The Colombian government created a new website to draw foreign investors to the country. The Joomla-based website, investincolombia.com.co, is set up by Proexport, a government agency that seeks to increase…
A Dutch court rejected oil company Llanos Oil’s request to seize the home of the Colombian ambassador to the Hague, local media report. The oil company demands 7 billion euros…
Colombia’s industrial production, excluding coffee processing, expanded 0.4% in March from the same month in 2008, the first rise since August last year when industrial production started contracting. A total…
Banana farm workers in Colombia’s key growing region continue to strike over pay and benefits. Banana companies, union leaders and representatives of the national government did not find an agreement…
The World Bank has become a crucial source of funding for Colombia as the global financial crisis makes covering the country’s fiscal deficit more challenging. The Washington-based multilateral lender plans…
Colombian state-controlled oil company Ecopetrol SA booked a net profit of 1.61 trillion Colombian pesos ($715 million) in the first quarter, 30% less than in the same period in 2008…
Colombia’s state-controlled oil company Ecopetrol ECO.CN could spend up to $10 billion to purchase overseas assets over the next six years, a senior executive said on Tuesday. “We have budgeted…
Canada Congressmen are demanding a series of conditions to approve a Free Trade Agreement (FTA) with Colombia, local media reported Monday. Colombia would have to meet eight new requirements to…
The International Monetary Fund’s executive board said on Monday it approved a US$10.5 billion flexible credit line for Colombia as the Andean country seeks to fend off the global financial…