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Pension Funds nominal return as of may 2022 averaged 3.89%.
Written by Evelyn Alas
The Asociación Salvadoreña de Administradoras de Fondos de Pensiones (ASAFONDOS), expressed through a statement on its Twitter account that the profitability of Pension Funds is positive. According to official data from the Superintendencia del Sistema Financiero (SSF), the average of the last 36 months recorded to may 2022 was +3.89%.
If you are a bricklayer, barista, seamstress, among other trades, you can apply for a temporary VISA to the U.S.
Written by Evelyn Alas
The United States embassy, informs through its twitter account to salvadorans who wish to work in this North American country, they can apply for a legal and temporary visa.
Exporters forecast US$7.6 billion in exports by the end of 2022
Written by Evelyn Alas
COEXPORT's Executive Director, Silvia Cuellar, expressed this morning that the institution foresees a good outlook in exports by the end of 2022, if companies make their best effort maintaining the 16.7% growth rate.
Salvadorans will have a relief due to decrease in residential electricity tariffs
Written by Evelyn Alas
From friday, july 15 until october 14, salvadorans will have an economic respite, due to a decrease in residential electricity tariffs, as confirmed by the Superintendencia General de Electricidad y Telecomunicaciones (SIGET).
MAG affirms that this year's coffee production is 1 million quintals
Written by Evelyn Alas
The interim minister of Agriculture, Enrique Parada, informed in a morning interview that the Ministerio de Agricultura (MAG) has a coffee sector whose production is 1 million quintals of coffee, the highest in the last 4 years.
Quick Commerce: the revolution that is here to stay
Written by Evelyn Alas
In 2020 the world changed. Many industries advanced decades of developments in just one year. E-commerce was one of them, which despite its consolidation in the Internet era, during the pandemic became the ally and "savior" of much of our daily consumer logistics.
The country has received US$1.189 billion in foreign currency from tourism
Written by Evelyn Alas
According to the minister of Tourism, Morena Valdez, the country has received US$1,189 million in foreign exchange, this is equivalent to an increase of 43%, compared to 2019, prior to the COVID-19 pandemic.
US$2.2 million a day is being saved by fuel price subsidy
Written by Evelyn Alas
The minister of Finance, Alejandro Zelaya, said in a press conference that, in the case of fuels, the salvadoran economy is saving around US$2.2 million per day, due to the subsidies implemented by the Central Government.
June saw US$585 million more in tax collection: Treasury
Written by Evelyn Alas
The minister of Finance, Alejandro Zelaya, informed in a morning interview that the country has an adequate level of tax collection, up to june 30, an additional US$585 million was obtained, above the amount collected by 2021, exceeding by 18% the projection made for this year.