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Colombia has a updated port policy after the National Council for Economic and Social Policy (Conpes) approves a document that outlines the route for the modernization and sustainability of port activity. In this update it promotes the efficiency of the sectorSeeking that the country strengthen the principles of sustainability of its operation and adapt to the global environment and the Colombian territorial context.(Also read: While exports sink, companies ask for new FTAs) This document became a reality after analyzing technical studies carried out by the National Planning Department (DNP) and the transport ministryas well as having the accompaniment of technical…

As a result of an audit Ministry of Mines and EnergyThe Comptroller's Office will complete 16 administrative sets, of which 12 will present a disciplinary incidence, eight are of a fiscal nature and one for a preliminary investigation for more than 68,789 million pesos. These irregularities within the entity were registered in 2021 and 2022, when the Minister of Mines and Energy was Diego Mesathat is, during the administration of Iván Duque. (Also read: Certainty, dialogue and experience, what they expect from the replacement of Irene Vélez) The Comptroller established that there is a growing deficit of resources to cover…

Neither real sector companies nor financial entities are interested in going to the capital market these days to obtain resources for their projects, nor are institutional investors willing to 'buy' private debt this year and proof of this is thatIn the first six months of 2023, only two corporate debt issues have been made for just 291,000 million pesos, a figure that was 86 percent below the record for the first half of 2022 when the amount was 2 trillion pesos. (Also read: Dollar continues to yield to the Colombian peso and loses another $11 this Wednesday). Private debt issuance…

The National Department of Statistics (Dane) published the data of the Colombian imports and for the month of May the amount reached 5,418.5 million dollars, which represented a fall of 20.4 percent compared to the same month of the previous year.This behavior, as explained by the entity, is mainly due to to the decrease of 17.8 percent that is evident in the Manufactures groupwhich went from adding 4,785.1 million dollars in May 2022 to only 3,935.0 million dollars a year later.(Also read: While exports sink, companies ask for new FTAs) The report indicates that the imports of this group fell,…