Investments and Business

Less than 10 days ago, the only option being considered to save Viva Air's operations in Colombia was its business integration with avianca, but now the company has two additional offers on the table to consider.At the moment, Viva has a domestic market share of 20.2 percent and its fleet is made up of 21 Airbus320 family aircraft. In addition, it has 45 routes that travel to 27 destinations in Colombia, Peru, the Dominican Republic, Argentina, Brazil and the United States.(Also read: Viva Air will restructure its debts to achieve its permanence in the market) In 2022, an average of…

It seems that the fear of builders due to the macroeconomic situation began to be a reality after years with record numbers in home sales. This Wednesday, February 15, the monthly report of Coordenada Urbana revealed that in January home sales fell 50% compared to the same month of 2022an unprecedented year in terms of commercialization of housing units.(Read: This Monday the disbursements of the Mi Casa Ya program begin). In the first month of the year 2023 the sale of 11,978 new homes was achieved and in the same month of the previous year, 23,934 were sold. This year,…

The techno-mechanical review (RTM) is a citizen obligation whose purpose is safeguard life and preserve the conservation of the environment through permanent care of the state of motor vehicles in the country: motorcycles, buses, cars and all motorized vehicles that provide public service by land.(Keep reading: In 2023, a challenging year, you have to take care of savings and jobs). For this, there are Automotive Diagnostic Centers (CDA) throughout the country that certify your vehicle as fit to drive on the roads of the entire national territory. At these points the tests are carried out they verify the optimal performance…

He National Administrative Department of Statistics (Dane) revealed that the Colombian economy grew by 7.5 percent in 2022. This data is below the expectations of most market analysts. For example, the Ministry of Finance forecast 8.2 percent, the International Monetary Fund 8.1 percent, and the Banco de la República 8 percent.The most successful were Anif, who expected between 7.4 and 7.9 percent, and Fedesarrollo, with 7.7 percent. (You can also read: Reasons for the historical figures of palm oil production in Colombia) according to Piedad UdinolaDirector of the statistical entity, this data reflects that the country is already stabilizing after…