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Decrease in maquila exports and imports of oil derivatives by 2023
Written by Denis Muñoz
The most recent report of exports and imports of the Banco Central de Reserva, indicated a considerable reduction in maquila exports reaching a decrease of 23.1% and a downward variation in imports of oil derivatives by 6.9% at the end of 2023.
Customs has invested US$40 million in infrastructure and technology
Written by Karla Gutiérrez
During a television interview, the director general of Customs, Benjamín Mayorga, reported that US$40 million has been invested in infrastructure and technology.
Cloned websites: The new scam affecting the economy
Written by Denis Muñoz
It is becoming more and more complicated to keep your money safe. In recent months, fake stores that imitate prestigious brands have grown considerably.
Secmca points out that El Salvador is the second country to generate energy from renewable sources
Written by Karla Gutiérrez
According to an analysis by the Secretaría Ejecutiva del Consejo Monetario Centroamericano (Secmca) El Salvador ranks second among countries in generating energy from renewable sources within its energy matrix in Central America and the Dominican Republic.
Coffee from El Salvador will be promoted in "Pacamara Week", a day that, for the first time, will take place from january 22 to 28 in Japan, a destination where our diplomatic representation and the Instituto Salvadoreño del Café are working to promote the properties of our beverage.
Defensoría del Consumidor registers decrease in corn and beans prices
Written by Karla Gutiérrez
During a television interview, Ricardo Salazar, President of the Defensoría del Consumidor, stated that after the inspections carried out in different establishments to verify the prices of essential products of the basic food basket, it was possible to see a decrease in the costs of some of the food products.
CEL teams performed the transformer replacement
Written by Karla Gutiérrez
Today, the teams of the Central Hidroelectrica del Rio Lempa (CEL) replaced the power transformer of unit number 3 of the Central Hidroelectrica 5 de Noviembre.
SC begins analysis of IBW purchase request by Telefonica
Written by Karla Gutiérrez
The Superintendencia de Competencia (SC) admitted the process for the request for authorization of economic concentration filed by Telefónica El Salvador to acquire IBW El Salvador, thus initiating the technical, economic and legal analysis that will determine whether or not the transaction will cause a significant limitation of competition, under the terms of art. 34 of the Competition Law.
CABEI achieves milestone with largest bond issue in its history
Written by Denis Muñoz
The Central American Bank for Economic Integration (CABEI) achieved a historic bond transaction with a 3-year maturity of US$1.35 billion, highlighting the institution's financial strength and its growing presence in global capital markets.