Colombia’s industry to recover in 2013: Finance Ministry
In spite of a contraction in growth, Colombia’s industrial sector is set to grow at 2-2.5% throughout the rest of 2013, according to Colombia’s Ministry of Finance.
In spite of a contraction in growth, Colombia’s industrial sector is set to grow at 2-2.5% throughout the rest of 2013, according to Colombia’s Ministry of Finance.
As Colombia’s peso reaches the government’s target exchange rate against the dollar, the Andean country’s manufacturing contracted in output for the seventh time over an eight-month stretch.
Colombia’s trade minister said on Wednesday that his country is set to become the third largest producer of leather goods in Latin America by 2018.
The local subsidiary of General Motors expressed optimism for the future of Colombia’s domestic car market as the automaker opened a new factory.
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.
New figures from Colombia’s government statistics agency, DANE, showed a 9% increase in imports during the first two months of 2013 as compared to the same period last year.
Foreign exports from Colombia fell 6.6% in February in comparison to the same period in 2012, due to choked sales abroad in fuel and mining sectors.
Copies of ‘sombreros vueltiaos,’ a flashy, wide-brim style Colombian hat, have been fabricated by Chinese manufacturers, reported local media on Wednesday. Artisans that make the Colombian hat protested against the…
According to a survey of Colombian businesses released Wednesday, the business sector saw a slight downturn in April as the global market continues to struggle. The Coordinated Survey of Industrial…