One of Colombia’s biggest banks, Bancolombia, is leading the market in earnings in the third quarter of this year, reporting profits of $237.8 million. The reported numbers mean that Bancolombia…
Colombia has dropped one place in it’s “Doing Business” ranking out of a total of 183 Countries, now settling behind Chile and Peru, according to the World Bank. The Doing…
Projections for economic growth in Colombia have been downgraded from 4.7% to 4.3% for the remainder of 2012 and 2013, according to El Espectador. A report from the International Monetary…
The International Monetary Fund raises Colombia’s growth forecast for the economy to 5% from a previous 4.6%, business newspaper Portafolio reported Friday. In addition, the Gross Domestic Product (GDP) of…
Colombia’s finance minister announced Wednesday that there is optimism among foreign investors after Colombia’s economy showed a strong first quarter, reported news site El Pais. Following trips to London and…
Colombia’s economic growth for 2010 is thought to be headed for a level higher than previously expected according to Finance Minister Oscar Ivan Zuluaga, reports Reuters. “For 2010, the government had set…
Colombian presidential candidate Gustavo Petro said Wednesday that his Polo Democratico party does not support the free trade agreement (FTA) with the European Union (EU) and will attempt to prevent…
The economy of Colombia has emerged from recession in the third quarter due to a resurgence in sectors such as trade and industry, as well as a greater dynamism in…