Posted by Toni Peters | Jan 6, 2012 | Medellin
Hacienda Napoles, the former ranch of infamous Medellin drug lord Pablo Escobar, is to inaugurate an African-themed, six-star hotel by Easter this year. Hacienda Napoles representative Oberdan Martinez Orozco told Colombia...
Read MorePosted by Toni Peters | Jan 6, 2012 | News
Colombian authorities Friday have handed over the Texan teen, who was mistakenly deported in April 2011, to U.S. authorities, Spanish news agency EFE reported. According to government sources, officials from Colombia’s...
Read MorePosted by Toni Peters | Jan 6, 2012 | Economy
Colombia’s biggest bank, Bancolombia, announced Friday a public offering of 64 million shares worth $886 million. The shares will first be offered exclusively to the current shareholders of Bancolombia in the domestic...
Read MorePosted by Toni Peters | Jan 6, 2012 | Economy
The poorest Colombians experienced an increase in prices of 4.35% in 2011, higher than the annual increase in the Consumer Price Index of 3.73%. According to financial publication Portafolio, Colombia’s low income earners...
Read MorePosted by Toni Peters | Jan 5, 2012 | News
A total of 324,570 new vehicles were sold in Colombia in 2011, according to data from a consulting firm. Consulting company Econometria’s figures state that in December alone, 26,961 vehicles were sold in the country,...
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