Investments and Business

The US Nobel Prize winner in economics Paul Krugman and President Gustavo Petro participated in the New Models of Economic Development forum, organized by the Javeriana University. It was a space that Krugman took the opportunity to share his perspective on the opportunities that emerging economies have like the Colombian to develop.(Also read: Can Gilinski stay with Éxito? His offer is less than the value of the company) To start his presentation, the Nobel Prize winner took South Korea and Mexico as examples. Both countries implement the strategy of developing their manufacturing industries to replace imported products and, later, make…

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Just 24 hours ago, Jaime Gilinski, a Colombian businessman and baker, sent an offer of 836 million dollars to buy the shares that Companhia Brasileira de Distribuição (GPA) has in the operation of the Éxito supermarket chain.However, a few hours ago a statement was released in which the board of directors of that corporation rejected the offer made by the owner of GNB Sudameris. "The Board of Directors of the Company has met today to analyze and discuss the Offer together with its financial and legal advisers, and has decided, unanimously of its members and with the recommendation of its…

From next July 15, Millions of Colombian workers will see how their working hours per week will begin to decrease, since Law 2101 of 2021 will enter into force.(It may be of interest to you: Less than six hours a day: this is how you work in the country with the shortest working day). According to this law, the working day will become in 2023, from 48 hours a week to 47 hours, and it will gradually decrease until reaching 42 hours in 2026, as stipulated in this law that modifies article 161 of the Substantive Labor Code.Receive on your…