Economy

Criticism of the new wealth tax: citizens would bear the cost

The Government announced that it will revive the wealth tax for companies with assets exceeding 10,400 million pesos, as part of the measures within the economic emergency it is preparing due to the winter wave. According to experts, this decision could have negative effects on investment and employment.

Used Car Sales Break Records in Colombia, Sector Projects Growth in 2026

The transformation of the used vehicle market in Colombia is no longer a promise, it is a reality.

By order of Minambiente, hydroelectric plants will transfer an additional 2% of energy sales from generation

Hydroelectric plants in Colombia will have to pay 2% more of their sales. Photo:

Subsidy Payment Dates Changed: Here's How Colombia Mayor, Renta Ciudadana, and Renta Joven Will Be Affected

The Department of Social Prosperity announced changes to the payment schedule for several subsidies, a decision aimed at adjusting to the start of a new operational contract that guarantees the delivery of resources nationwide.

Banco Contactar to Debut with Sustainable Bond Issuance This Year

John Linares, president of Banco Contactar. Photo: Courtesy

Government sets a temporary wealth tax of 0.5% and 1.6% for the financial and mining-energy sector

Portafolio Journalist 02/24/2026 17:44 Updated: 02/25/2026 06:20

Superfinanciera revealed the banks with the most complaints in 2025: official report

The Superintendencia Financiera de Colombia presented the balance of complaints in the banking system as of 2025, and the results ignited debate over several failures.

'We were not charged in Chile for two blocks of investigation': ISA CEO regarding the blackout a year ago

Jorge Carrillo, president of ISA, speaks about the Chile blackout. Photo: Courtesy: Miltón Díaz, El Tiempo

Texas oil falls 1.03%, to $65.63 a barrel

The price of West Texas Intermediate (WTI) crude oil fell this Tuesday by 1.03%, to $65.63 a barrel, with an eye on the United States and Iran and a possible agreement between the two countries. At the end of the session, WTI futures contracts for delivery in April were down 68 cents compared to the previous day's close. [...]

Sanautos Dealership Opens New Renault Showroom in Morato Sector, Northern Bogotá

Portafolio Journalist 02.24.2026 15:47 Updated: 02.24.2026 15:47

Petro Government Announces New Tax Amid Economic Emergency

From Cartagena, where Colombian President Gustavo Petro leads a new session of the Council of Ministers, Finance Minister Germán Ávila announced the issuance of a new decree that creates taxes within the framework of the economic and social emergency declared due to the heavy rainy season that has affected several regions of the country.

How Much Do the Most Consumed Proteins Cost in Caracas in 2026

In Caracas, buying proteins usually involves comparing prices between different establishments.