The Daily Journal.— Venezuela’s acting President Delcy Rodríguez said Thursday that increases in workers’ compensation should outpace gross domestic product (GDP) growth starting in 2027, a directive she said she gave to the government’s economic team. “I have asked the economic team to ensure that, starting next year, any increase in workers’ compensation remains above […]
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The Daily Journal.— Acting President Delcy Rodríguez announced Thursday that her government is negotiating 44 additional agreements in the oil sector, which would add to the 61 already signed by state-owned Petróleos de Venezuela (PDVSA), bringing the total to 105 agreements so far this year. “In addition to the 61 agreements that PDVSA has already […]
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The Daily Journal.— Venezuela plans to add 7,400 megawatts (MW) of electricity capacity to the National Electric System (SEN) in the medium term through agreements signed this year with U.S.-based General Electric (GE) and Argentina’s Impsa, acting President Delcy Rodríguez said Thursday. Rodríguez announced Fedecámaras’ annual assembly, where she also said the government plans to […]
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The Daily Journal.— Venezuela’s non-oil tax revenue increased 22.6% so far in 2026, acting President Delcy Rodríguez said Thursday during the opening of the 82nd Annual Assembly of Fedecámaras in Caracas. Rodríguez announced during a meeting with business sector representatives that her administration plans to pursue a tax reform aimed at harmonizing the country’s tax […]
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The Daily Journal – The National Board of the College of Engineers of Venezuela and leaders of the Venezuelan Chamber of Construction held an institutional meeting this weekend and signed a joint document addressed to the relevant authorities. The document calls for implementing a proper methodology to manage the debris left by buildings that collapsed […]
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The Daily Journal. — Fedecámaras President Felipe Capozzolo stressed the importance of strengthening the production chains of the construction, apparel, and textile sectors to accelerate the rapid reintegration of everyone affected by the twin earthquakes that struck Venezuela on June 24. Capozzolo emphasized the need to guarantee housing and employment so people affected by the […]
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The Daily Journal — A delegation from Venezuela’s private sector held a high-level meeting in Berlin with the German Chamber of Commerce and Industry (DIHK). The main objective was to present Venezuela’s investment portfolio and the wide range of business opportunities currently available in the country. The German-Venezuelan Chamber of Commerce (AHK Venezuela) organized and […]
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The Daily Journal — The Venezuelan business delegation attending the 114th Session of the International Labour Conference of the International Labour Organization (ILO) in Geneva, Switzerland, presented an optimistic assessment on Friday regarding the country’s economic outlook. Fedecámaras President Felipe Capozzolo stated that the political transition that began earlier this year has created an unprecedented […]
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