Investments and Business

Labor Reform: these are the risks of an automatic rise in the minimum – Sectors – Economy

Labor Reform: these are the risks of an automatic rise in the minimum – Sectors – Economy

That every worker in Colombia, regardless of their salary, has the right to have it increased by a percentage, at least equal to the inflation caused as of December 31, as stated in the draft of the labor reform project leaked this week, would be a fatal blow for companies and an insurmountable obstacle to job creation. (Read also: Labor reform would force even the highest salaries to rise with inflation) This is what various production unions point out, whose spokespersons expressed their concern at the eventual approval of an initiative of this magnitude that was included in the draft…
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Viva Air crisis: are they using the situation to charge more?  – Sectors – Economy

Viva Air crisis: are they using the situation to charge more? – Sectors – Economy

After the controversial situation over the closure of operations of Viva Air At the end of February 2023, travelers and users show up looking for solutions to the situation they are experiencing.According to the Minister of Transport, there are almost a million passengers in trouble due to the suspension of flights. Given this, national and international airlines have responded and have made their logistics available. However, some inconsistencies would be registered.(You can also read: Labor reform would force even the highest salaries to rise with inflation) Avianca issued a press release revealing that other flight companies would be charging users…
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Viva Air: Staff layoffs add to the airline’s crisis – Business – Economy

Viva Air: Staff layoffs add to the airline’s crisis – Business – Economy

To the financial crisis that the airline Viva Air is going through, which forced it to ground its fleet of planes that jumped miles of travelers throughout the country, as well as in Argentina and Peru, now adds the anxiety of its more than 1,700 employees due to the company's decision to lay off 260 pilots and 450 flight attendants, therefore, through the Colombian Association of Civil Aviators (Acdac)) are asking the Government to intervene to take the necessary measures to protect the collaborators of said airline and prevent hundreds from being left on the street.(Also read: Avianca will extend…
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Five key deadlines to refinance a debt with the bank – Personal Finance – Economy

Five key deadlines to refinance a debt with the bank – Personal Finance – Economy

2023 will not be an easy year for Colombians. The slowdown of the economy, a possible increase in the unemployment rate, the higher cost of credit and high inflation They can lead hundreds of people to go through some difficulties, especially when meeting their credit obligations, which can be normal in difficult situations, so it will always be good to anticipate the facts and, in this way, avoid a Damage to credit history.(Also read: Maximum rate at which money can be lent in the country reaches 46.26% in March) According to J.Orge Castaño Gutiérrez, Financial Superintendent, Nowadays, 'financial intelligence' companies…
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