Colombia’s housing minister announced Thursday $792 million will be made available to fund a 30% subsidy in mortgage interest payments for poor homebuyers, local media reported. German Vargas Lleras said that starting July...
Read MoreThe average increase in the price of a basket of goods and services in Colombia reached 0.3% in May, according to the national statistics agency DANE. This figure indicates there has been a 1.92% increase in prices in the first...
Read MoreColombia’s largest private oil producer, Pacific Rubiales announced Tuesday it will buy smaller oil and gas company PetroMagdalena for $243 million. Ronald Pantin, Pacific Rubiales CEO said, “We are very pleased to...
Read MoreColombian imports of Canadian wheat for August through April 2012 more than doubled compared to the same period last year, reported Reuters Friday. Canadian wheat imports increased sharply and amounted to 668,000 tons in the...
Read MoreThe price of gasoline and diesel in Colombia fell for the second month in a row to $4.80 and diesel is now $4.37 per gallon respectively in Bogota. As of Friday the price of a gallon of gasoline had dropped $0.08 while that of...
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