Investments and Business

Dollar: Why its value is falling in Colombia and the world – Financial Sector – Economy

Dollar: Why its value is falling in Colombia and the world – Financial Sector – Economy

The new decline that inflation began in USA in December, the sixth in a series that left it at 6.5 percent, the lowest since October 2021, led to a good part of the currencies strengthening against the dollar.(Also read: Pensions would not be sustained in the future with the proposed reform: Fiap analysis) In Colombia alone, the peso appreciated 1.2 percent, one of the biggest advances among emerging currencies, standing at 4,692.04 pesos for today, Friday.The Brazilian Real, For its part, it advanced 1.98 percent, the Mexican and Chilean pesos each gained 0.6 percent on Thursday.The Colombian peso managed to…
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Housing: in 2024 40% of the offer aspires to be sustainable |  housing |  my finances

Housing: in 2024 40% of the offer aspires to be sustainable | housing | my finances

Generating environmentally sustainable projects has become a necessity for construction companies, in a market where added value is one of the main determinants for making a purchase, above all, because these represent reductions in the consumption of basic services.(Read: Bancóldex and Habi close financing agreement). Although there is a theory that building in a responsible manner could be more environmentally costly, which would have an impact on the final prices of the properties, the Colombian Chamber of Construction (Camacol) assures that This model contemplates a business scheme based on cost efficiency, therefore it does not present significant increases.Nevertheless, "If the…
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Landslide in Cauca: these are the actions to overcome the emergency – Sectors – Economy

Landslide in Cauca: these are the actions to overcome the emergency – Sectors – Economy

The National Government deployed all its artillery to deal with the situation due to the closure of the Pan-American highway and the catastrophe that occurred in the municipality of Rosas (Cauca). The Ministry of Mines and Energy and several of its affiliated entities work on various fronts and solutions that allow the relief of thousands of people in the region or who travel to or from it.(Read also: These are the recommendations to the National Petro Development Plan) As reported by the Government, Julio Fierro, director of the Colombian Geological Service (SGC), is located at the site of the landslide,…
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Severance Retirement |  Requirements to request it |  my finances

Severance Retirement | Requirements to request it | my finances

Although the main objective of layoffs is to protect the member in the event of becoming unemployed or unemployed, Colombian law allows allocating this savings to purchase a home. (True or false? The most common myths about layoffs). The worker can make a partial or total withdrawal of the layoffs to be invested in the acquisition or improvement of his home, payment of the property tax or the payment of a mortgage loan.According to figures from Future, During 2022, for this concept, the fund made disbursements for $1.18 trillion, registering a decrease of 0.2% compared to 2021 when withdrawals totaled…
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