Economy

What will happen to products and services that increased with the 23% minimum wage? This is what is known

This February 13, 2026, the Council of State ordered the provisional suspension of the decree that set the minimum wage for this year with a 23% increase. The precautionary measure arises from the consideration that the National Government must justify with greater technical rigor the economic criteria used for such a large increase, granting a period of eight days to issue a new transitional decree.

Minimum Wage Suspension: 6 Things You Should Know and Why Monday Will Be the Key Day

More than 2 million Colombian workers were left in uncertainty after the State Council's decision to provisionally halt the ...

Texas oil rises 0.08% to $62.89 a barrel

West Texas Intermediate (WTI) crude oil rose 0.08% this Friday, to $62.89 a barrel, and closes the week with a loss of around 1%. At the close of the session on the New York Stock Exchange, WTI futures contracts for delivery in March added 5 cents of a dollar compared to the previous close. [...]

This will happen with the payment of severance pay and social security after the suspension of the minimum wage

The Council of State ordered this Friday the provisional suspension of the effects of Decree 1469 of 2025, through which the National Government had set a 23% increase for the minimum wage of 2026.

US inflation falls to 2.4% in January, moderating against forecasts

US CPI moderated in January to 2.4% year-on-year Photo: iStock

After the suspension of the minimum wage, what will happen to the transportation allowance?

The current transportation allowance is 249,095 pesos. Photo: Image generated with artificial intelligence-CHATGPT

The Barranquilla Carnival Nearly Quadruples Job Creation, Rising from 50,000 in 2023 to Over 193,000

Plaza Emprende is a Mallplaza initiative. Photo: GUILLERMO GONZÁLEZ/KRONOS

30 Containers of Venezuelan Coffee Exported to the USA

The ambassador of Grupo Botalón, Dayanara Gallegos, reported the start of the export of 30 containers of coffee from Venezuela to the United States. She also highlighted that between September and December 2025, 175 containers of coffee were sent, and this business group will begin exporting coffee to the Asian market. Gallegos mentioned that Venezuelan coffee is highly desired globally due to its great flavor and robust bean. Grupo Botalón collaborates with Venezuelan coffee producers to maintain the quality of the coffee, ensuring a high-quality final product with excellent flavor standards.

Monagas Real Estate Market Registers Price Increases of up to 50% and Increased Demand

Data from the Monagas Real Estate Chamber indicates that, so far this year, demand for properties has increased in the entity, with a rise of up to 50% in sale prices and up to 15% in rental prices. The president of the guild, Mary Piña, indicated that [...]

State Council's decision on minimum wage could have political use, according to José Manuel Restrepo

Portafolio Journalist 13.02.2026 15:31 Updated: 13.02.2026 15:31

Government won't back down? Minenergía requested a new decree for a minimum wage increase of over 23% and called for demonstrations to defend it

The Council of State provisionally suspended the 23% increase in the minimum wage. Photo: Istock

After suspension of the minimum wage, Fenalco will now attend the new negotiation table, did they have a change of heart?

Following the State Council's ruling that suspended the minimum wage increase for 2026, the Ministry of Labor convened a consultation meeting between business associations and labor unions. One of the novelties is that Fenalco will be present at this meeting.