October 3, 2017Believing that you can only sell more by having the lowest price or offering the best discounts is one of the myths about pricing that can cause
September 22, 2017The degree of development of laboratories and the relevance of the plastic industry stand out as two of the advantages that the country offers for
September 21, 2017Between January and August 2017 the country received $3,283 million in remittances, 10% more than in the same period last year.
Revenues from family
September 13, 2017A study by the Smithsonian Institute predicts that by 2050 the areas suitable for coffee cultivation in Latin America will have been reduced by 73-88
September 6, 2017According to the Ministry of Economy there are already ten public entities and one company interested in providing the service, which could be
August 28, 2017The first shipment of one thousand boxes and 100 barrels of craft beer from the Cadejo Brewing Company will be sent to Maryland, Washington.
The six
August 3, 2017Grupo Campestre plans to start building a new shopping center in the capital at the end of the year with nine commercial premises and 180 parking
August 3, 2017Sustainable economic development requires the maximization of these three factors in a combined form.
EDITORIAL
- There is no use opening a country
August 3, 2017The ambitious joint plan of the governments of Honduras, Nicaragua and El Salvador is to turn the Gulf of Fonseca into an area of free trade and
July 27, 2017The trade union of Salvadoran exporters has already started the process to participate in the negotiation rounds to join the Customs Union between
July 24, 2017In El Salvador a proposal has been made to reform the Commercial Code to eliminate the requirement for a public inscription to register companies
July 7, 2017In El Salvador, preparations are being made for a third securitization to finance the extension works at the Monseñor Romero airport terminal, and
April 25, 2017In the first quarter of the year, family remittance revenues totaled $1,175 million, up $130 million and 12% compared to the same period in 2016.
April 19, 2017The union of hotel projects has increased the number of rooms available this year by 300 and in 2018 it is estimated there will be a further 100.
The
April 3, 2017The 4.6% growth in activity in the agricultural sector accounted the most for the meager increase of 2.4% in GDP last year.
The Salvadoran economy
March 16, 20175,000 tourists have taken advantage of the tourism promotion program known as Stop Over', which allows air passengers with connections of between 5
March 10, 2017The Executive Port Commission plans to invest $9 million this year on modernization works at the Salvadoran terminal, and $20 million in the purchase
March 1, 2017From March 28th to 30th potential international investors will learn about public and private projects in infrastructure, tourism, energy and
March 1, 2017From March 28th to 30th potential international investors will learn about public and private projects in infrastructure, tourism, energy and
February 28, 2017Plans are being made to build a shopping center in San Miguel measuring 38 thousand square meters with 600 parking spaces, and commercial spaces for
January 24, 2017Total remittances received during the year reached $4,576 million, 7% more than the remittances recorded in 2015.
Income from remittances totaled US
January 21, 2017Source: Central Institute for Fiscal Studies (Icefi):
The US president is already putting into practice his premise "America First", which leads
January 19, 2017The attendance of the president of the rebellious Chinese island to the inauguration of President Ortega and visits to the countries of northern
January 4, 2017San Salvador, Jan 4 (Prensa Latina) An increase of the minimum salary in El Salvador will have positive effects such as: poverty reduction, an
January 3, 2017From October 6 to 8 San Salvador will be hosting a regional tourism promotion fair, in which it is expected that 80 wholesalers from Europe, the US
December 16, 2016Many assumed I died in the massacre of December 1981, when government soldiers killed hundreds of people in El Mozote, my village in El Salvador. The
November 24, 2016Earthquake hits, triggering tsunami warnings, after Nicaragua Caribbean coastline battered by hurricane.
A 7.0 magnitude earthquake has shaken El
November 23, 2016If the United States withdraws from the Transpacific Agreement, there will be less risk of competition from Asian countries for the Central American
November 15, 2016In 2015 Guatemala led the export of raw sugar with $848 million, followed by El Salvador with $178 million and Nicaragua with $114 million.
