Colombia’s retail sales and industrial output rose in February. Retail sales increased 13.2% in February from a year earlier while industrial output climbed 2.4%, the government’s statistics agency, known as…
Colombia’s economy looks set to expand as much as 5.5% in 2011, overtaking the Central Bank’s original economic growth projection of 4.5% for this year, according to Central Bank President…
Colombian port town Cartagena continues to improve its thriving tourism industry, according to a press release from the city’s tourism corporation. A meeting of the Tourism Corporation reviewed the progress…
Peruvian President Alan Garcia announced on Sunday plans for Peru, Colombia, Mexico and Chile to create a new economic bloc, in an interview with El Tiempo. Garcia told the Colombian…
Colombian policy makers meeting last month said they expect growth in the economy and employment next year will be similar to that seen in this year, according the minutes of…
Energy demand in Colombia has grown by 4.5% in 2010 announced President Alvaro Uribe during a tour of the Porce III Hydroelectric Project in the department of Antioquia, reports El…
President Alvaro Uribe said that unemployment in Colombia’s major cities had stopped its upward trend, and that the economy was recovering from the international financial crisis faster than expected. The president…
The Central Bank of Colombia confirmed its benchmark interest rate is to remain at the record low of 3% following April’s shock half-point drop, reports Caracol Radio. The decision came…
Inflation in Colombia is predicted to end the year at 3% according to the Central Bank, while unemployment will remain at similar levels to the end of 2009, reported Portfolio.…