Colombia has experienced a significant increase in remittances since 2019, positioning the country as a top performer in Latin America. The Banco de la República’s recent blog post highlights this growth and its impact on the Colombian economy. Remittances to Colombia have grown by 42% since 2019, reaching unprecedented levels. This increase, while substantial, falls […]
Related Posts
Allos Unveils Dividend Payout and Share Buyback Program
Allos, the Brazilian real estate company and a key player in shopping centers, has announced a significant financial move. The company’s Board of Directors has approved a dividend payout totaling R$150 ($27) million. This decision comes alongside a new share buyback program targeting up to 4.1% of outstanding shares. The dividend distribution will occur in […]
Manufacturing Employment in Mexico Faces Prolonged Decline
For 18 consecutive months, manufacturing employment in Mexico has experienced a steady decline, indicating a faster cooling of the sector compared to production levels. In August 2024, employment within the transformation industry fell by 0.3% from the previous month. It also decreased by 2.3% compared to August 2023. This trend has persisted since March 2023, […]
Argentina Overhauls Tax Collection Agency in Bold Cost-Cutting Move
The Argentine government has taken a decisive step to streamline its tax collection system. On Monday, officials announced the dissolution of the Federal Administration of Public Revenue (AFIP). This long-standing institution will be replaced by a new entity called the Revenue and Customs Control Agency. The government spokesperson, Manuel Adorni, shared this news during a […]