July 11, 2023. In a joint report released by the Economic Commission for Latin America and the Caribbean (ECLAC) and the International Labour Organization (ILO), the latest analysis of the employment situation in Latin America and the Caribbean reveals that the region’s main labor indicators have returned to pre-pandemic levels. While this marks a positive…
The recent decision of the Board of Directors of the Banco de la República (Colombia’s Central Bank) to maintain the monetary policy rate unchanged at 13.25% requires careful analysis from an economic perspective that emphasizes individual freedom, free markets, and limited government intervention. This article will examine the elements considered by the Board in reaching…
This milestone marks the evolution of SURA AM’s investment and asset management business, reinforcing its regional presence in 6 countries and extending its global reach. This process will enable the offering of financial products for individuals, companies, and institutions, representing a total of USD 18 billion in assets under management. With a presence in Chile,…
The Banco Central de la República Dominicana (BCRD) recently reported a significant increase in remittances to the Dominican Republic, reaching approximately $4.2 billion in the first five months of 2023. This represents a 2.9% growth compared to the same period in 2022. The positive trend continued in May 2023, with remittances totaling $881.1 million, marking…