Economy

Who is responsible for damages in a rental apartment – Sectors – Economy

Who is responsible for damages in a rental apartment – Sectors – Economy

In Colombia, the rental fee is readjusted each year, taking into account the Consumer Price Index (CPI) of the previous year, that is, In 2023, rents rise to 13.12%, which was the figure with which inflation closed in the country in 2022. Those most affected by the increase in the value of leases, the highest in 23 years, They are the families of strata 1-2 and 3, since they are the ones that live the most in rented properties.(You may be interested: Bogotá has the smallest homes in Latin America: where are they?)In addition to the increase that is presented…
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Fair and Good: new chapter in its liquidation – Sectors – Economy

Fair and Good: new chapter in its liquidation – Sectors – Economy

The Superintendency of Companies declared the foreign company Reve Group Inc. as parent or controller of Mercadería SAS in Judicial Liquidation (Justo & Bueno) and seventeen (17) other companies.(In addition: The figures behind Ísimo, the new local player of the 'hard discount') As reported by the entity, the registration in the commercial registry is ruled out and it imposed a fine of 200 million pesos on the investigated party, for non-compliance with article 30 of Law 222 of 1995, which refers to the obligation to register before the Chamber of Commerce the registration of the commercial register.Regarding the case, Superintendent…
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Chinese New Year: how are trade relations with Colombia – Sectors – Economy

Chinese New Year: how are trade relations with Colombia – Sectors – Economy

This Sunday, January 22, is celebrated the Chinese New Year, the most important traditional holiday for the 1,400 million inhabitants of the Asian giant. The year of the tiger ends and gives way to the year of the water rabbitwhich will govern for the next 12 months, according to the Chinese horoscope, and represents wisdom, peace, prosperity, intelligence, tranquility and a good omen.(Also read: Keys to why China's population stopped growing for the first time in 6 decades). The event will be held for the first time free of charge and open to the public at the Park of the…
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Oil: can tourism replace it in Colombia in the short term?  – Sectors – Economy

Oil: can tourism replace it in Colombia in the short term? – Sectors – Economy

Although the country is aware that progress must be made towards a cleaner energy scheme that replaces the use of polluting fuels, as is currently the case, many sectors of the economy are concerned about how this transition will be made and how much time will it take. Against this, One of the biggest questions is where the resources will come from to replace those currently contributed to the Colombian economy by the hydrocarbon industry, which is estimated at 10 percent of the gross domestic product (GDP).(You can also read: Exports: by oil, Colombia is the 3rd with the highest…
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