Economy
Business Economy Tourism

Colombia Reverts Airline Tax Changes to Pre-Covid Levels

During the Covid 19 pandemic, travel restrictions were placed on many, if not most, countries worldwide. As an obvious consequence, industries that depend on people’s travels for their welfare were hardest hit. The airline industry was particularly hard hit, as they managed with notoriously slim profit margins even during regular times. One of the measures […]

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Business Economy

Minimum Wage in Colombia will Increase in 2023

The president of Colombia, Gustavo Petro, announced on December 15 that there will be a salary increase that will start next year. However, this measure will not benefit all sectors, but it will benefit many professions and workers. According to the Colombian president, the goal of this salary increase is to recover the economic power […]

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