Investments and Business

Between January and March 2023 exports to Venezuela reached 144.9 million dollars, an increase of 32.9 percent compared to the same quarter of 2022. Of the total sales made, 94.1 percent corresponded to non-mining-energy goods and counting only the land border, trade between the two countries reached 83.9 million dollars.(Also read: Petro criticizes the management of key public entities for the energy transition) Among the most outstanding products of exports to Venezuela candies and candies are found, which have an 8.3 percent share, the largest within the export basket. Compared to the previous year, their exports increased 26.1 percent.(You might…

A group of 25 congressmen, most of them liberals, presented in Congress a alternative labor reform bill to that of the Government of Gustavo Petro, a document that includes the recommendations made by the Labor and Fiscal Observatory of the Pontificia Universidad Javeriana.The idea of ​​the congressmen, among whom are some like Carlos Ardila, is that these changes are included in the original proposal, which could be approved in this legislature if extra sessions are called.(You can also read: Labor reform: what a study says that projects more than 450,000 layoffs) These are the big changes compared to the initial…

Although it was speculated that President Gustavo Petro I was not going to attend the closing of the asofondos annual congress, because in the public agenda of the president, released by the Presidency since the morning of this Friday, April 28, the space was not included, the head of state arrived around 5:00 pm. (See: The 'buts' of the study centers to the pension reform).This edition of the Asofondos Congress, the association that brings together the four private pension funds in Colombia (Colfondos, Porvenir, Protección and Skandia), took place in a particular environment of pension reform.The government project seeks to…

private pension funds met at their annual congress, during the last week of April, to discuss the future of the system, at a juncture where Congress is preparing to discuss the pension reform project of the Petro government. (See: 'Private pension funds no longer finance the Nation': Petro).Within the framework of the event, the presidents of Protección, Colfondos and Porvenir* shared with Portafolio their views on the reformthe challenges and concerns they perceive in the project and the elements that should be considered to reform the system.While all acknowledged progress on issues such as the solidarity pillar, the elimination of…