Stock market falls on Ecopetrol; peso appreciates
The Colombian benchmark IGBC stock index fell Monday, dragged down by the price of shares of state-controlled oil company Ecopetrol SA. The IGBC stock index fell 0.6% to end at…
The Colombian benchmark IGBC stock index fell Monday, dragged down by the price of shares of state-controlled oil company Ecopetrol SA. The IGBC stock index fell 0.6% to end at…
Trade-stifling diplomatic tensions with Venezuela could help push Colombia’s economy into a contraction this year as the cross-border spat suppresses manufacturing and exacerbates fallout from the world crisis. July industrial…
The Colombian peso strengthened to its highest level since August 2008 on investors’ renewed risk appetite. The peso Friday closed at 1,949.56 Colombian pesos to the dollar from COP1,965 Thursday.…
Colombian banks were ordered to pay a 15 billion peso (US$7.5 million) fine for charging excessively for the use of ATM machines and commercial services. According to the watchdog, the…
Colombia’s crude oil output in August rose to an average 660,000 barrels a day from 603,000 barrels a day in the same month last year, the government oil-licensing agency reported…
The Colombian government’s expenses on security deprive the poor of social investment, Conservative Party senator Alfonso Nuñez, said in a debate Tuesday. According to the coalition senator, the heavy cost…
The Colombian benchmark IGBC stock index on Tuesday rose to its highest level since December 2007, boosted by the price of shares of state-controlled power generation company Isagen SA. The…
One hundred and ten million tons of thermal coal were discovered in northern Colombia, Brazilian energy company MPX MPXE announced Tuesday. According to the Brazilians, the discovery was made in…
The Colombian government collected 45.40 trillion pesos ($22.73 billion) in taxes in the first eight months of the year, up 8% from the same period a year ago, the country’s…