Suramericana’s 1H net profit rises to US$103 million
Colombia’s largest holding company, Grupo de Inversiones Suramericana SA, Thursday said it booked a net profit of 211 billion Colombian pesos in the first half of the year, up from…
Colombia’s largest holding company, Grupo de Inversiones Suramericana SA, Thursday said it booked a net profit of 211 billion Colombian pesos in the first half of the year, up from…
Venezuelan companies loyal to the government of Hugo Chavez say they can produce what the country currently is importing from Colombia, adding fuel to Colombian fears that Venezuela is able…
Ecopetrol SA will likely report a decline in net profit for the second quarter from a year earlier as oil prices fell from 2008 records, analysts said. A Dow Jones…
Cementos Argos on Thursday said its net profit in the first half of the year more than doubled compared with a year earlier, thanks to the sale of coal assets.…
Colombian inflation will likely end 2009 below 4%, which is much below the official Central Bank’s target range, Jose Dario Uribe, the bank’s chairman, said Wednesday. “There is a good…
Colombia’s Trade Minister admitted Wednesday it would be difficult finding alternative export markets if Venezuelan President Hugo Chavez decides to stick to his decision to suspend trade amid a row…
The Colombian peso weakened 1.8% in early trading Wednesday in a volatile session after Venezuelan President Hugo Chavez threatened to break commercial and economic relations with Colombia. The Colombian peso…
An unidentified group attacked the Caño Limon-Coveñas oil pipeline operated by state-owned oil company Ecopetrol SA on July 17 and the company resumed operations on July 21, an official from…
Businessmen from both Colombia and Ecuador have unitedly asked their Presidents to initiate dialogue as relations between the two governments hit rock bottom. Businessmen from both countries met in the…