Government hands key royalties proposal to Congress
The Colombian government presented Congress with proposed reforms to oil and mining royalties on Tuesday — one of the key projects as the country seeks to regain investment grade lost…
The Colombian government presented Congress with proposed reforms to oil and mining royalties on Tuesday — one of the key projects as the country seeks to regain investment grade lost…
Estimated investments in Cali‘s hotel sector surpass $110 million, giving the city an extra 1,170 hotel rooms by 2013. Projects by hotel chains Avia and Marriott constitute nearly half of planned…
Business, trade and investment will top President Juan Manuel Santos’ agenda when the Colombian leader travels to Brazil for his first official visit. Santos will meet with Brazilian President Lula…
Developed nations’ banks are still reeling from the global economic crisis, but Colombia’s banking sector looks attractive for foreign players in search of solid returns with safe regulations, solid profits…
Gran Tierra Energy Inc said on Thursday oil bearing zones at its Moqueta-2 well in Colombia are more productive than the first well, but said production from the Putumayo Basin…
Colombia’s hotel sector expects to invest $1.2 billion this year, 33% more than the $900 million invested last year. The sector decided to invest this amount because of government promises…
Leasing Bancolombia SA, the leasing arm of Colombia’s biggest lender, sold COP220 billion ($121 million) worth of bonds in the local market. Leasing Bancolombia sold five- and 10-year fixed-rate securities…
Mercuria, one of the world’s largest private energy traders, said on Wednesday it had opened a trading office in Bogota and purchased a Colombian river barge business. The energy trader…
Colombia’s state-run Ecopetrol oil company said on Wednesday that it planned to invest $4.2 billion in building a new oil pipeline and upgrading infrastructure at Coveñas port. Colombia, Latin America’s…