Investments and Business

In November 2022, andThe National Government announced a 50 percent discount on the mandatory traffic accident insurance rate (Soat) for motorcycles low-cylinder and public transport vehicles.(In context: These are the motorcycles for which the SOAT discount applies) This promise came true a month later and an insurance that cost, for example, 556,500 pesos for a motorcycle of 100 to 200 cubic centimeters dropped to 278,250 pesos. This measure was implemented to reduce accident rates, prevent fraud in claims and combat evasion in the purchase of Soat.According to Fasecolda, in 2022, more than 9.3 million policies were issued, of which 45…

According to Petro, the government will not stand still while rates rise. “In the face of interest rate hikes, we must respond with higher tariffs to protect the industry and agriculture sectors, and to protect national work,” he said. (You may be interested in: The controversy that opens after the proposal to have more tariffs in Colombia) Precisely, in the Development Plan there was an article that talks about “smart tariffs”.With the aim of attacking inflation, the Banco de la República began a cycle of interest rate hikes from September 2021, when rates were between 1.75 and 2 percent. Since…

President Gustavo Petro's proposal to increase tariffs in the country to protect the national industry has more detractors than defenders.(It may interest you: More tariffs proposed by Petro would increase prices for Colombians: AmCham)The President has said that if interest rates are not lowered, there will be more tariffs on trade.The Bank of the Republic of Colombia has raised its reference rate to 13.25 percent, seeking to curb inflation, which reaches 12.82 percent per yearAccording to the most recent data with a cutoff of April 2023. According to Petro, "in the face of interest rate hikes, we must respond with…

With three and a half years of having opened its doors to the public and after only one of launching one of the biggest entertainment bets in the country and Latin America, In which 20,500 million pesos were invested, the El Edén shopping center is becoming a point of reference for Bogotá, the country and international tourism The number of people who see it is increasing. Last year it grew 39 percent, and in the first four months of 2023 that dynamic marks 11 percent compared to the same period last year, says Ibonne Zabala, his manager, who said that…