Economy

The announcement of the national government that a permanent tariff of 40 percent is established on imported clothing, the maximum consolidated allowed by the World Trade Organization (WTO) and that had been established in April 2021, but was valid for two years. But unions like the National Federation of Merchants, Fenalco, and the National Association of Foreign Trade, Analdex are against the measure.The president of Fenalco, Jaime Alberto Cabal, said that the proposed measure is a setback that will affect Colombian consumers."The imposed tariff of 40 percent is a setback within globalization and the economic opening of the country and…

This Tuesday, December 20, the deadline for companies and employers in the country to pay their employees the year-end bonus, also known as the Christmas bonus. (Calculate how much premium you should get). Those who do not make the payment of this benefit or do not do so in a timely manner on the set date, may entail restrictions contained in the law, of up to 5000 Current Minimum Legal Monthly Wages.Employees who do not receive the premium may file a lawsuit before a judge, which could order the payment of the due benefit and even a possible penalty for…

Based on an analysis of the data from its platform, the Colombian-Mexican proptech La Haus revealed the proportion between homes purchased with investment fines and those purchased with the objective of being inhabited in the regions with the greatest real estate activity in Colombia. (The cancellation of new housing projects increases). As a result, compared to the national panorama, it will be prolonged that 21.28% of buyers acquire a property with the aim of investing, while 78.72% do so with the purpose of living in it.Antioquia, Bogotá, Caribbean and Valle del Caucawere the areas taken as a statistical sample.Likewise, the…

One of the most frequent resolutions among Colombians each beginning of the year has to do with the purchase of a home. (Alternatives to pay the down payment of a house). The first big step to achieving this goal is collecting the down payment, which can also become the first big hurdle if you don't have a plan that will allow you to carry out this plan.Usually, the only resources that people believe they have for a down payment on a home are their severance pay and, of course, their savings, which can be in CDT or in a 12-month…

In order to damage enough to the high evasion and fraud in the Compulsory Traffic Accident Insurance (Soat), the Government prepares a thorough surgery to attack this scourge, which guarantees the sustainability of this model. (The changes that the Soat will have in 2023 to correct its gaps). After the 50% discount of this policy for some vehicles came into force, the authorities will analyze how to make this model more viable and that they guaranteed coverage and also its financing. According to official calculations, insurers, of every 100 pesos they receive, extend 52% every two months to the Directorate…

Jaime Dussán, current president of Colpensiones, explained, this Saturday, December 24, the objective that the National Government has with the pension system Colombia and what would be done with the resources they have from savings. (See: What Petro thinks about raising the pension age in Colombia).The first thing I make clear is that The pension reform will take place in 2023 and would be focused on consolidating a single system for the country.He also said that they will look for a transition regime so that more people are listed in Colpensiones.Faced with the latter, he commented that they are devising…

Labor vacations are a right guaranteed by the Colombian Constitution and the Substantive Labor Code. The regulations establish that employees must enjoy, annually, 15 days of paid vacation. (Read: These are some rates and values ​​that would no longer go up with the minimum). Likewise, the worker can accumulate a part of this rest period if he reaches a prior agreement with the worker. Now youKeep in mind that vacation accrual is only possible for two years. For workers who decide to accumulate three or more vacation periods, they run the risk of their prescription. In accordance with article 488…

The use on pension savings in the country it is once again the focus of debate after the statements by Jaime Dussán, president of Colpensiones. The official assured that these resources could be used to finance projects such as infrastructure "such as the train between Buenaventura and Barranquilla."(Read: Colpensiones: criticism for the use that would be given to pension savings). In addition, that in the future the entity could be a first or second tier bank: "first and second tier banking, in such a way that it gives us the possibility of making investments that will be much more profitable…

In full December 24, Jaime Dussan, President of Colpensions, He spoke about the pension reform in the country and about the resources of the system. (See: Pension savings would be used to make the Buenaventura - Barranquilla train).He confirmed that the reform was carried out in 2023 and, among other things, gave a statement on the use of pension savings, which has generated much controversy.Specifically, he said, first, that the changes that are planned to be made would be focused on creating a single pension system for the country, looking for a transition regime so that more people contribute to…