Economy

Welcome has created your account in EL TIEMPO. Know and personalize your profile. The verification email was sent to Check your inbox and if not, in your spam folder. NO, CHANGE EMAIL YES, SEND We want you to find the news that interests you the most Follow your favorite topics in an exclusive place for you. Remember that to see your topics on all your devices, you must update the El Tiempo App. discover ¨my news¨ An exclusive place,where can you follow yourfavorite subjects . choose them! Hello! Here you can also find "My News" and follow the topics you…

In October 2022, the 10-year Country Risk Premium of Colombia, measured by Credit Default Swaps, or better known as CDS, has been increasing, in dollars at 10 years, reaching 429 basis points, its highest level since March 2009. This risk premium, country risk or sovereign risk, is the extra price that a country pays to finance itself in the markets, compared to another country.In the case of Colombia, the comparison is made with the United States, which is the reference country for the area and therefore, The risk premium is the difference between the country's 10-year bond and the US…

Working on a Sunday or overtime can mean higher pay and extra income for employees. In order to settle the value that you will receive for the additional shift, you must take into account that article 173 of the Substantive Labor Code establishes that the hour of work is worth 75 percent more than on a business day. The first thing to do is how much does one hour of work cost per day, for this the Pension and Parafiscal Management Unit (UGPP) published the values ​​of the minimum wage per day and per hour, in order to facilitate calculations…

Despite risks such as high inflation and sharp rises in interest rates, The dynamism that the Colombian economy maintained last year had a positive impact on the mergers and acquisitions business in Colombia in 2022.(Keep reading: Investments projected by the liquid fuels sector for 2023) According to the Transactional Track Record (TTR) consultancy, the number of operations, between announced and completed, closed the year at 366, 45 percent more than in 2021. However, the combined volume that these transactions added gave up some ground , when falling 20 percent, up to 10,061 million dollars.What the report reflects is that the…