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El Salvador surprises JP Morgan with its growth
Written by Miguel Crespin
The US bank J.P. Morgan published a document where it points out that El Salvador has less and less risk of default, so it no longer depends on good economic conditions to meet its tax obligations.
Undersecretary Lago arrives in El Salvador to promote business alliances
Written by Miguel Crespin
The Assistant Secretary of International Trade, Marisa Lago, arrived in El Salvador to strengthen bilateral relations, encourage increased trade and investment, strengthen the business environment and promote U.S. business solutions for digital opportunities in Latin America.
Chinese fertilizer donation is tax exempt
Written by Miguel Crespín
With 70 votes in favor, the Legislative Assembly approved an exoneration to the Ministerio de Agricultura y Ganadería, so that it may exonerate the payment of taxes on the donation of 10,000 tons of fertilizers and 7,500 tons of cereals from the People's Republic of China.
Greg O'hara, new chairman of the WTTC board of directors; Australia to host next global tourism summit
Written by Miguel Crespín
At the closing of the 23rd Global Summit of the World Travel & Tourism Council (WTTC) in Kigali, Greg O'Hara, Founding Partner and Director of Certares, was appointed as the new Chairman of the organization's Board of Directors.
CABEI, European Union and German government promote the development of Green Credit Lines in El Salvador
Written by Miguel Crespin
In order to promote the creation of more financial products aimed at developing green credit lines for micro, small and medium enterprises (MSMEs), the Central American Bank for Economic Integration (CABEI), through the Green MSMEs Initiative II, which has the financial support of the European Union (EU) and the Government of Germany, through the KfW, signed a technical cooperation agreement with Banco Promerica, for an amount of US$20,000.00.
Storm Pilar could affect agricultural production
Written by Miguel Crespin
Storm Pilar is approaching El Salvador, which has generated that authorities and farmers' organizations in the country are alert for the losses that may be generated in the agricultural sector in different departments of El Salvador.
SISTEMA FEDECRÉDITO, as part of the celebration of World Savings Day, once again held the WORLD SAVINGS DAY CONGRESS with the aim of raising awareness among salvadorans about this habit.
CABEI reports 53% housing deficit in Central America
Written by Coralia Cuellar
Having an appropriate habitat that includes decent housing and living spaces that promote the inclusive development of communities in the countries of the region, greater well-being and poverty reduction, is a fundamental right for all people, but at the same time a challenge due to the qualitative and quantitative housing deficit.
Energy prices increase halted and 5% reduction approved
Written by Coralia Cuellar
The Comisión Ejecutiva Hidroeléctrica del Río Lempa (CEL) presented to the Legislative Assembly the proposed decree with transitory provisions to reduce the electric rate by 14%.