Economics

Colombia oil output to fall a fifth by 2018

Colombia's oil output is expected to fall by more than a fifth by 2018 as companies cut back spending on exploration and production after the recent plunge in crude prices, the ACP association of oil producers said on Tuesday.

Colombia’s investment risk at levels not seen since 2011

Colombia’s economic risk has risen to levels not seen since 2011, according to local media.

Colombia’s foreign reserves grew by $3.69B in 2014

Colombian foreign reserves grew by $3.69 billion in 2014, up to a total of $47.32 billion as of December 31, said the country’s central bank on Wednesday.

Venezuelan gasoline and goods still sold in Colombia

Miguel is a pimpinero, a curbside vendor of contraband Venezuelan gasoline that he sells at two-thirds of the going price at Colombian gas stations.

Colombia keen to woo Malaysian investments

Colombia is keen to increase bilateral trade and investment with Malaysia and is inviting Malaysian companies to invest in its oil palm and oil and gas industries.


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