Posted by Wesley Tomaselli | Mar 18, 2013 | Economy
Colombia’s handling of the global financial crisis has been praised by regional neighbors at the annual Inter-American Development Bank (IADB) forum in Panama City on Sunday. “Colombia has a record of achievement...
Read MorePosted by Wesley Tomaselli | Mar 15, 2013 | Economy
Colombia has recorded a strong increase in crude oil production in February, despite continued rebel attacks on energy infrastructure, the government announced on Wednesday. The Ministry of Mines and Energy reported that total...
Read MorePosted by Wesley Tomaselli | Mar 15, 2013 | Economy
After Colombia experienced a strong year for economic growth in 2012, some experts have expressed more caution toward the country’s growth prospects for 2013. “I don’t think the government will meet the goals...
Read MorePosted by Wesley Tomaselli | Feb 20, 2013 | Economy
Colombia’s rapid rate of oil production led to an extremely lucrative 2012, but the country’s oil reserves can reportedly only sustain this pace for eight more years. In 2012, the state-owned oil giant, Ecopetrol,...
Read MorePosted by Wesley Tomaselli | Feb 19, 2013 | Economy
Colombia’s Bancolombia on Tuesday acquired HSBC Panama for $2.1 billion, reportedly the most ever paid by a local bank. Bancolombia’s bold move fits in with their apparent overall internationalization strategy. The...
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