Foreign
November 11, 2016In the fourth round negotiators concluded the Regulations on Controls and Integrated Procedures at Border Posts and their respective manual for Pedro
November 11, 2016The government and the opposition have finally reached an agreement and approved the Fiscal Responsibility Law along with the issuance of $550
November 10, 2016The government and the opposition have agreed to approve in the first instance an issue of $550 million, not $1.2 billion as claimed by the
November 9, 2016The choice of Donald Trump as the 45th President of the United States is another clear example of how the deterioration of liberal democracies
September 14, 2016It has been announced that the company China Railway Company is studying whether it would be feasible to reactivate a passenger train service between
August 29, 2016An announcement has been made of the upcoming tender for the construction of a 26 room hotel in the recently restored Ilopango International Airport
August 29, 2016A construction project is being planned in Zona Rosa, consisting of a 23-story tower as part of 63 thousand square meters of offices, a shopping
August 2, 2016Fourteen projects, valued at $188 million, will start running as soon as they have obtained the permits which had previously been held up due to
July 29, 2016The authorities in El Salvador have announced a series of raids against one of the country's most powerful street gangs, the Mara Salvatrucha (MS-13
July 25, 2016The union of exporters and the Turkish government are proposing setting up a business center in Panama that will function as a platform for trade
July 25, 2016Ransa group plans to invest $4 million in the construction of a cold chamber in Guatemala and is preparing to expand its warehouses in El Salvador.
July 22, 2016Office buildings, shopping malls and apartments make up the list of projects that the construction union envisages undertaking in the second half of
July 21, 2016A third and final call has started for companies and investors interested in participating in the development of projects in the program 'Apuesta por
June 30, 2016Construction has started in Santa Ana of a building measuring 16 thousand square meters which will make up the second stage of Metrocentro, which
June 15, 2016The WHO has confirmed the absence of links between coffee consumption and various types of cancer, removing the infusion from the list of "possibly
June 13, 2016Why insist on making students learn French instead of applying the resources invested in teaching this language to other languages that are more in
June 13, 2016It has been announced that $300 million has been allocated for building four treatment plants in San Salvador, Santa Ana and San Miguel.
The Ministry
June 10, 2016High rates of urbanization in the region, though with differences between the various countries, present great opportunities for economic development
June 7, 2016The vehicle fleet grew from 713,000 vehicles in 2010 to 925,000 in 2015, of which 70% were used vehicles.
In the Salvadoran vehicle fleet used
June 6, 2016The IIC has structured financing of the first commercial solar plant in El Salvador owned by the French company Neoen SAS of the Louis Dreyfus Group
June 2, 2016The Salvadoran government has ruled out making another tender to grant the operation of the terminal and is preparing a bill so that it can be
May 27, 2016Despite the rising fiscal deficit, the Legislature has approved a new debt issue of $152 million to finance the construction of prisons and
May 25, 2016The loan proceeds signed with the CABEI will go towards the construction of police stations, purchase of safety equipment and vehicles and improving
May 18, 2016Next year the sector expects to exceed the 12% growth in sales abroad seen between 2014 and 2015, by going to new markets in Africa and South America
May 16, 2016Simplification of the import process in Acajutla and a reduction in delivery times of goods for export are part of the changes announced by the
April 22, 2016Noting that the right to property was violated, the tax that the Mayoral Office of San Salvador charged private companies using a calculation based
April 13, 2016Trade authorities in both countries have announced that before the end of the first half of this year the trade agreement that has been under
April 11, 2016The value of honey exports fell by 80% in the first four months of the harvest from 2015 to 2016, and the volume decreased by 70%.
Honey exports in
March 22, 2016Textile exports in the year exceeded $2.5 billion, an increase of 6% compared to 2014.
The growth of exports in the sector in 2015 amounted to $149
January 15, 2016As tourist numbers and prices rise in Costa Rica and the Caribbean islands, travellers have sought new destinations for their Central American
December 16, 2015The industry considers the loss of jobs and lack of growth of the sector has been caused by legal and political uncertainty, excessive red tape, and
November 5, 2015Moscow, Nov 5 (Prensa Latina) The sixth meeting of political consultations that Russia and El Salvador will hold today confirms that bilateral
September 4, 2015Compared to the same period in 2014, imports fell by 2% and exports rose by 7%, mainly due to increased sales in the manufacturing sector.
From the
September 4, 2015Growing regional air connectivity is creating new opportunities to maximize the potential of tourist destinations in Central America.
Flying from
April 1, 2016The 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
March 31, 2016The Reserve Bank noted that domestic consumption and private investment accounted for most of the growth in economic activity during the year.
From a
March 18, 2016On 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
March 15, 2016No 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
March 15, 2016Guatemala’s President Jimmy Morales and Costa Rica’s President Luis Guillermo Solís are the stars in a promotional video released on 23 February that
March 15, 2016Viajes 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 8, 2016The aim is to strengthen trade relations and generate new business opportunities between the two countries.
From a statement issued by the Tourism
March 3, 2016The 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
March 2, 2016In 2015 exports exceeded $5.4 billion, an increase of 4% compared to 2014, with manufacturing and agribusiness sectors leading the growth.
