The National Hydrocarbons Agency (ANH) reported that average production of commercialized gas in April 2023 showed a 6.54% decline compared to the same month of 2022 (1,028 million cubic feet per day versus 1,100 mcfd). Compared to March 2023, the average production of commercialized gas in the fourth month of the year registered a decrease […]
Tag: Economy
ACM estimates a production of 71.9 million tons of coal in 2023
In accordance with Juan Camilo Narinochairman of the ACM, said production is expected to increase by 10% compared to 2022, when it reached 64.9 million tons. In this sense, the union leader confirmed that exports of the mining sector reached $4,962 million in the first quarter of the year, which is $1,210 million more than […]
Italy is growing faster than France and Germany. Istat data silence the left
Italy’s economy grows faster than Paris and Berlin. “In the first quarter of 2023, GDP increased quarterly by 0.3% in the United States and 0.2% in France, while it fell by 0.3% in Germany”, says Istat, which today released the Quarterly Economic Accounts for the first quarter 2023 on GDP, added value, consumption, investments and […]
Italians chose Pos
Goodbye cash, or almost. The latest statistics from the Bank of Italy clearly show how digital and electronic payments are increasingly used by Italians. The merit of the new trend lies in the laws supporting the digitalization of the money exchange that have been approved in recent years, such as traceability of wire transfers, POS […]
The presentation of the pension reform maintains the pillars and proposes certain changes
The pension reform note maintains the pillar system initially proposed and introduces some changes, such as the age of women who will receive the basic income, which drops from 65 to 60 years. For example, the Integrated Social Security for the Elderly consists of the Solidarity Pillar, the Semi-Premium Pillar, the Premium Pillar, which consists […]
Viva Air has entered into a corporate reorganization, the Supersociedades confirm
Meanwhile, the airline informed Ultra Air Supersociedades on March 9 of its intention to participate in the reorganization process. To date, the 10-day deadline stipulated in Articles 14 and 15 of Law 1116 of 2006 for the company to submit the documentation requested on request dated May 29, 2023, which will take place on June […]
The cap rate for credit cards will be reduced to 44.64% in June
The usury rate, the maximum that banks can charge for purchases with credit cards or regular credit, falls again for the month of June and amounts to 44.64% effective per year. The cut equates to a 77 basis point decline from May this year, when it was 45.41% year over year. The rate certified by […]
ANH president was due to resign after presenting a reserve report
After the publication of the National Hydrocarbons Agency’s (ANH) long-awaited report on Colombia’s oil and gas reserves in 2022, which showed a decrease in both cases, the version that the exit would take place in a few days is gaining momentum. from the president of the entity, Clara Liliana Guatame. Andrés Camacho, adviser to the […]
Should Colombia continue to support the orange economy?
One of the most important flags in the former president’s administration ivan duke It was the so-called “orange economy” or creative economy that encompassed all sectors of the cultural industry. According to data from the Unesco – United Nations Educational, Scientific and Cultural Organization – the creative economy represents 3% of global GDP -gross domestic […]
Avianca opens call to take 730 jobs
Avianca announced the opening of a call for 730 vacancies in operational and technical functions that may be required in its operations in Colombia and El Salvador. According to what the airline has explained, the previous experience of the candidates in said markets will be valued and priority will be given to the talent of […]