Tag: economics
5 former world leaders invited to Colombia’s Caribbean coast to discuss economic prosperity
Former heads of state from around the world have been invited to Colombia for a summit on the...
New social map aims to reduce poverty in Colombia
Colombia’s government is releasing a social map of the country on Monday night highlighting...
Colombia Central Bank to keep interest rate at 3.25%
National interest rates are to be held at 3.25% for another month according to a statement...
Colombia ‘sets excellent example’ for increasing banking access: Dutch Queen
Queen Maxima of the Netherlands on Wednesday lauded Colombia as an excellent example of how to...
Colombia trade with Pacific Alliance could increase by 500%: Trade official
Colombia’s trade official to Mexico, Sergio Escobar, said on Sunday that Colombia could...
Santos approves construction of free housing for the poor
Colombian President Juan Manuel Santos signed into law Wednesday his plan to give 100,000 houses to the country’s poorest citizens. “This law will give 100,000 families the opportunity to convert into reality their dream of...
US, Mexico, and France top investors in Colombia
A report listed the U.S., Mexico, and France as the top sources of foreign direct investment in Colombia, economic magazine Portafolio reported Tuesday. Colombia’s Superintendency of Businesses published the report which...
Colombia prepares for FTA
Colombia’s agricultural minister announced a number of tasks Sunday necessary to prepare the country for a potential free trade agreement with the United States, economic magazine Portafolio reported. Although the FTA has...
Ex-Brazilian president seeks to strengthen Colombia-Brazil economic ties
Brazilian ex-president Lula de Silva will attend an economic forum in Bogota to explore business opportunities between Colombia and Brazil on Thursday, Portafolio.co reported. The economic forum will be sponsored by the...
Colombian business and consumer confidence on the rise
Consumer and business confidence are on the increase according to the Survey of Business Confidence and the Consumer Opinion Survey, both conducted by Fedesarrollo. The Consumer Confidence Index rose from 20.9% in February this...
Petrol prices set for April increase
A gallon of petrol and diesel will increase by $0.08 (150 COP) from Friday April 1, it was announced by the Mines and Energy Minister. The increase means that for Bogota, the reference price has been set at $4.53 per gallon of...
Colombiatex closes with $119M expected business
Colombiatex, a Medellin textile fair for professionals in the fashion industry, saw a 7% increase in the value of business conducted in 2011’s event compared to the previous year, Spanish news agency EFE reported Friday....
