Saturday, 03 February 2024 05:24

What are bonds and how do they work?

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A bond is a type of loan in which the bondholder lends money to a company or government.

 

The World Bank reports that closing the gender gap in employment could increase gross domestic product (GDP) per capita in the long run by an average of nearly 20% across all countries.

Tuesday, 30 January 2024 22:26

Coffee exports decline

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According to statistics revealed by the Banco Central de Reserva (BCR), more than 103,000 quitaries of coffee will not be shipped in 2023.

Tuesday, 30 January 2024 02:42

Bank mergers could face longer processes

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According to Bloomberg news media, bank mergers will have much longer processes, according to the OCC's proposal.

They say money doesn't buy happiness, but when it comes to your marriage, simply talking about money goes a long way. To get the conversation started, here's a list designed to help you and your partner budget happily ever after.

Monday, 29 January 2024 03:16

What is electronic invoicing?

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The simplest description of what is meant by electronic invoicing is given by its own name: It is an invoice that exists electronically and that fulfills, in all situations and before all actors, the same purposes as a paper invoice, both for issuers and receivers, as well as for interested third parties.

The Ministry of Finance has informed that individuals or legal entities, estates or trusts that withhold income tax are obliged to submit the "Annual Income Tax Withholding Report (F-910)", which contains the details of the individuals or legal entities to which withholdings have been made in the fiscal year 2023, according to the provisions of article 123 of the Tax Code.

The report of the Superintendencia del Sistema Financiero (SSF) indicates that, up to december 31, 2023, savings accounts in the banking sector show an increase of 4.3%, compared to the same date in 2022.

Wednesday, 24 January 2024 02:45

Banking fees for the use of ATMs

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The Superintendencia del Sistema Financiero informed on the rates, commissions and surcharges that banks, cooperative banks and savings and loan companies will apply to their financial products and services during the month of january.