News

El Salvador: How to Finance Airport Expansion

November 18, 2015

International loans, public-private partnerships and now a securitizations are options that have emerged in recent years to fund the expansion of the capital's airport, which so far have remained on paper.
After raising the idea of a public

Central America: A Single Customs Territory

November 18, 2015

An urgent call is being made for greater efforts to be undertaken between Guatemala and Honduras and between Panama and Costa Rica, with the ultimate goal of creating a much needed Customs Union.
From a statement issued by the Federation of

Sale of Citi El Salvador to Terra Group

November 18, 2015

It has emerged that the operation may include the insurance company SISA, and that the transaction may be worth $180 million.
 
An article on Elmundo.sv reports that "... Almost a year after announcing its departure from the retail

U.S. Energy Cooperation With Central America Bears Fruit

November 18, 2015

Last week, officials from the United States and Central America met in El Salvador to discuss energy cooperation, including developing a regional energy market. In an email interview, Alexis Arthur, an energy policy associate at the Institute of

How the TPP Could Disrupt U.S. Aid Plans in Central America

November 18, 2015

During his remaining time in office, U.S. President Barack Obama is pushing hard to finalize the Trans-Pacific Partnership (TPP), the major free trade deal between the United States and 11 Pacific Rim countries. The Obama administration is also

Oscar Romero and the poor

November 6, 2015

The Archbishop of San Salvador to be beatified

“We know that every effort to improve society, especially when society is so full of injustice and sin, is an effort that God blesses; that God wants; that God

AMERICA/EL SALVADOR - Elections 2014

November 6, 2015

The Church asks the newly-elected President for an "attitude of dialogue"

San Salvador - While the Agencies spread the news of the election of the newly-elected President of El Salvador, candidate of the Farabundo Marti National

El Salvador: Economic Situation - June 2015

October 9, 2015

Export growth coupled with domestic consumption strengthened by credit and remittances explain part of the increase of 2.4% in GDP recorded in the second quarter.

From a statement issued by the Central Bank:

The Central Bank

El Salvador: Law on Electronic Signature

October 6, 2015

The new legislation gives legal value to certified electronic signatures and establishes the basis for regulating service providers.

From a statement issued by the Legislative Assembly of El Salvador:

The Legislature has unanimously

Murdered Archbishop Oscar Romero beatified in El Salvador

October 1, 2015

Around a quarter of a million people have attended a beatification ceremony in El Salvador for Archbishop Oscar Romero, 35 years after his assassination.

The bloodied shirt he died in was paraded through the crowd, which included former

El Salvador: Economic Situation - July 2015

October 1, 2015

External demand remains the main factor behind the pace of economic growth, with exports growing at 6.7% and a 2.1% reduction in imports up to July 2015.

From the "Monthly Economic Report - July 2015," by the Central Bank:

El Salvador: Agreement with Avianca on Airport Expansion

September 23, 2015

The government could sign a cooperation agreement with the aerospace company for the project to expand the international terminal in San Salvador.

This is not the first time that representatives from the aviation sector have