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Corn production exceeds 17 million quintals projected for 2023
Written by Evelyn Alas
The Ministerio de Agricultura y Ganadería (MAG) is expanding its scope of action to stimulate greater food production, which may even contribute to price stabilization.
Agroindustry, construction and tourism could drive Central America's economy by 2023
Written by Evelyn Alas
A new study by the Inter-American Development Bank (IDB) identifies the sectors with the greatest potential to generate employment and growth in Central American countries, Mexico, Panama, and the Dominican Republic.
US$6 million to be invested in expansion of container yard at the Port of Acajutla
Written by Evelyn Alas
According to the Comisión Ejecutiva Portuaria Autónoma (CEPA), on september 8, 2022, the expansion of 21,456 square meters of the container yard of the maritime terminal, through which most of the raw materials and finished products enter and leave the country, began. To date, this project is 71% complete.
Deadline for filing income tax returns is tuesday, may 2
Written by Evelyn Alas
The Ministry of Finance, through the General Directorate of Internal Taxes, calls on taxpayers to file their Income Tax Return through the website www.mh.gob.sv
Arabica coffee prices fall in relatively stable session to US$175.60
Written by Evelyn Alas
According to the Consejo Salvadoreño del Café (CSC), Arabica coffee prices decreased this wednesday in a relatively stable session. The activity revolves around the change of contract to may/23 that will take place next february 17, prices traded in the narrow range of US$3.30. The high for the day was at US$177.60 and the low was at US$174.30.
US$7 billion in foreign currency exports closed 2022: MINEC
Written by Evelyn Alas
The minister of Economy (MINEC), María Luisa Hayem, said that the country has seen an increase in exports compared to previous years.
San Salvador received the most remittances of US$1,580.7 million in december 2022
Written by Evelyn Alas
According to the director of Economic and Fiscal Policy of the Ministry of Finance, Luis Sanchez, explained that the Banco Central de Reserva (BCR) projections, for december of this year we estimate to have US$7,943 million in remittances. That is, US$201 million more than in 2022.
Salvadoran economy could grow 1.3% in 2023 according to economist Mauricio Choussy
Written by Evelyn Alas
In a morning interview, economist and former president of the Banco Central de Reserva (BCR), Mauricio Choussy explained that El Salvador will grow this year, but it will slow down, reaching a Gross Domestic Product (GDP) of 1.3%.
Arabica coffee futures down on speculative selling pressure and dollar appreciation
Written by Evelyn Alas
Arabica coffee prices registered a drop of US$5.10 in the march 23 position. At the base of the market behavior is the speculative liquidation in search of profits.