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MOP to invest US$24.193 billion in package 4 of Periférico Gerardo Barrios
Written by Evelyn Alas
The Ministry of Public Works (MOP) is advancing in the construction of Package 4 of the Periférico Gerardo Barrios, which consists of the construction of two major bridges over the Río Grande de San Miguel and Río Taisihuat, with their respective connection works.
Family remittances increased 7.4% to january 2022
Written by Evelyn Alas
According to the Banco Central de Reserva (BCR), El Salvador received US$552.7 million in family remittances during january 2022, registering an increase of 7.4% compared to january 2021.
UNAC presents Public Procurement Procedures Manual
Written by Evelyn Alas
The Central Government, through the Ministry of Finance, presented to the different heads of UACIs, the new Public Procurement Procedures Manual.
Samson Mow seeks to expand possibilities offered by Bitcoin in agricultural production
Written by Evelyn Alas
The Consejo Salvadoreño del Café (CSC) highlighted that investor Samson Mow was visiting the country, precisely to seek opportunities with this agribusiness.
Uber and InDriver could be legalized in the country, but drivers would earn less
Written by Evelyn Alas
Transportation services through apps could be legalized in the country, generating reactions from drivers of such platforms.
CABEI came to the Treasury Commission to show progress in financing social programs
Written by Evelyn Alas
The Special Commission of Finance and Budget received representatives of the Central American Bank for Economic Integration (CABEI) to learn about the progress of financing for social programs and infrastructure works of the bank in the country.
Shares are securities representing the capital stock of a corporation. Their value can increase or decrease depending on economic factors of both the company and the country in general.
ASTIC calls for a day of "no mobilization" on february 28th
Written by Evelyn Alas
ASTIC's President, Raul Alfaro, said in a morning interview that he is calling the corresponding authorities and Salvadorans to a day of "No mobilization", on february 28, due to the recent increases in fuel prices.
El Salvador's credit rating downgraded to CCC on the Fitch Ratings scale
Written by Evelyn Alas
Fitch Ratings said that El Salvador's credit rating, downgraded to "CCC" from "B-" the country's long-term international issuer default ratings (IDR) have cited concerns over the use of Bitcoin as legal tender in the Central American country.