The
February 24, 2016In Central America, the youth unemployment rate is estimated at over 24%, while in Germany, where the dual education is practiced, youth unemployment
February 24, 2016The construction company Salazar Romero has announced the expansion of its residential project Ciudad Real, with 1,200 new homes in the model called
February 22, 2016The French company Neoen has been awarded the project management and construction of the solar plant to start operations in April 2017, and which is
February 19, 2016When companies become addicted to meetings, it indicates poor management of working hours and decreases employee productivity by at least 30%.
If
February 11, 2016The United States remains the main buyer, with 47%, of total exports, 97% of which are products from the manufacturing industry.
Foreign Trade Report
February 5, 2016The new law prevents and sanctions the use of information and communication technologies to commit crimes such as embezzlement, fraud and espionage.
February 5, 2016The government has announced it will create an institution that is dedicated to facilitating the management of infrastructure projects carried out
February 2, 2016Francisco Flores, a former president of El Salvador who was facing charges of diverting $15 million in contributions for earthquake victims to his
January 28, 2016The 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
January 27, 2016The 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
January 22, 2016Gaps in GDP per capita between different countries are directly related to the productivity gaps between their respective economies, with education
January 20, 2016In 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
January 18, 2016Competitiveness in the production of goods and services is directly dependent on the adoption of digital technologies, meaning that having
January 15, 2016Lowering 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,
January 15, 2016The supervisory body announced that the reduction in electricity rates will be effective starting April 15th for users of the CAESS.
According to the
January 12, 2016Since 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
January 11, 2016Staying in their posts for more than one term of office generally means that good leaders of state institutions produce good results.
Jose Napoleon
January 6, 2016The 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
December 10, 2015An 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
December 2, 2015The Russian company Tyazhmash will design and build a 66 MW turbine and the Salvadoran company Dycsa will build the powerhouse and finish the
November 30, 2015Forecasts are that by the end of 2015, 24.500 foreigners will have entered the country in order to receive medical treatment, generating revenues of
November 24, 2015In El Salvador the drop in the international price, which has been aggravated because of the negative differential with which the country's
November 23, 2015The liquidity of the banking system grew by 30% in the last twelve months, helped by the growth of liquid assets of banks and the extension of terms
November 20, 2015After canceling the tender which was won by the consortium Apex BBDO-Porter Novelli, Proesa has announced that it is preparing a new tender to
November 11, 2015Businessmen are complain that the setting of a minimum wage should be discussed between companies and unions in order to avoid its use for populist
November 10, 2015A 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
November 9, 2015It has been announced that $20 million will be invested in the opening of 14 new outlets, raising the company's stake in the Salvadoran gas station
November 3, 2015A proposal has been made to create a trust for $25 million to restructure debts of cooperatives and finance the renovation of the plantations.
The
October 28, 2015Providing 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
October 22, 2015Fitch notes that the relatively favorable external environment will not be enough for Central American countries to improve their credit ratings,
October 20, 2015AES has started to operate a 2.5 MW photovoltaic power plant in Moncagua, San Miguel, and announced plans to build three plants of 10 MW each in 2016
October 16, 2015Salvadoran authorities outlined investment opportunities in the sector, announced a 150W tender and detailed the inner workings of the electricity
October 16, 2015Wärtsilä Supplies 378 MW Power Plant To El Salvador
(GLOBENEWSWIRE) - Wärtsilä has been contracted to supply a major Flexicycle power plant to
October 14, 2015Grupo Roble has announced its Sierra Verde project in the municipality of Santo Tomas, where it will be building 500 homes valued from $80,000 to $
October 13, 2015The government of El Salvador has changed his mind regarding a PPP for the expansion of the International Airport, prompting the withdrawal of
October 12, 2015It has emerged that the operation may include the insurance company SISA, and that the transaction may be worth $180 million.
An article on Elmundo
October 12, 2015An urgent call is being made for greater efforts to be undertaken between Guatemala and Honduras and between Panama and Costa Rica, with the ultimate
October 2, 2015The new legislation gives legal value to certified electronic signatures and establishes the basis for regulating service providers.
From a statement
September 30, 2015Export growth coupled with domestic consumption strengthened by credit and remittances explain part of the increase of 2.4% in GDP recorded in the
September 17, 2015External 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
September 11, 2015In 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
September 10, 2015In August international prices reached their lowest value in the last 19 months, following the trend of other commodities, driven by worldwide
September 8, 2015With an international loan the government plans to expand two sections of the road to Puerto La Libertad and build two bridges in the border areas of
September 4, 2015The government could sign a cooperation agreement with the aerospace company for the project to expand the international terminal in San Salvador.
