Investments and Business

IC Constructora says: “We have adjusted to depend less on VIS subsidies” |  housing |  my finances

IC Constructora says: “We have adjusted to depend less on VIS subsidies” | housing | my finances

In an interview with Portfolio, the president of IC Constructora, Rafael Álvarezshares your concerns about declining sales in the construction industry, especially in the VIS sector.Due to this fall, the company has adjusted its business model to depend less on government subsidies and focus on customer segments that do not depend so much on them and providing credit alternatives.(See: Lower the start of construction of VIS and non-VIS housing). How have you seen the housing dynamics compared to previous years?​The results of sales in the country have presented drastic reductions. In the first quarter they fell 50% compared to the…
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Apartment for rent: when the tenant can cancel the contract without a fine – Personal Finance – Economy

Apartment for rent: when the tenant can cancel the contract without a fine – Personal Finance – Economy

Those who live for rent in Colombia have to comply with the obligations indicated by the law and, of course, the contract that occurs with the owner of the house, apartment or any other property. If the tenant wants to terminate the lease and deliver the property early without receiving a fine, be careful because it must be in line with certain grounds.(Also read: If you live for rent, in these cases the owner can terminate the contract immediately). To make it clear, keep in mind that a lease is not a paper signed and even 'authenticated' between the parties.…
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Tigo: this is the company’s mess with EPM and Millicom – Technology News – Technology

Tigo: this is the company’s mess with EPM and Millicom – Technology News – Technology

The Tigo Une company was created after the merger of the telecommunications portfolio of the public services company EPM and the operator Tigo, whose owner is Millicon. At the beginning, the Antioquia public services company had 50 percent of the shareholding plus one share, but then he ceded control to his partner in exchange for a bonus, so today he does not have the ability to make decisions nor manage.(In other news: Twitter would now only be worth 33% of what Elon Musk bought it for.) EPM is a residential public services company that in its first stage, in 1955,…
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