Investments and Business

The president of the Colombian Association of Oil and Gas (ACP), Francisco José Lloreda, assured that before the difficult panorama that companies are seeing To invest in Colombia, the investments could go to other countries in the region, such as Ecuador.According to the president of the ACP, Colombia's main competitors, in terms of investment, are USA because it has different conditions on subsoil ownership and a more competitive environmental regime for the private sector.(Also read: Oil companies will stop investing US$ 370 million in 2023 due to tax reform) It should not surprise us that the investment, both for exploration…

The Colombian Association of Oil and Gas (ACP) announced the investment plans of the companies that operate in Colombia for 2023, which will be affected by the tax reform that began this year. total, 5,050 million dollars will be investedan increase of 3.5 percent taking into account the resources announced by Ecopetrol for 2023, but without these resources, the budget of private companies presented a 33 percent drop.(Also read: The pulse between Avianca and JetSmart to buy the airline Viva) For exploration activities, 1,240 million dollars will be allocateda decrease of 4 percent compared to the money spent in 2022.…

“Zero hunger”. This is the title of the new program executed by Social Prosperity in the country. The initiative, which was proposed by the current government when it was in the campaign, began to take hold at the end of last year. Find out if you are a beneficiary. According to the president, Gustavo Petro, the Government of Iván Duque had not left the necessary budget to continue with the program that began due to the pandemic to help the most vulnerable households. So the current president decided in October that the Solidarity Income would end on December 31. However,…

JetSmart expressed interest in acquiring 100 percent of the airline Viva. After this announcement, Avianca referred to the proposal, which it described as unfeasible and as a distraction in the integration process that is being analyzed in the local market.(In context: JetSmart wants to buy all the shares of Viva Air: this is the proposal) Its sole objective is to use a proposal, by all accounts unfeasible, to generate a distraction "Avianca and its shareholders considering that the declaration of interest of JetSmart, has the sole objective of using a proposal, to all the unviable lights, to generate a distraction…