Economy

At the end of 2022, Colombia closed with inflation of 13.12% in its annual variation, the highest figure since 1999, whose upward rhythm was maintained throughout the year and which led the Banco de la República to raise its rates interest at 12% at its last meeting in 2022. (Will it be necessary to raise interest rates to curb inflation in 2023?). Although the high rates unload the pocket of the majority of Colombians, since it makes credit more expensive, there are alternatives that could be used to take advantage of this situation, through savings. "A CDT or a similar…

Coinciding with the twentieth anniversary of its direct presence in Colombia, the French firm Louis Vuitton decided to increase its commitment to our market with the opening of a 'global store' in the Andino shopping center, in Bogota.As Yves Carcelle, former president of the specific leather goods company, said, a 'global store' is a store where you can get “the same as in Paris and at the same time”, that is, all the brand's production lines. The one in Bogotá is the second location of this type in the region – the one in São Paulo (Brazil) opened seven years…

Despite the fact that in 2022 more motorcycles than ever were registered, the slowdown of the Colombian economy is beginning to impact their sale in the country as new registrations have been declining for four months.According to Runt figures and Andemos calculations, in 2022 822,617 new motorcycles were registeredwhich represents a growth of 10.9 percent compared to 2021.(You can also read: Colombia would go from growing 8% in 2022 to 1.3% in 2023: World Bank) For each vehicle that was registered during the past year in the country, 3.1 new motorcycles went into circulation, higher than the historical figure of…

With the new year taxpayers begin to prepare to pay their financial obligations. One of them is the income statement that they have to present before the Dian, and in the case that corresponds, pay. This year the tax calendar It will start on August 9 and will last until October 19, depending on the last two digits of the tax identification number (NIT), which normally correspond to the ID number. (You can also read: Inflation Colombia: will it continue to rise in 2023?) Term to submit the income statement: August 2023Day Last two digits of the NIT9 01-0210 03-0411…