The executive vice president, Delcy Rodríguez, reported that taxes for some 597 imported products will be eliminated for "affecting" the production of national goods.
The decision focuses on "codes related to ifinshed products that may be affecting national production (...). It is a tax policy…
Read More...
Browsing Tag
Venezuela
The Tokyo 2020 Olympics came to an end
This Sunday, August 8, the capital of Japan said goodbye to the Tokyo 2020 Olympic Games, after 17 uninterrupted days of sporting excitement. This edition of the tournament, which is usually held every four years, was the "strangest"…
Avior opens a new service center
Avior Airlines announced the opening of its service center in Cancun, Mexico. It is an office with which the private airline, of the Venezuelan flag, hopes to provide better and more complete services to its customers, offering the…
Bancamiga expands the advantages of its cards for use in Venezuela and abroad
Bancamiga expands the services, International Cards
Seeking to satisfy the needs of customers is one of the objectives of Bancamiga Banco Universal when putting financial services and products of interest on the market. International,…
Venezuela, in search of an institutional agreement
Venezuela is in search of a new institutional agreement, which would allow to carry out a new impulse for the local economy.
The Venezuelan government is focused on this goal which hopefully could be achieved gradually, all thanks to the…
CBV increases commissions for different banking operations
The Central Bank of Venezuela (BCV) established between 3% and 4% the commission for withdrawing funds from foreign currency in cash, which will be paid in national currency at the exchange rate of the operation, while the sale of foreign…
PDVSA fully acquires Petrocedeño
This week the state company, Petróleos de Venezuela (PDVSA), acquired 100% of the shares of the company Petrocedeño, one of the most powerful mixed groups in Latin America.
Through his account on the social network Twitter, the Minister of…
Bancamiga extends closing hours at its points of sale
Bancamiga Banco Universal extended the automatic closing time at its points of sale until 11:30 pm, which will allow all transactions that have been made or processed before that time to be settled the next day in a single batch from at…
Bancamiga Exchange Desk achieved first place in June for volume traded
One of Bancamiga's most widely accepted products has been the Exchange Desk, a financial mechanism that operates as a kind of auction through which currencies can be bought or sold legally and transparently, without intermediaries or…
PDVSA showed a slight increase in its production
The oil economist, Rafael Quiroz Serrano, indicated that Venezuela produced 531,000 B / D in May, according to secondary sources related to the Organization of Petroleum Exporting Countries (OPEC), which represents an increase compared to…
Venezuela to open museum on bitcoin mining
Cryptocurrencies arrived on the Venezuelan financial scene almost a decade ago. Activities such as the purchase and sale of bitcoin, marketing and payments in said asset – the main cryptocurrency in the market – as well as the sending and…
Ricardo Hausmann: New technologies and added value will help Venezuela’s recovery
Only by adapting and controlling new technologies will countries be able to overcome the obstacles that impede their growth. This was stated by the economist and professor at the Kennedy School of Government, Harvard University, Ricardo…