News

El Salvador: $40 million to build 1,200 homes

February 29, 2016

The construction company Salazar Romero has announced the expansion of its residential project Ciudad Real, with 1,200 new homes in the model called Cadiz.

The company announced the expansion in El Salvador of its residential project

El Salvador: Agricultural Exports Up 20%

February 26, 2016

The United States remains the main buyer, with 47%, of total exports, 97% of which are products from the manufacturing industry.
Foreign Trade Report 2015 by the Central Bank: 

Exports closed with a growth of 4%, the highest in the

El Salvador: 80 MW Solar Plant Announced

February 25, 2016

The French company Neoen has been awarded the project management and construction of the solar plant to start operations in April 2017, and which is being funded by the IDB.

The French-owned company Neoen won the tender to build and

Does Your Company Suffer from "Meeting-itis"?

February 23, 2016

When companies become addicted to meetings, it indicates poor management of working hours and decreases employee productivity by at least 30%.

If companies estimated the losses caused by a dozen employees, mostly senior ones, meeting four

El Salvador: Infrastructure and Public-Private Partnerships

February 9, 2016

The government has announced it will create an institution that is dedicated to facilitating the management of infrastructure projects carried out under the public-private partnership format.

We will have to wait and see how useful it will

More and More Motorcycles in El Salvador

February 4, 2016

Since 2010, the number of motorcycles in El Salvador grew by 150%, while the entire vehicle fleet as a whole grew by 30% in five years.

Motorcycles are the type of vehicle that is increasing more than any other on the streets of El

Institutional Strengthening of Tourism in El Salvador

February 4, 2016

Staying in their posts for more than one term of office generally means that good leaders of state institutions produce good results.

Jose Napoleon Duarte has served as Minister of Tourism for El Salvador since June 1, 2009, appointed by

El Salvador: Foreign Trade Statistics in December 2015

February 3, 2016

The rebound of the US economy and savings made in the oil bill influenced the Salvadoran Export Sector which saw a 4% increase in sales abroad.
From a statement issued by the Central Bank: 

Salvadoran Export sector closed 2015 with a

Perception of Corruption in Central America

February 3, 2016

The public sector felt to be the most corrupt is Nicaragua (27 on a transparency scale 0-100), followed by Guatemala (28), Honduras (31), Panama (39), El Salvador (39) and Costa Rica (55).
In its annual report "Corruption Perception Index

Latin America's Low Productivity

January 27, 2016

Gaps in GDP per capita between different countries are directly related to the productivity gaps between their respective economies, with education being the main factor in these differences.

The OECD report "Promoting inclusive growth of

El Salvador: Electricity Rates Down 18%

January 26, 2016

The supervisory body announced that the reduction in electricity rates will be effective starting April 15th for users of the CAESS.
According to the General Superintendency of Electricity and Telecommunications (SIGET) of El Salvador, the

Connectivity, Connectivity, and More Connectivity

January 26, 2016

Competitiveness in the production of goods and services is directly dependent on the adoption of digital technologies, meaning that having connectivity is vital.

The World Bank is analyzing the impact of the internet and mobile telephony