Government representatives of the United Arab Emirates met with Colombian vice-President Francicso Santos Thursday to discuss investment possibilities in Colombia. The oil-rich Arab state is interesting in investing Colombia’s oil…
Colombia’s central bank may cut its benchmark interest rate for a second month as it seeks to spur consumer spending and revive a slumping economy. Policy makers will reduce the…
Colombia’s peso had its biggest drop this year as expectations the central bank will cut interest rates tomorrow sapped investor demand for the local currency. The peso slid the most…
Colombia’s state-run oil company Ecopetrol is considering buying Petro-Tech Peruana, a privately-held oil firm with offshore assets in Peru, Colombia’s Mining and Energy Minister Hernan Martinez said on Monday. Martinez…
Colombian Finance Minister Oscar Ivan Zuluaga said the central bank should continue to cut lending rates and monetary policy be more expansionist to help stimulate economic growth. “What I am…
Economic growth in Colombia will be between 2 and 2.5 percent this year, the country’s National Association of Financial Institutions (ANIF) said Sunday. The Government has earlier said it expected…
Colombia may sell peso bonds with maturities as long as 20 years, the longest-term securities in the domestic market, as slowing inflation and falling interest rates fuel demand, Bloomberg reported…
Colombia’s peso fell to a three-week low as signs the South American economy is slowing hurt appetite for the nation’s financial assets. Colombia’s industrial output plunged 13.3 percent in November,…
Colombian President Álvaro Uribe expressed his concern about job losses in the country as a result of the global economic crisis and the decrease in demand of Colombian products. “The…