Investments and Business

Hybrid cars in Colombia: their import has a limited quota – Sectors – Economy

Hybrid cars in Colombia: their import has a limited quota – Sectors – Economy

The 'Sustainable electric mobility strategy' advances with the handbrake on. It is not otherwise explained that, while on the one hand the State seeks to massify the use of vehicles that are more friendly to the environment, on the other hand it puts sticks in the wheel of that transition. This policy, which has among its objectives to reduce carbon emissions by 51 percent by 2030, suffers a short circuit caused by the State itself, which set a quota of 3,000 units for the import of hybrids, a decision that ignores the reality of the market and the appetite of…
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Gustavo Petro: powers for regular public services would be partial – Sectors – Economy

Gustavo Petro: powers for regular public services would be partial – Sectors – Economy

Eight days after President Gustavo Petro announced that will resume the regulation of public services in Colombiaa first draft of the decree project that would enable it for this purpose was known."This president has decided not delegate their functions to the commissions for the regulation of public services, at least for a time. I am going to assume control, the general policies of the administration of Colombia, directly and personally," he said on January 26.(Also read: With the threat of intervention by Petro "companies would prefer to leave") The mere announcement has generated concern in the electricity sector due to…
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LEED certification: Colombia has more than 500 certified projects – Sectors – Economy

LEED certification: Colombia has more than 500 certified projects – Sectors – Economy

2023 began with good news for sustainable construction in Colombia: it added project number 503 registered with the characteristics required by the Leadership in Energy and Environmental Design (LEED) CertificateCreated by the United States Sustainable Construction Council (USGBC) and with a presence in several Latin American countries.(Also read: Former Minister Guillermo Herrera Castaño is the new president of Camacol).This was announced by Viviana Valdivieso, executive director of the Colombian Council for Sustainable Construction (CCCS), who revealed that, of that amount, about 250 are certified and total more than 5,750,000 square meters. “Currently, the participation of projects that meet the requirements…
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Inflation: why it does not subside after shock measures by President Petro – Sectors – Economy

Inflation: why it does not subside after shock measures by President Petro – Sectors – Economy

Even though he Bank of the Republic maintains its aggressive interest rate adjustment plan, from October 2021 to date it has raised them by 12 percentage points to 12.75 percent trying to contain the escalation of inflation, which closed last year on 13, 12 percent, the cost of living for Colombians will continue to rise, at least in the first three or four months of 2023.(Also read: Banco de la República completes its 12th rate hike and takes it to 12.75%) According to estimates of the analysts of the bancolombia group, in January the consumer price index (CPI) would have…
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