Investments and Business

Until next May 31 Avianca will have a plan active to protect Viva users Air, affected by the company's decision to cease operations in the country since February 27. The decision was made by the airline after last Saturday, May 13, it withdrew from the integration with Viva Air to save the airline financially.Adrián Neuhauser, President and CEO of Avianca reveal the plan they have in place to help people who were affected by the Viva crisis and reiterated the airline's willingness to open new jobs, cover some of the routes that they stopped operating and "shake hands" with passengers…

The program Citizen Incomeof the national government, its objective is to financially help more than 3 million households that are in a situation of extreme poverty with a subsidy of 500,000 pesos per month. What was established by the control entities was that the selection of favored households in the program depended on their economic situation. However, Announced Social Prosperity that these registrations should be temporarily suspended. "Social Prosperity has received multiple alerts about the possible inadequate handling of the registrations of the Transit to Citizen Income program and the recurring invisibility of the image of Social Prosperity by third…

The New home sales (VIS and Non-Vis) continue in free fall In colombia. In April there was a 62 percent decrease in the commercialization of units, as revealed by the Colombian Chamber of Construction (Camacol). In the specific case of Social Interest Housing (VIS), the figures also fell in the fourth month of the year. 5,674 units were soldthat is, 11,117 less compared to the same month last year, which means a decrease of 66 percent.(Also read: Family cases reveal the 'headache' that Mi Casa Ya became) In April there was a decrease of 62 percent in the commercialization of…

Given the uncertainty generated by the slowdown in the economy this year, Colombians have chosen to protect themselves against any unforeseen event by taking out insurance policies, This has given dynamism to this industry, which in the first of the year was one of the ones that contributed the most to the growth of the gross domestic product (GDP) by 3 percent, according to Gustavo Morales, president of the Federation of Colombian Insurers ( phasecolda).(Read also: Carnivals and insurance to avoid a worse slowdown in the economy) In the first three months of this year alone, the insured industry has…