Investments and Business

Although June presented good news to Colombians in terms of the cost of living, by continuing to drop and completing three consecutive months of decline to stand at over 12.13 percent per year, its variation is still maintained at 2.5 percentage points per above last year's record (9.67 percent) and 9.13 points further from the Banco de la República goal. AND Although there are factors that are already beginning to push the variation in the cost of living of Colombians down with greater force, there are also other market forces that prevent this decrease from occurring as quickly as possible.…

According to figures from the National Federation of Business Merchants, Fenalco, the second school season of the year represents 15 percent of the annual sales of school supplies vendors. In addition, the average of Expense for the season is $350,000, not including texts or books, and can go up to $412,000. That is why there are several tips that you can follow to save on the school return of the second semester. Fenalco points out that for preschool the cost could be around $360,000, for primary school $222,000 and for high school the level of spending could be an average…

The Ministers of Finance, Ricardo Bonilla, and of Commerce, Industry and Tourism, Germán Umaña, along with various representatives of the Colombian private business sector, are meeting at this time in the GSB auditorium of the Universidad del Rosario on transversal 23 with calle 93 , is the forum "Reindustrialization Policy: Change of course or long-term strategy?", a space that seeks reflection on the government's reindustrialization and foreign trade policies.(Also read: How much does it cost and how to get a motorcycle pass in Colombia?) The event, which takes place in the GSB auditorium of the Universidad del Rosario on transversal…

This July 16, the project that seeks to eventually reduce the working day until reaching 42 hours of work per week will begin to take effect in Colombia. Currently, formal employees in the country must comply with a quota of 48 hours per week; However, from next Sunday the measure will change.+(We recommend reading: Abecé of the reduction of the working day that begins on July 15).The project, covered by Law 2101 of 2021, It will come into force with the reduction of one hour of work during this 2023 and the change will be made annually as follows: in…