financing Archives - The Daily Journal

Private industrial sector grew 8.1% in the first half of 2026

August 20, 2026August 20, 2026Tatiana Da GamaLeave a Comment

The Daily Journal.- Venezuela’s private industrial sector recorded 8.1% year-over-year growth in production volume during the first half of 2026, driven by gains of 9.9% in the first quarter and 6.5% in the second quarter, the Venezuelan Confederation of Industrialists (Conindustria) reported as it presented its Industrial Economic Survey for the second quarter of 2026 […]

Private banks waive point-of-sale transaction fees for 90 days in La Guaira

July 16, 2026July 16, 2026Tatiana Da GamaLeave a Comment

The Daily Journal. — Three weeks after the earthquakes that struck north-central Venezuela, the Venezuelan Banking Association (Asobanca) announced financial relief measures for businesses in La Guaira state. The banking association reported that about 40% of the 12,300 point-of-sale terminals operated by private banks in the state are currently processing commercial transactions. According to Asobanca, […]