Investments and Business

After the announcement of the investigation for alleged irregularities in the integration of Avianca and Viva Air by the Superintendence of Industry and Commerce, the airline ruled through a statement.Regarding the case, it was ensured that "the economic rights of the Viva airline were acquired in April 2022 in a transaction executed with complete transparency." In the same way, the document highlights that the "transaction was carried out in compliance with resolution 10390 of 2015 of the Superintendence of Industry and Commerce -SIC- that clearly endorses the business separation structure (segregating economic rights from politicians) and clearly indicates that the…

Personal finances worry more than one. Planning financial decisions without having much knowledge can become a headache, but an application is ready to help.Ualá is an Argentine fintech that arrived in Colombia last year and offers, free of charge and online, educational content to learn how to manage personal finances.(Also read: Ualá will give access to financial services with temporary permission). The application has its content available in various formats such as online courses, video tutorials, publications, downloadable material, among others.Having information is the basis for making better decisions and we are convinced that Aula Ualá is a great contribution…

The Government is clear that in order to make its reindustrialization a successful policy, the least it must do is generate investor confidence, legal security and institutionality.(Also read: "The feeling is that Petro does not listen to us": president of the Stock Exchange) Without these three key elements it will be very difficult for foreign investors, with whom he has been meeting, to buy into the idea of ​​bringing their resources so that Colombia ceases to be an importing country and becomes, after a few years, another with a clear production vocation.In front of that great purpose is Germán Umaña,…

In his weekly column Cuentas Claras, Mauricio Galindo, economic editor of EL TIEMPO, offers the curious figures around the news that happened in the last 7 days. On this occasion, the data around the crisis of the airline Viva Air, the weight of being the largest company in the country and the historical figure of the investment that came to Colombia, among others.(Also: Four reasons why in 2023 there will be no more record profits from Ecopetrol) Long live, down; prices up?The exit of the market -temporary or definitive- of the airline live air reduce the supply of passenger air…