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Mario Ernesto Méndez Alvarado to be the new Superintendent of the SSF
Written by Evelyn Alas
The Superintendencia del Sistema Financiero (SSF), informed that Mario Ernesto Méndez Alvarado will now be the new Superintendent who will be in charge of promoting the economic welfare of salvadorans.
Surf City will seek to reactivate tourism in Costa Rica
Written by Evelyn Alas
Surf City, one of the projects in El Salvador to promote domestic tourism and attract foreign tourists, has been positioned due to the recent business meeting held with salvadoran and costa rican businessmen in Costa Rica.
MAG seeks US$650 and US$640 million in financing to invest in agriculture and coffee sector
Written by Evelyn Alas
The minister of Agriculture and Livestock, David Martinez, informed in an interview about the investment planned by MAG for the agricultural and coffee sector.
25 lb. Liquefied Gas Drum to go up US$0.15 ctvs for the month of september
Written by Evelyn Alas
The Ministry of Economy informed about the new increase of liquefied gas that will go up from +$0.21ctvs to +$0.12 in the presentations of 35, 25, 20 and 10 pounds
ECLAC updated its economic growth report and indicates that El Salvador will increase 7.5%.
Written by Evelyn Alas
The Comisión Económica para América Latina y el Caribe de la Organización de las Naciones Unidas (CEPAL), indicated in a report updating the economic growth for El Salvador and the region that will rise to 5.9% this year, due to a rebound effect after the sharp drop caused by the Covid-19 pandemic.
South Korea and IDB extend credit line for Latin America from $300 million to $500 million
Written by Evelyn Alas
South Korea has signed an agreement to expand a joint credit line program with the Inter-American Development Bank (IDB) to support infrastructure development in Latin America.
Economic recovery continues in Latin America thanks to sales according to Gfk report
Written by Evelyn Alas
GfK, a global consulting firm that offers knowledge from data and insights, along with advanced Artificial Intelligence capabilities, presented its latest report "Weekly trends and outlook for the technology and durable goods market" in which it highlights the economic reactivation in Latin America, thanks to the continued growth of sales that register an approximate growth between 2 to 34%, compared to 2020.
US$9 million destined for the reactivation of MSEs
Written by Evelyn Alas
Banco Hipotecario (BH) and the Comisión Nacional de la Micro y Pequeña Empresa (CONAMYPE) signed an agreement for the administration of the Fondo de Emprendimiento y Capital de Trabajo (FECAMYPE).
Assembly opens portal for complaints about interest rates and credit card commissions
Written by Evelyn Alas
The Deputy of Nuevas Ideas and President of the Financial Commission, Dania Gonzalez, informed that the Legislative Assembly enabled a space for citizen consultation to know the opinion about the products and services of the financial system.