Economy

Colombia and Uruguay the coming days will be negotiating a free trade pact between the two countries, Uruguayan weekly Búsqueda reported Thursday. The magazine quoted an official from the country’s…

Colombian President Uribe prefers increasing the national debt than spending less on his security and social programs, he said Saturday. According to the president, his ‘Democratic Security’ policy, mostly funded…

The Colombian stock index opened Thursday up 4.1% following an increase of the stock markets in New York. The benchmark IGBC stock index was last up 3.6% to 7,211.36 points.…

Colombia will seek an emergency credit line of up to $1.5 billion from commercial and multilateral lenders to be used in an extreme case of financial need, the Finance Ministry…

Bancolombia SA, Colombia’s biggest lender, climbed the most in two weeks in Bogota trading after third-quarter profit increased 16 percent, topping analyst estimates. Net income rose to 367 billion pesos…

Colombia’s Vice President Francisco Santos said interest rates are too high and the central bank should reduce them in a bid shore up the economy.  “Inflation is taming down, and…

The Colombian government’s consolidated budget ended the first half of the year with a surplus of 6.80 trillion Colombian pesos (US$ 2.84 billion), equivalent to 1.4% of the country’s gross…

The Colombian stock index fell in early session Monday to a level not seen since June 2006 as the market is dragged down by the decline of stocks in New…

Colombian state oil company Ecopetrol denies that a Dutch court seized 7 billion euro (US$ 10 million) worth of assets in the Netherlands, as claimed by the lawyer of Llanos…