A Medellin court has ordered Colombia’s Prosecutor General to investigate which businesses and banks were involved in financing the creation of paramilitary group ACCU that later became the AUC which…
Foreign direct investment (FDI) in Colombia has gone up 2.4% in the first quarter of 2013 compared to the same period last year, the country’s central bank announced Friday.
The International Monetary Fund (IMF) said on Monday it had approved a new two-year $5.84 billion flexible credit line for Colombia as a precautionary buffer against potential risks from the…
Following months of steady devaluation, Colombia’s peso on Monday morning opened at 1,947.5 against the dollar.
Colombia’s finance minister on Thursday confirmed his country’s economy had slowed down in the first quarter of 2013 when the country’s Gross Domestic Product (GDP) grew 2.8% against 5.5% in…
Competition from China is killing Colombia’s textile and footwear industry, the sector said Wednesday, demanding measures to protect domestic jobs against the Asian giant.
Imports to Colombia rose 16.5% in April compared to the same month last year, said the county’s national statistics agency Wednesday.
Colombia’s economy is most likely to grow 4% and not reach the 4.5% GDP growth as projected by the government, analysts consulted by news agency Reuters said.
French tire producer Michelin announced Wednesday to close all its factories in Colombia claiming they “non-viable” as exports to Brazil dropped.