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The Minister of Transportation, Guillermo Reyes, designed the resolution that makes the temporary suspension of the El Bordo tolllocated on the Mojarras-Popayán road, as a result of the landslide that occurred last week at the height of the municipality of Rosas.This charge will not be made until the passability conditions that allow communication between the departments of Cauca and Nariño are provided. (Also read: Concessions that raised tolls should lower them: there will be no refund) Once the traffic of vehicles through this route is recovered, Invías must issue a communication to the Ministry of Transportation, in advance of no…

The production of the Colombian industry broke a dynamic of 4.5 percent at the end of month 11 of 2022, as reported by the National Administrative Department of Statistics (Dane)also explaining that real sales were at 3.8 percent and employed personnel increased 2.7 percent.(Also read: "Of the 39 industrial activities represented by the survey, a total of 24 registered positive variations in their real production, adding 6.7 percentage points to the total annual variation, and 15 subsectors with negative variations subtracted a total of 2.2 percentage points from the total variation,” the report states.(You may also be interested in: Ready…

Despite the fact that the decree ordering freeze toll rates Of 113 stations in charge of the National Infrastructure Agency (ANI) and 30 of the National Road Institute (Invías), the Government expects that the concessions that managed to increase their price return to the value of 2022 as soon as possible.In dialogue with EL TIEMPO, the Minister of Transport, Guillermo ReyesHe assured that they have identified that some tolls continue to charge the rate with the adjustment and they hope that the situation will be corrected today.(You can also read: Closure of the Pan-American Highway: Government measures to address the…

Nubank, one of the largest digital financial services platforms in the world, will strengthen its presence in Colombia with a loan of up to USD$150 million from the International Finance Corporation (IFC). (Nubank exceeded 439,000 clients in Colombia).The 3-year local currency loan was pushed to fuel the growth of Nu's local operations and expand access to financial services in the country.The lack of access to formal financial services is one of the main challenges for economic growth in Colombia. Digital transformation can offer new opportunities both to improve financial inclusion and to increase the productivity of the country's population, especially…