Tag: fenalco

By 2023, 205 thousand new vehicles will no longer be sold in Colombia

By 2023, 205 thousand new vehicles will no longer be sold in Colombia

In light commercial vehicles 4,776 were sold and for every 100, 38 are from the Chevrolet brand, 32 from Foton, 12 Jac, 5 Hino and 5 from Dongfeng. 98% of these food transport vehicles are mobilized on an ACPM basis and only 0.7% are electric. 30% of light freight vehicles were sold in Funza, Medellín […]

43% of families spend up to $500,000 on school supplies and uniforms

43% of families spend up to $500,000 on school supplies and uniforms

According to the results, 43% of families with children in the school, school or University; You spend between €300,000 and €500,000. 22% will invest up to $300,000; 19% will allocate between $500 and $700,000 and 16% more than $700,000. Additionally, parents reported that the supplies they most often purchase are pencils and pens (30%), notebooks […]

Merchants in the country insist the national government is stigmatizing them

Merchants in the country insist the national government is stigmatizing them

“We welcome the academic debate, with true facts and well-substantiated figures, but without ideological biases and tendentious interpretations against the Colombian business fabric‘, said the union leader. The document of Treasury revealed that data on the effect of corporate profits on inflation, refers to recent studies and statements from the European Central Bank and the […]

December failed to save trade sales in 2023

December failed to save trade sales in 2023

The most recent research from the Economic logbook by Fenalco shows that for 80% of entrepreneurs, turnover was comparable or decreased, compared to the same month of the previous year. After pointing out that there was a decline in sales over the twelve months, the chairman of Fenalco, Jaime Alberto Cabalemphasized that despite the festivities […]

The minimum wage in Colombia is determined by decree and no agreement has been reached

The minimum wage in Colombia is determined by decree and no agreement has been reached

Now the responsibility lies with President Gustavo Petro, who will have to be very balanced in defining the oil price increase by decree minimum wage from 2024 and taking into account that businessmen insist that the increase should be in accordance with the economic situation of the country. Fabio Arias, president of the Workers’ Unitary […]

Fenalco and CUT show their differences in the 2024 minimum wage table

Fenalco and CUT show their differences in the 2024 minimum wage table

After learning on Tuesday that employee representatives in the country are proposing an 18% increase, Jaime Alberto CabalPresident of National Federation of MerchantsFenalco described that the proposal had no technical basis. “Well, the truth is that the proposal made by the unions yesterday doesn’t make much sense. Yes, there is harmony, because we all want […]

“The government is deaf to the collapse of the economy”

“The government is deaf to the collapse of the economy”

Q. What is the shock plan you have proposed to the national government to improve the economy? R. Together with the Guild Council we have proposed some plans. Firstly, we are now seeing that government spending is not happening at the pace it should, but is also being focused on more social issues and subsidies. […]

The automotive market is expected to be reactivated with electric vehicles

The automotive market is expected to be reactivated with electric vehicles

Hilder Martinez Boterocommercial manager of Toyota Automercantil, says that integrated cars are accepted and ordered because in large cities the peak and license plate fleet measures do not cover these types of vehicles with zero CO2 emissions. “There has been a decline of no less than 35% in the sector us recovery For the brand […]

Trade achieved the worst result of the year in October, Fenalco indicates

Trade achieved the worst result of the year in October, Fenalco indicates

For their part, the archives of the shopping centres on the income of consumers showed a decline of more than 12% in October, while the value of shop really with electronic money, especially with Credit cardsit is reduced. Semi-durable and durable goods suffer from a real problem to collapseonly comparable to the worst moment of […]

Trade increases sales expectations for love and friendship

Trade increases sales expectations for love and friendship

Two dates determine sales merchants in Colombia: Mother’s Day and day of love and friendship. Regarding this last date planned by the sector for the following weekends of September, Fenalco her research shows that for every 100 Colombians, 84 will celebrate the day, indicating an increase of 5% of the population compared to 2022. As […]

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