Minister of Tourism highlighted that US$800 million in foreign exchange is projected by the end of 2021
Written by Alondra GutiérrezThe good positioning that El Salvador has obtained has allowed it to host the Junior World Surfing Championship in 2022 and the ISAWorlds 2023, affirmed the minister of Tourism, Morena Valdez.
Banco CUSCATLAN supports with US$150,000 to the 8 soccer teams of El Salvador
Written by Alondra GutiérrezBanco CUSCATLAN announced its sponsorship of US$150,000 dollars to the 8 national soccer teams of El Salvador. This is due to the effort that each of the selected teams puts in the different soccer games to put the name of El Salvador on high.
Treasury filed four new cases of alleged tax evasion before the Fiscalía General de la República (FGR)
Written by Alondra GutiérrezThe minister of Finance, Alejandro Zelaya presented four new cases for alleged tax evasion, amounting to $3,860,327 million, before the Fiscalía General de la República (FGR).
BANDESAL will present next week to the Assembly a reform for the subsidy to MSMEs in view of the increase in the minimum wage
Written by Alondra GutiérrezThe president of Banco de Desarrollo de El Salvador (BANDESAL), Juan Pablo Durán, informed that next week will be submitted the reform for the subsidy to micro, small and medium enterprises (MSMEs) as part of the support before the increase in the minimum wage for 12 months.
BANCO PROMERICA establishes alliance with FUNDEMAS to promote sustainability in the country
Written by Alondra GutiérrezOne of Banco Promerica's strategic pillars is profitable and sustainable growth; therefore, it has sought to establish an alliance with other entities with similar visions, such as Fundación Empresarial para la Acción Social (FUNDEMAS).
Disbursements under Bancolombia credit line total US$233.3 million
Written by Alondra GutiérrezThe objective of this line of credit is to leverage compliance with the Sustainable Development Goals (SDGs) and encourage clients to comply with annual Environmental, Social and Governance indicators by reducing the interest rate of the loan.
BAC Credomatic held its " Desarrollo Empresarial para Proveedores "
Written by Alondra GutiérrezIntegral development is an important part for the strengthening of the value chain in BAC Credomatic, for this reason they have an active listening to the needs of their suppliers, which allows them to know their needs, offering them solutions and necessary tools, through a unique experience, to achieve an adequate growth.
CABEI grants US$99,750 in non-reimbursable technical cooperation to support the implementation of the Bitcoin Law
Written by Alondra GutiérrezDuring the mission, the financing of the PRODEPORTE program was formalized and the approval of cooperation for the implementation of the Bitcoin Law was made official.
IMF Executive Board approves US$650 million DEG allocation
Written by Alondra GutiérrezIf such approval is received, the allocation of Derechos Especiales de Giro (DEG)will take place by the end of august.