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Economy

Ecopetrol, Talisman report oil discovery in east Colombia
Nov 21, 2014 Ξ Comments are off

Ecopetrol, Talisman report oil discovery in east Colombia

posted by Victoria McKenzie

Ecopetrol and Talisman Energy have announced the discovery of hydrocarbons at an exploration well in eastern Colombia.

Economy

Colombia’s 2014 economic growth to exceed world’s
Nov 21, 2014 Ξ Comments are off

Colombia’s 2014 economic growth to exceed world’s

posted by Joel Gillin

Colombia’s GDP growth rate is expected to be 4.9% by the end of 2014, exceeding the world average as it has done every year this century except 2010, according to  Full Article »

Economy

Colombia’s economic activity fails to generate jobs: UN
Nov 17, 2014 Ξ Comments

Colombia’s economic activity fails to generate jobs: UN

posted by Joel Gillin

Colombia’s economy depends heavily on mining, hydrocarbons, and ranching, producing little employment and benefiting few, the United Nations Industrial Development Organization reportedly said.

Economy

Colombia promotion agency changes name
Nov 15, 2014 Ξ Comments are off

Colombia promotion agency changes name

posted by Larisa Sioneriu

The entity in charge of promoting Colombia abroad as a tourist and investment destination has changed name and 

Economy

Colombia’s Postobon to challenge SABMiller 98% beer market share
Nov 12, 2014 Ξ Comments

Colombia’s Postobon to challenge SABMiller 98% beer market share

posted by Joel Gillin

Colombia’s largest soda-production company will be entering the Colombian beer market with a Chilean company to challenge the SABMiller, the multinational which controls 98% of current beer sales, according to Bloomberg news.

Economy

Central Bank hails Colombia’s economic performance
Nov 11, 2014 Ξ Comments are off

Central Bank hails Colombia’s economic performance

posted by Joel Gillin

The director of Colombia’s Central Bank praised his country’s economic growth and price stability at a meeting in Madrid on investment in the South American country, according to El Espectador  Full Article »

Economy

Colombians most indebted in Latin America: Study
Nov 10, 2014 Ξ Comments are off

Colombians most indebted in Latin America: Study

posted by Joel Gillin

Some 65% of Colombian households claim that one or more of their family members are in debt, the highest percentage in Latin America, according to local media.

Economy

Colombia oil production down 2.8%; growing concerns over 2015 budget deficit
Nov 7, 2014 Ξ Comments

Colombia oil production down 2.8%; growing concerns over 2015 budget deficit

posted by Adriaan Alsema

Colombia’s finance minister on Thursday announced that the country is likely to not make its 2014 target of producing a million barrels of crude oil per day, putting even more  Full Article »

Economy

Colombia completed procedures for free trade pact with Europe
Nov 7, 2014 Ξ Comments are off

Colombia completed procedures for free trade pact with Europe

posted by Adriaan Alsema

Colombia’s Foreign Ministry on Thursday claimed it has successfully carried out the necessary procedures for a free trade agreement with the European Union to take effect. 

Economy

Average Colombian better off than average world citizen: Prosperity index
Nov 3, 2014 Ξ Comments

Average Colombian better off than average world citizen: Prosperity index

posted by Piotr Wojciak

The average Colombian is better off than the average world citizen, a recently published global prosperity index claimed.

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