In El Salvador exporters will be allowed to deduct from the total to be paid for withholding tax for VAT, the amount that has been paid for the same concept for raw material purchases abroad.
From a statement issued by the
In 2014 imports of food preparations totalled $115 million, which is an increase of 22% compared to 2013.
Within this category, imports of composite preparations for the beverage industry recorded an increase of $18 million
With the exception of improvements in Nicaragua and Honduras, in the rest of the Central American countries problems in public finances range from latent in Panama and already serious in Guatemala, to critical in Costa Rica and El Salvador.
Kimberly Clark is investing $12.5 million in the construction of a biomass boiler and $22.2 million in a cogeneration power plant at its production plant in San Juan Opico.
The two power plants will have a capacity to produce 14
PHOTO: Roatan, an island off Honduras. (Photo courtesy of Avanti Destinations)
Avanti Destinations is rounding out its Latin American destinations roster with two Central American countries that are new for the custom travel
Archbishop Oscar Romero, who was assassinated by rightwing death squads in El Salvador in 1980, "is not just the greatest bishop in Christian history," argues Rev. Dear, but "one of the greatest human beings in history." (Photo: AP)
In the first half of the year sales of textiles and clothing totaled $1.247 billion, with a noteworthy annual increase of 21% in exports of textiles.
Data from the Chamber of Textiles, Clothing and Free Zones of El Salvador (Camtex)
In August international prices reached their lowest value in the last 19 months, following the trend of other commodities, driven by worldwide currency volatility, recording declines.
From the ICO monthly report:
Daily coffee prices
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The Government of El Salvador, through the Ministry of Tourism, will invest $25 million over the next five years for the development of the marine coastal area of El Salvador from funds provided by a loan of the Inter-American Development Bank (
In order to improve their competitiveness in the manufacturing of uniforms, laying off 200 workers.
The company which has operations in Turrialba announced that the main reason behind the transfer of operations is to do with competition.The
The high demands for quality standards, traceability and safety constitute a barrier to making the most out of the Agreement.
In the view of representatives from the Nicaraguan export sector, it has not been possible to make the most out