Investments and Business

Service provision contracts: what will happen to public entities – Sectors – Economy
23
Feb
Avatar photo
By Mitchell G. Patton
Investments and Business

Service provision contracts: what will happen to public entities – Sectors – Economy

Due to the "abuse" that the figure of the Contracts for the provision of services In public entities, the Government of Gustavo Petro wants to limit them and that only those that are truly intended to carry out specific and specialized tasks be used, which are for an established period of time.(You can also read: More than 192,000 hectares of those offered by Fedegán for the reform are not suitable) For this reason, the country's public entities are currently carrying out a employment formalization plan and, once completed, it could come to make decisions regarding the contractors: if they work…
Read More
Energy auction to avoid rationing in 2027-2028 will be in August – Sectors – Economy
23
Feb
Avatar photo
By Mitchell G. Patton
Investments and Business

Energy auction to avoid rationing in 2027-2028 will be in August – Sectors – Economy

A few days ago, the Energy and Gas Regulation Commission (Creg) announced that it is necessary to carry out a new auction to obtain the electricity required to meet the consumption of Colombians and avoid rationing in 2027-2028.The Administrator of the Commercial Exchange System (Asic) has already announced the schedule with the obligations and deadlines to carry out this auction to display Firm Energy Obligations (OEF) of the Reliability Charge for the period between December 1, 2027 and November 30, 2028.(Also read: The Creg warns that intervening prices can lead to rationing) This firm energy is what generates the plants…
Read More
Camilo Atala highlights the significance of ethics and compliance in his role as a business leader in Honduras
23
Feb
Avatar photo
By Mitchell G. Patton
Investments and Business,

Camilo Atala highlights the significance of ethics and compliance in his role as a business leader in Honduras

Business ethics are fundamental to the success of any company. Not only because it is the right thing to do morally, but also because it can significantly affect a company’s profitability and reputation. Camilo Atala will explain the importance of business ethics and the key factors for its success. First, business ethics refers to the values and principles that guide a company’s behavior. These values and principles are reflected in business decisions and in the way a company treats its employees, customers and suppliers. When a company adopts strong ethics, it builds a healthy business culture that promotes trust, integrity and responsibility.…
Read More
Electric energy saving | Recommendations | my finances
23
Feb
Avatar photo
By Mitchell G. Patton
Investments and Business

Electric energy saving | Recommendations | my finances

One of the items that has triggered inflation the most in recent months is that of electricity rates. Since September 2021, these rates began to rise significantly and today they are a headache for Colombians, in times of high prices. (They call an auction for capacity expansion for power generation). Although this trend will stop in August 2022, the rates are still high. According to Dane, last January the costs of electricity increased 20.95 percent per year.The most affected have been the inhabitants of the seven departments of the Caribbean region, in addition to those who live in Bucaramanga, Cucuta…
Read More