in the first nine months of this year, up 55% from the same…
Colombia’s peso fell slightly on Tuesday following a package of government measures last week to help control the country’s rising currency that analysts saw as conservative. Emerging market countries have…
Colombia is battling the surge in the peso with a playbook that so far doesn’t include capital controls and appears inspired by a strong dose of market-friendly economics. Faced with…
Colombia’s government and central bank announced new measures to stem a rally in the peso after President Juan Manuel Santos expressed concern its appreciation is hurting exporters and job growth.…
LAN Airlines, Chile’s flagship carrier, agreed to acquire Aires, Colombia’s second largest airline, as the Chilean company continues its expansion in South America. LAN will pay $32.5 million for Aires,…
Colombia’s peso on Wednesday fell to a three- month low on bets the central bank will announce additional measures to ease the peso’s rally after President Juan Manuel Santos said…