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High inflation and the increase in interest rates to curb price rises have home builders in the country on tenterhooks, and may end up undermining buyer confidence. ('The dollar goes down, but some construction supplies don't.') In an interview with Portfolio, Luis Aurelio Díaz, president of OikosHe said that interest rates affect the financial closings of construction companies, because in some cases, projects must be aborted because they do not meet the resource goal or because they have slower sales."Obviously the construction companies are concerned about taking long-term loans with rates that close their ability to pay with the bank"Diaz…

The debate advances pension reform in colombia and the trade unions, the Colombian Association of Pension and Unemployment Fund Administrators (Asofondos) and the Federation of Colombian Insurers (Fasecolda) have already presented their proposals for the discussion of the bill that the Government expects to file in March.(You can also read: Working hours: what is the economic impact of reducing it to 47 hours this year) The unions, made up of the Central Unitaria de Trabajadores (CUT), the General Confederation of Labor (CGT) and the Confederation of Workers of Colombia (CTC)they made public a package of 30 propositions. Among them, they…

The National Trade Union Council asked President Gustavo Petro "to continue working together within the framework of the Constitution and the law, with the aim of solving the challenges in terms of coverage and quality" of public services throughout the country and thus continue consolidating the great achievements that have been built in terms of home public services”.Similarly, the union expressed its concern regarding the decisions announced by the president to assume regulatory functions which are currently at the head of the Energy and Gas Regulation Commission (Creg) and the Drinking Water and Basic Sanitation Regulation Commission (CRA). In addition,…

The few advances in some transmission projects and the non-completion of an electrical substation have Bogotá and Cundinamarca on the brink of a blackout.The warning was made by Belizza Ruiz, former Vice Minister of Energy, in a Facebook Live with EL TIEMPO. She also said that the Southwest faces the same risk because there are serious problems in some transmission lines.(Also read: Belizza Ruiz on Irene Vélez: "I would like a different person in Minminas") Was it responsible for Minister Vélez saying that there will be no new oil contracts based on a study with serious flaws? Beyond the responsibility…