August 31, 2015Kimberly 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
August 28, 2015From February 2016 Turkish Airlines will be operating three weekly flights between Panama City and Istanbul, with a stopover in Bogota.
The airline
August 27, 2015Citizens of Bolivia and El Salvador experience the most emotions daily
Latin Americans are in general the most emotional people on the planet while
August 24, 2015Avianca representatives say the current capacity of Monsignor Romero airport has already been far exceeded and the terminal needs to be expanded in
August 24, 2015During his remaining time in office, U.S. President Barack Obama is pushing hard to finalize the Trans-Pacific Partnership (TPP), the major free
August 21, 2015PHOTO: Roatan, an island off Honduras. (Photo courtesy of Avanti Destinations)
Avanti Destinations is rounding out its Latin American destinations
August 18, 2015It has been announced that by the end of the year the specifications to tender the supply of 150 MW in renewable energy will be ready.
From a
August 13, 2015The airline Emirates announced that starting from February 1, 2016 it will start operating a daily direct flight from Dubai to Panama City.
From a
August 10, 2015Construction of roads, renovation and expansion of airports, an industrial park in Zacatecoluca and works at the border crossings in La Hachadura and
August 6, 2015The high demands for quality standards, traceability and safety constitute a barrier to making the most out of the Agreement.
In the view of
August 4, 2015In order to improve their competitiveness in the manufacturing of uniforms, laying off 200 workers.
The company which has operations in Turrialba
August 3, 2015Planning a trip south of the border? Why not break up your long flight with a stopover in El Salvador?
Central America’s tropical gem is enticing
August 1, 2015AMERICA/EL SALVADOR - No negotiating with gangs in the plan for National Security
San Salvador – The National Security Council in San Salvador
July 31, 2015In 2014 imports of food preparations totalled $115 million, which is an increase of 22% compared to 2013.
Within this category, imports of composite
July 31, 2015In 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
July 30, 2015With the exception of improvements in Nicaragua and Honduras, in the rest of the Central American countries problems in public finances range from
July 29, 2015On August 17th and 18th seven food exporting companies will be showcasing in El Salvador products such as tea, juices, sauces, chocolates, coffee,
July 27, 2015Last week, officials from the United States and Central America met in El Salvador to discuss energy cooperation, including developing a regional
July 24, 2015The Superintendent of the Financial System has started monitoring the operations of companies that send and receive remittances.
With the law reform
July 24, 2015The Superintendent of the Financial System has started monitoring the operations of companies that send and receive remittances.
With the law reform
July 21, 2015The new entity, founded with 100% local capital, has started operating two branches offering products such as savings and checking accounts, personal
July 21, 2015Two office buildings have been announced, one in the Zona Rosa in San Salvador and the other in zone 15 in Guatemala City, with tenants sharing
July 17, 2015The meeting of industrial companies will be held in San Salvador from 8 to 11 October and at the same time Expo Taiwan will take place.
The
July 13, 2015It has been announced that the tender documents to choose a company to resume work on the dam El Chaparral, estimated at $291 million, are ready.
July 13, 2015The Government of El Salvador, through the Ministry of Tourism, will invest $25 million over the next five years for the development of the marine
July 7, 2015
It has been announced that a corporate complex will be built as part of the Tuscania, a development project on the road to Puerto La Libertad, in
July 2, 2015A proposal has been made for the region to standardize the criteria for patenting so that it has the same validity and is treated in the same way in
May 22, 2015International loans, public-private partnerships and now a securitizations are options that have emerged in recent years to fund the expansion of the
May 20, 2015Archbishop Oscar Romero, who was assassinated by rightwing death squads in El Salvador in 1980, "is not just the greatest bishop in Christian
May 15, 2015Private sector leadership, infrastructure development and productivity-enhancing reforms are essential to kick-start growth in El Salvador,
March 20, 2015The Church asks the newly-elected President for an "attitude of dialogue"
San Salvador - While the Agencies spread the news of the election of the
March 12, 2015AMERICA/EL SALVADOR - "The saint of all El Salvador" - beatification of Mgr. Romero on 23 May
San Salvador - The "Bishop martyr" of El Salvador, His
March 4, 2015Western Hemisphere: Joint Statement by the Presidents of El Salvador, Guatemala, and Honduras, and the Vice President of the United States of America
February 3, 2015The 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
September 27, 2012Without ruling out the idea of building their own airport terminal, the airline will wait to see how the modernization works initiated by the
June 20, 2012In the absence of plans for the expansion of the El Salvador International Airport, the airline is hoping to settle in another of the region’s