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Economics (49)

Colombia’s central bank raised its benchmark lending rate on Friday to 6.5%, the seventh consecutive monthly increase, as policymakers grapple with high inflation figures and a deep current account deficit.

Jueves, 10 Marzo 2016 09:56

Ecopetrol Lost $1.2B In 2015

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Colombia’s state-run oil company Ecopetrol lost $1.2 billion in 2015 mainly because of dropping global oil prices, the company said Monday.

Jueves, 03 Marzo 2016 09:54

Colombian Pineapples Serious Competition For Costa Rica

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In 2014 production was 6 million kilos of pineapples, which we increased to 13 million in 2015 and expectations for this year and 2017 are 20 million and 25 million respectively.

Viernes, 26 Febrero 2016 09:48

No sales tax for Tourists in Colombia

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Colombia will exempt tourists from paying sales tax as an incentive for people to get to know the country, the country’s president said on Wednesday.

Viernes, 05 Febrero 2016 09:59

What makes Colombian consumers happy

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They say that money can’t buy you happiness but a new study carried out in Colombia appears to reveal otherwise.

Sura Asset Management, a unit of Colombian financial conglomerate Grupo Sura, and Peru’s Credicorp Capital signed an agreement Tuesday to create a 1.3-trillion-peso ($400-million) investment vehicle that will provide financing for the construction this year of up to five fourth-generation highways in Colombia.

Colombia’s government sold its 57.6% stake in energy company Isagen to Canada’s Brookfield Asset Management for $1.99 billion, the finance minister said on Wednesday.

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