Economy

Iata warns about the consequences of raising VAT on air tickets – Sectors – Economy

Iata warns about the consequences of raising VAT on air tickets – Sectors – Economy

As a result of the increase in the prices that air tickets will have in Colombia due to a higher VAT from 2023, the International Air Transport Association (Iata, for its acronym in English) foresees a possible contraction of demand that could contribute to a loss of the socio-economic benefits that aviation brings to the country.For this reason, he called on the Colombian authorities to review the market conditions so that "the aviation sector and tourism do not lose competitivenessdynamism, and the strong recovery process they have had so far after the pandemic".Also read: Airlines would be willing to lay…
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Shortage of tickets in Bogotá terminals for the end of the year |  my finances

Shortage of tickets in Bogotá terminals for the end of the year | my finances

The shortage of tickets to destinations such as the Atlantic Coast, Cúcuta, Bucaramanga, Coffee Region, Medellín, Sogamoso, Villavicencio, Ibagué, Girardot and Fusagasugá was increased this end of the year, since the purchase of tickets electronically increased by 82%. (The reasons why air tickets would go up between 30% and 40%). The waiting time and availability of the tickets at this moment ranges between 12 and 24 hours. Due to this situation, the transport companies assure that they are trying to implement additional buses to solve the needs of travelers in these last days of the year and the beginning of…
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They seek to reactivate trains in the Colombian Pacific – Sectors – Economy

They seek to reactivate trains in the Colombian Pacific – Sectors – Economy

The National Infrastructure Agency, ANI, will carry out pre-feasibility studies for the reactivation of the Pacific Railroad Corridor from the Port of Buenaventura and its connection with the Central Railroad Corridor. The idea is that through an inter-administrative contract signed between ANI and Financiera de Desarrollo Nacional 24 billion pesos are allocated and for 15 months the pre-feasibility is evaluated to advance to the stage of designs and feasibility studies for a subsequent bidding process for awarding.In this way, municipalities such as Buenaventura, Dagua,La Cumbre, Yumbo, Cali, Palmira, Cerrito, Ginebra, Guacarí, Buga, San Pedro,Tuluá, Andalucía, Bugalagrande, Zarzal, La Victoria, Obando…
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Unemployment in Colombia fell in November: rate was 9.5% – Sectors – Economy

Unemployment in Colombia fell in November: rate was 9.5% – Sectors – Economy

The Dane revealed that by November 2022 the unemployment rate reached 9.5 percentwhich represents a drop compared to the 11.5 percent that occurred in the same month of 2021.(In addition: The usury rate rose and will be 43.26% in January) Similarly, the entity noted that the occupancy rate was 57.4 percent and the overall participation rate was 63.4 percent.Piedad Urdinola, the director of the National Department of Statistics, Dane, said that, in terms of gender, the gap continues to improve.By November 2022, the gap between the unemployment rate for women and that for men was 4.5 percent; this contrasts with…
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