Exito’s 3Q net profit down 9.1% on year
Colombia’s largest retailer, Almacenes Exito, posted a net profit of 17 billion Colombian pesos (US$8.4 million) during the third quarter, down 9.1% compared with the same period in 2008, the…
Colombia’s largest retailer, Almacenes Exito, posted a net profit of 17 billion Colombian pesos (US$8.4 million) during the third quarter, down 9.1% compared with the same period in 2008, the…
Colombia’s coffee output will recover to above 11 million 60-kg sacks in 2010 as the sector benefits from better weather, increased fertilization and newly renovated fields, the country’s growers’ federation…
Colombia’s peso weakened 1.7 percent on Tuesday as the U.S. dollar rallied around the world and the local market braced itself for the start of a series of dollar purchases…
Colombia’s largest retailer Almacenes Exito SA plans to raise about 435 billion Colombian pesos ($223 million) from the sale of 30 million new shares to finance its expansion and the…
The Colombian peso weakened Monday after the central bank announced Friday that it will start buying dollars and local government bonds on the currency market. The Colombian peso weakened to…
Colombia’s Juan Valdez coffee chain is evaluating slowing down its planned store openings next year as a result of the global financial crisis, a top industry official said on Thursday.…
Colombia’s state oil firm Ecopetrol reported on Wednesday its nonconsolidated net earnings for the third quarter dropped nearly 70 percent compared with a year earlier, mainly on the fall in…
Colombia’s peso closed trading down 2.56 percent versus the dollar on Tuesday on speculation the government could adopt capital control measures similar to an investment levy announced this week by…
At least a thousand investors from Latin America and Asia are expected to take part in the third China-Latin America business summit, to be held in Bogota on 25 and…