Economy

Board will review whether Ecopetrol continues to frack in the US – Sectors – Economy

Board will review whether Ecopetrol continues to frack in the US – Sectors – Economy

Saúl Kattan, president of the board of directors, spoke with EL TIEMPO about the planes that are coming to the company with the start of a new stage without Felipe Bayón in command, starting next April 1st. With the departure of Felipe Bayón from Ecopetrol on March 31 and the arrival of a new president, the the expectation about the future that awaits what is considered the most important company in the country.In an interview with EL TIEMPO, Saúl Kattan, president of the board of directors, provides details of the process that he will carry out to find the replacement…
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The companies that are pushing young people to extreme burnout – Sectors – Economy

The companies that are pushing young people to extreme burnout – Sectors – Economy

Sarah* had always dreamed of working in the fashion industry. At 21, she followed her dream, she moved to London and found a passionate job in which she could develop a career."Like many young people, my passion was fashion," he says. "But the reality was not so glamorous."After working in fashion retail for less than a year, Sarah landed a position as an e-commerce assistant at the headquarters of a luxury international brand.At both jobs they were surrounded by like-minded twenty-somethings: succeed in the world of fashion."It's like any creative industry: young people always see it as interesting work," he…
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Mission of the International Monetary Fund on Colombia – Sectors – Economy

Mission of the International Monetary Fund on Colombia – Sectors – Economy

At the end of her visit to Colombia, a Mission of the International Monetary Fund (IMF) reveal the main conclusions of the review of Article IV on Colombia.Despite international challenges, the Colombian economy exceeded expectations in 2022 and grew at one of the fastest rates among emerging economies, thanks in part to private consumption. However, the body says that there are already incipient signs that it is starting to cool down.(You can also read: ILO does not see the need to change laws for social security commitments) Growth is projected to have a marked slowdown in 2023 due to the…
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Latam Airlines in bid with Avianca and Jetsmart to buy Viva Air – Companies – Economy

Latam Airlines in bid with Avianca and Jetsmart to buy Viva Air – Companies – Economy

This Tuesday Latam Airlines Colombiasubsidiary of Latam Airlines Group SAexpressed interest in starting negotiations to acquire Long live Air Colombia (Fast Colombia SAS).(Context: The struggle between Avianca and JetSmart to buy the airline Viva)In a written communication to the president of Viva Air Colombia and Castlesouth Limited, the company informed that the operation is subject to a financial analysis, which it has the capacity to carry out expeditiously, to a possible agreement between the parties and the corresponding regulatory approvals.(Do not stop reading: Viva Air will restructure its debts to achieve its permanence in the market) “The Colombian subsidiary of…
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