Investments and Business

in June Inflation in Colombia reached 12.13 percentcompleting three consecutive months of decline, after registering a maximum of 13.34 percent last March.​For the Minister of Finance, Ricardo Bonilla, inflation has not been reduced at the desired speedbecause the prices of food and other products are falling, but gasoline continues to rise. (Also read: Inflation continued to drop in June, but remains above 12% per year) "unfortunately we have to adjust gas prices and that means that we were not able to lower inflation at the rate we would like to,” said Minister Bonilla. Since October 2022, the price of gasoline…

Within the framework of the World Population Day celebrated on July 11, the National Association of Foreign Trade (Analdex) took the opportunity to dto stake the exports that Colombia makes to the two most populous countries in the world: India and China. (Also read: Between March and May 2023, informality in the country fell to 56.7%)In addition, and taking into account that by the end of 2023 India will reach 1,428 million inhabitants, while China would register 1,425 million, according to the United Nations Population Fund (Unfpa), lThe entity also pointed out the opportunity that the country and even its…

According to the latest report on Informal Employment and Social Security from the National Department of Statistics (Dane) during the mobile quarter that includes March and May 2023, the proportion of informally employed persons in the country was 56.7 percent, which meant a decrease of 1.4 percentage points compared to the same period of the previous year (58.1 percent).(Also read: Controversial theory of the Minister of Finance on coca: if it is scarce, its price falls) The report also highlights that of the 22,701,000 million workers who registered in the country during the reference period, about 9,838,000 are formal and…

Prohibit the circulation of private vehicles at rush hour It is the proposal launched a few days ago by the Minister of Transportation, William Camargo, to improve the operation of public transport in cities. However, it was not well received by local leaders or unions.The Vice President of Foreign Trade and the Automotive Sector of Fenalco, Eduardo Visbal, assured that this proposal does not agree with reality, because public transport in all cities is "insufficient and unsafe"although it has improved a lot in the last 20 years and will be surpassed by the 'penny war'.(Also read: Controversy over the idea…