What just happened, in one line and with a link to the source.
Bogotá will expand the use of the smart 'anti-fare-evasion' gates that already operate at 49 TransMilenio stations, according to Portafolio. The technology aims to control access to the city's public transport system and its use will be extended to other stations.
Read the flashPortafolioBogotá's Terminal will accept payment of the usage fee through the digital channel of Copiloto, CCO Credibanco's solution. According to the published information, Copiloto already operates payment solutions at four other terminals in the country, where more than 50% of operating payments are digital.
Read the flashLa RepúblicaEcopetrol declared void the process to purchase imported gas for the Pacific and Puerto Bahía regasification terminals. The company added that during this administration there has been a decline in the industry due to the lack of exploration of new fields.
Read the flashValora AnalitikGold is trading at US$4,171.65 per ounce, driven by falling oil prices, according to La República. The outlet notes that while gold is often seen as a hedge against inflation, rising interest rates reduce the appeal of this asset, which pays no interest.
Read the flashLa RepúblicaAt the start of the week on Monday, October 19, the euro registers a decline against the Colombian peso and trades at $3,557.80, according to Portafolio.
Read the flashPortafolioThe Representative Market Rate of the day in Colombia is 3,174.67 pesos, according to the information published on the dollar's quotation this Monday, October 19.
Read the flashPortafolioThe president of Asocajas said in an interview that the Family Compensation Funds are one of Colombia's main social assets. She highlighted the System's contribution to family welfare and the opportunities to strengthen its role amid the country's transformations.
Read the flashValora AnalitikBrent crude futures fell US$1.98, or 1.8%, to US$107.88 a barrel in a session marked by the lifting of US sanctions on Russia, according to La República.
Read the flashLa RepúblicaColombia's Congress has until tomorrow to approve the 2027 budget. The corporation's General Secretariat called a new session for this Monday, October 19, at 10:00 a.m., according to La República.
Read the flashLa RepúblicaChina's economy grew 4.5% year on year in the third quarter, slightly above expectations, according to Valora Analitik. The figure comes in a premarket session in which investors are preparing for a week of corporate earnings and oil prices are falling.
Read the flashValora AnalitikPharmaceutical company Cimed has begun the international expansion of its Carmed brand with its entry into Portugal, Bloomberg Línea reported. The brand's lip balm is a sales success among children and teenagers. Company vice president Karla Felmanas said Latin American markets are the brand's "natural route".
Read the flashBloomberg LíneaNubank launched an artificial intelligence tool that analyzes its clients' portfolios and suggests adjustments based on five criteria, without executing investments automatically. With it, the digital bank aims to expand its investment business in Brazil.
Read the flashBloomberg LíneaThe Colombian subsidiary of Mexican neobank Kapital will be able to incorporate in the country as a financing company. The firm plans to expand its capabilities to offer financing to companies and entrepreneurs.
Read the flashValora AnalitikGreater reliance on the thermal park and a rise in demand during the Christmas holidays will pressure Colombia's electricity system, according to La República. That scenario, together with the El Niño phenomenon, would push the price of a kilowatt above $800.
Read the flashLa RepúblicaBuying a home to rent it out in Spain can generate returns of up to 9.2%, according to a list from fotocasa. The highest returns on the list are concentrated in several provinces in Spain's interior, according to the real estate portal.
Read the flashLa RepúblicaLiliana Gil, member of RCN's Board of Directors and co-founder and CEO of Culture+ Group, said artificial intelligence allows the creation of products that would previously have cost a lot, and that this technology democratizes innovation.
Read the flashLa RepúblicaCarlos Valencia, TransUnion's regional president for Latin America, said financial fraud victims reported average losses of $6 million. He said that over the past year about 7.2% of accounts created show signs of suspected fraud.
Read the flashLa RepúblicaColombian housing cooperatives (copropiedades) invested around 1.836 billion pesos in Fincomercio CDs, according to the outlet La República. Copropiedades can invest in Fincomercio from 1 million pesos, withdraw the funds at any time and choose their preferred terms.
Read the flashLa RepúblicaCopropiedades invested about 1.836 billion pesos in Fincomercio's Cadt, according to the entity. Residential complexes can invest from 1 million pesos, withdraw the funds at any time and choose among different terms.
Read the flashLa RepúblicaCatalina Riveros, manager of Nucita, said the brand sells 435 million units annually and that, from its plants in Colombia, it exports to 15 countries. The company marks half a century in operation and its strategy relies on nostalgia as a business driver, according to La República's report.
Read the flashLa RepúblicaSmall-ticket loans in Colombia show average interest rates starting at 41%, according to La República. Neobanks and digital wallets compete in this lending segment, and Nequi, Banco Falabella and Nu Colombia offer the lowest rates.
Read the flashLa RepúblicaThe director of the National Planning Department, Julián Buitrago, said the entity identified about 320 regional macro-projects that would add up to more than COP 520 trillion. Buitrago also referred to the time the entity has to build the four-year roadmap.
Read the flashLa RepúblicaMiguel Caballero, founder and CEO of MC Armor, discussed demand for armored protection in the local market and the investment he plans for the company's factory in Cota. The Colombian company will sell more than US$50 million in its armored clothing line, according to the interview published by La República.
Read the flashLa RepúblicaDataCrédito warned that one of the biggest myths about the entity is believing that having a credit history amounts to a negative report. The company listed five myths it says are worth knowing in order to manage credit life effectively.
Read the flashLa República
