Investments and Business

For days, relations between Colombia and Guatemala have been tense as a result of the Central American country's decision to link a judicial process against the Minister of Defense, Iván Velásquez.It is a Nation with which Colombia has maintained commercial ties for some time, and for the moment, the Foreign Minister Alvaro Leyva He ruled out that existing relationships be reviewed, although what is happening will be analyzed.(Also read: Crisis Colombia and Guatemala: will the tension subside due to the process against the Ministry of Defense?) In this context, it is important to know how big is the commercial relationship…

The Government has ready the axes on which the discussions of the labor reform that the country will advance will gravitate and whose proposal will be presented to the Congress of the Republic on March 16. According to the reform subcommittee, there are 18 agreed issues, ranging from labor stability and contract modalities until decarbonization.(Also read: Layoffs: how did workers use them in 2022?) As reported on Ministry of Labor, This reform will count on the participation of the regions and citizens who will be able to contribute inputs to the discussions that will take place around this reform."The Ministry…

Ecopetrol became the first South American member to sit on the board of the Hydrogen Council, a global initiative whose purpose is for hydrogen to foster the transition to clean energy.The oil company joined the Hydrogen Council in June 2022. In total, there are 140 companies from 20 countries that are part of this initiative, considering that hydrogen plays a key role in global decarbonization goals by helping to diversify energy sources around the world.(Read also: Ecopetrol: successful placement of bonds in the international market) As of January 1st, the board was made up of Air Liquide, Anglo American, Cummins,…

In November 2022, economic activity showed annual growth of 3.0 percent compared to the same period of the previous year, measured by the Index of Follow-up to the Economy (ISE). With this, so far this year growth is already at 8.1 percent.(You can also read: What is the initiative on tax justice presented by Ocampo?) This growth rate is lower than that presented in previous months. In August the increase was 8.9 percent annually, in September it was 4.4 percent and in October it was 4.6 percent."In the months that are closing the year we see data more similar to…