News

El Salvador: Less Taxes, More Stock Exchange Transactions

January 26, 2016

Lowering the tax on transactions for non-domiciled investors from 20% to 3% had a positive effect on the performance of the stock market in 2015, which grew by 6% compared to 2014.
The forecast made by Rolando Duarte, president of the Stock

El Salvador: $4.28 billion in Remittances in 2015

January 26, 2016

In 2015 the country received $4,279.7 million in remittances, 3% more than in the previous year.

In the month of December alone, El Salvador received $423 million in remittances, ie 4.8% more than in the same month in 2014. 

In the

El Salvador: Increase in Costs for Raising Funds Abroad

January 12, 2016

The interest rate rise in the US and the perceived risk of the Salvadoran economy have taken their toll on foreign debt bonds, whose yields have risen by about 2% in recent weeks.

This increase in yield of debt securities traded on the

Latin America Boasts the World’s Most Emotional Nations, Survey Shows

December 15, 2015

Citizens of Bolivia and El Salvador experience the most emotions daily

Latin Americans are in general the most emotional people on the planet while the world’s least emotional countries are predominantly from eastern Europe, a new survey

El Salvador: $149 million for Hospital Construction

December 14, 2015

An IADB loan will finance a 400-bed hospital in the department of San Salvador and another 100-bed facility in the northern zone of the same department.

The Inter-American Development Bank (IDB) has approved a loan of $170 million to

Private Sector, Infrastructure and Continued Reforms Key to Jumpstarting Growth

December 14, 2015

Private sector leadership, infrastructure development and productivity-enhancing reforms are essential to kick-start growth in El Salvador, participants of the forum “Building Opportunities for Employment, Investment, and Growth” in San Salvador

No negotiating with gangs in the plan for National Security

December 10, 2015

AMERICA/EL SALVADOR - No negotiating with gangs in the plan for National Security

San Salvador – The National Security Council in San Salvador decided on 30 July, to exclude any negotiation with gangs and to go forward to implement the

"The saint of all El Salvador" - beatification of Mgr. Romero on 23 May

December 10, 2015

AMERICA/EL SALVADOR - "The saint of all El Salvador" - beatification of Mgr. Romero on 23 May

San Salvador - The "Bishop martyr" of El Salvador, His Exc. Mgr. Oscar Arnulfo Romero, will be beatified on May 23 in his hometown: the

Wärtsilä Supplies 378 MW Power Plant To El Salvador

December 9, 2015

Wärtsilä Supplies 378 MW Power Plant To El Salvador

(GLOBENEWSWIRE) - Wärtsilä has been contracted to supply a major Flexicycle power plant to Energía del Pacífico S.A. in Acajutla, El Salvador. It will be the largest and most efficient

The Plan for the Alliance for Prosperity of the Northern Triangle

December 9, 2015

Western Hemisphere: Joint Statement by the Presidents of El Salvador, Guatemala, and Honduras, and the Vice President of the United States of America Regarding: The Plan for the Alliance for Prosperity of the Northern Triangle

The

El Salvador Housing Plan Aims to Provide 'Good Living' for All

December 9, 2015

Providing proper housing is seen as central to ensuring a decent life for the people of El Salvador.
Up to 8,400 families will benefit from a mass investment plan to improve urban housing in El Salvador, President Salvador Sanchez Ceren

"Pompeii of the New World" holds clues to ancient Mayans

December 9, 2015

A Mayan village frozen in time 1,400 years ago by a volcanic eruption reveals that commoners had power in a culture best known for the works of the elite class.

Though elites in city centers had an impressive record in developing arts,