The Superintendency of Banking Sector Institutions of Venezuela (Sudeban) announced that on Monday, May 18th, public and private sector bank branches will be closed due to the Ascension Day bank holiday.
The public is advised to take precautions, as with all national and bank holidays throughout…
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Venezuela
Urgent Care Network: Venemergencia advances in consolidating its efficient care model
Venemergencia, the leading private healthcare services platform in Venezuela, has consolidated its value-based healthcare model with its Urgent Care Network, which already has 7 of its own locations and 13 partner clinics, continuing its…
Venezuelan central bank projects single-digit inflation starting in May
The sustained slowdown in the Consumer Price Index (CPI) in Venezuela supports the recent statement by the president of the Central Bank of Venezuela (BCV), Luis Pérez, regarding single-digit inflation starting in May.
The sustained…
April inflation in Venezuela closed at 10 %
Data from the Central Bank of Venezuela on the Consumer Price Index (CPI) at the end of April places the indicator above 10 %, representing a slight decrease in inflation compared to previous months.
The regulatory body placed the…
Hyundai Venezuela’s double win: The Tucson is the Best SUV of the Year and its brand stand…
"At Hyundai, we believe that every experience is an opportunity to connect, innovate, and continue to move stories forward. Today we proudly celebrate an achievement that reflects precisely that," said brand representatives in Venezuela.…
Venezuelan government announces salary increase
Venezuela's interim president, Delcy Rodríguez, announced a minimum wage increase to $240 for both the public and private sectors.
She also announced an increase in the monthly pension payment, which will now be $70.…
International brands could boost franchise sector growth in Venezuela
The Venezuelan Franchise Chamber (Profranquicias) indicated during the Focus On! 2026 event that the sector could experience 15 % growth in Venezuela thanks to the impetus provided by international brands.
Business leaders who participated…
Investors from the United States, Asia, Europe, and the Middle East present projects to Venezuela
The president of the Caracas Stock Exchange, José Grasso Vecchio, stated in a radio interview last week that investors with concrete projects have arrived in the country from the United States, Europe, Asia, and the Middle East in order to…
Venezuelan petrochemical association proposes $10 billion investment in the sector
The Venezuelan Association of the Chemical and Petrochemical Industry (Asoquim) proposed a $10 billion investment in the sector over the next 10 years to strengthen activity in the country and boost national production.
Private capital…
John Barrett arrives in Caracas for a new phase of negotiations
The new U.S. Chargé d'Affaires in Venezuela, John Barrett, arrived in Caracas last Thursday, April 23, to assume his duties following the departure of Laura Dogu.
Upon arriving in Venezuela, the diplomat reaffirmed his commitment to…
Venezuela creates a commission to evaluate assets not needed by the State
Venezuela's interim president, Delcy Rodríguez, ordered the creation of a Special Commission to identify assets that are not essential to the State, in order to proceed with their liquidation and repurposing.
Considering that the country…
The 5th Social Dialogue Forum will be held in Caracas on April 28 and 29
The city of Caracas will host the 5th Social Dialogue Forum, which will take place on April 28 and 29, with the participation of representatives from the International Labour Organization, trade unions and other professional organizations,…