News

El Salvador: GDP Up 2.5% in 2015

April 7, 2016

The Reserve Bank noted that domestic consumption and private investment accounted for most of the growth in economic activity during the year.

From a statement issued by the Reserve Bank:

March 31 - The Central Reserve Bank today

El Salvador: Coffee Being Stockpiled Until Prices Rise

April 7, 2016

The 40% drop in volume and export value in the past four months could be explained by producers stockpiling the product until there is a rise in international grain prices.

Coffee exporters in El Salvador are delaying selling while they

Ferry Starts Between La Union and Caldera

March 24, 2016

On July a ferry could be traveling by sea between the two ports on a 16 hour journey, plus time spent in ports, with a base cost of $800.

The long announced ferry between Central American Pacific ports could be ready to start operations,

El Salvador: Agreement to Attract Spanish Tourists

March 24, 2016

Viajes El Corte Ingles will be selling tourism products in El Salvador in its sales network in Spain and carrying out a promotional campaign from March 15 to October 31.
The agreement aims to increase the number of Spanish tourists visiting

Central America in search of foreign investment

March 15, 2016

Guatemala’s President Jimmy Morales and Costa Rica’s President Luis Guillermo Solís are the stars in a promotional video released on 23 February that is aimed at attracting tourism and investment to the Central American sub-region. “In the name

EL SALVADOR: Former heads of state face corruption trials

March 15, 2016

No head of state has gone on trial for corruption in El Salvador’s history, but all of a sudden the three immediate predecessors of President Salvador Sánchez Cerén have all been accused of embezzlement and illicit enrichment. Francisco Flores (

Francisco Flores, Tainted Ex-President of El Salvador, Dies at 56

March 15, 2016

Francisco Flores, a former president of El Salvador who was facing charges of diverting $15 million in contributions for earthquake victims to his personal and political party accounts, died on Jan. 30 in San Salvador. He was 56.

His death

El Salvador Opens Commercial and Tourist Office in Panama

March 11, 2016

The aim is to strengthen trade relations and generate new business opportunities between the two countries.

From a statement issued by the Tourism Authority of Panama:

The Deputy Minister of Foreign Affairs, Integration and Economic

El Salvador: 2015 Foreign Trade Figures

March 7, 2016

In 2015 exports exceeded $5.4 billion, an increase of 4% compared to 2014, with manufacturing and agribusiness sectors leading the growth.

The Ministry of Economy presented on Tuesday its Foreign Trade Report which comparatively analyzes

El Salvador: Economic Situation in January 2016

March 7, 2016

The Volume Index by Economic Activity in El Salvador closed 2015 with a growth of 2.4%, 1.1% more than was recorded in 2014.

The behavior of indicators of economic activity suggests that 2015 closed with a positive growth of 2.4%,

El Salvador: Law Against Cybercrime

February 29, 2016

The new law prevents and sanctions the use of information and communication technologies to commit crimes such as embezzlement, fraud and espionage.
From a statement issued by the Legislative Assembly of El Salvador:

In order to

Let's Try Dual Education to Combat Youth Unemployment

February 29, 2016

In Central America, the youth unemployment rate is estimated at over 24%, while in Germany, where the dual education is practiced, youth unemployment is 6%.

A visit to Costa Rica by the German Education Minister has put back on the table