Economy

Spending Reduction: A Difficult Goal for the Petro Government's Financial Plan Accounts

The reduction of spending is an important necessity in public accounts. Photo: Image generated with artificial intelligence.

"We are becoming de-capitalized": Producers denounce a 55% drop in the price of milk

Dairy producers from Barinas and the Andean Axis of the country warn that, in recent weeks, receiving companies and the dairy industry have reduced the amount they pay per liter of milk at the farm gate by up to 55%, from 0.78 dollars to 0.35 dollars per liter. Banca y Negocios Representatives of these producers [...]

Government intensifies fiscal control: Dian will carry out operations in thousands of establishments throughout the country

The event will take place on March 13 and 14. Photo: Image generated with artificial intelligence-CHATGPT

Banca y Negocios

The Venezuelan automotive industry is undergoing an unprecedented metamorphosis that has redefined the dynamics of consumption, production, distribution, and sales in the country. After a decade of severe contraction, the market has re-emerged under a radically different paradigm than the one that predominated until a few years ago. By Jean Carlos Manzano G. / Banca y Negocios The analysis of recent indicators reveals that this recovery is, in large part, driven by Chinese brands whose presence has consolidated in the last five years and aims to expand.

Copa Airlines announced reactivation of night route between Panama and Caracas

Copa Airlines announced on March 12 the reactivation of a night frequency on the route between Panama City and Caracas

Wall Street pressured by rising oil prices

New York Stock Exchange closed lower on Thursday, still weighed down by the Middle East conflict and rising oil prices, which rekindled fears of an inflationary push. AFP The Dow Jones index fell 1.56%, the tech Nasdaq 1.78%, and the broader S&P 500 index retreated 1.52%.

Family basket in Colombia becomes 1.8% cheaper, although fresh foods still increase spending

Food basket in Colombia. Photo: Image generated with artificial intelligence-CHATGPT

Brent crude oil barrel closes above $100 for the first time since 2022

The Brent crude barrel, an international benchmark for oil, closed Thursday above $100, an unprecedented event since August 2022, at the end of a session marked by concerns related to the war in the Middle East. AFP The price of the Brent barrel jumped 9.22% to $100.46 [...]

Dollar in Colombia rebounded this March 12 and closed with a drastic change in price

The price of the dollar in Colombia registered movements again during the exchange trading day this Thursday, March 12, 2026.

Will pensioners receive a 'dignified salary that covers the basic family basket from March 2026'?

On social media, it is circulating that retirees and pensioners will receive an adjusted payment, but it is false because no official announcement has been made.

Companies recognized as the best places to work for women in Colombia

Portafolio Journalist 03.12.2026 12:50 Updated: 03.12.2026 16:38

Venezuela Returns to Business Radar, But Market Remains Conditioned and Requires Prudence, Warns AmCham

Ten weeks of regulatory and political changes are beginning to influence the economic conversation about Venezuela. Photo: AFP