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Opportunity to buy digital bonds to finance hotel project in El Salvador begins
Written by Alejandra García Ortiz
Investors now can buy tokens to finance the construction of the Hampton by Hilton hotel, which will mark the milestone as the first hotel inside the Aeropuerto Internacional San Óscar Arnulfo Romero y Galdámez.
FANTEL and CONAMYPE join forces to promote "Local Economic Development"
Written by Alejandra García Ortiz
Special Fund of Resources from the Privatization of ANTEL (FANTEL) together with the Comisión Nacional de la Micro y Pequeña Empresa (CONAMYPE) (CONAMYPE) are carrying out a strategy for economic development, seeking welfare.
IDB: El Salvador leads mobile money use in the region
Written by Denis Muñoz
The Inter-American Development Bank (IDB) report highlights that since its implementation in 2021, Transfer365, a payment system developed by the Banco Central de Reserva (BCR) of El Salvador, has shown positive results in the country's financial inclusion.
Reduction between US$0.09 and US$0.14 in gasoline and diesel prices
Written by Denis Muñoz
The Dirección General de Energía, Hidrocarburos y Minas (DGEHM), informed the new costs for gasoline and diesel at national level, presenting prices with a considerable reduction for this fortnight.
International remittances increase 650% in 22 years
Written by Denis Muñoz
The Organización Internacional para las Migraciones (IOM) through a United Nations (UN) report affirmed the increase of remittances from US$128,000 to US$831,000 million in a 22 year period.
Diaspora entrepreneur to invest in salvadoran coffee production
Written by Alejandra García Ortiz
The Ministry of Foreign Affairs, through the Directorate of Diaspora and Development and the Consulate General of El Salvador in Calgary, Canada, organized the visit of Diaspora businessman Salvador Montalvo, interested in marketing coffee from El Salvador.
ECLAC: El Salvador's economic growth to be 3.0 in 2024
Written by Denis Muñoz
The Economic Commission for Latin America and the Caribbean (ECLAC) updated its economic growth projections for countries in the region, placing El Salvador at 3.0 growth by 2024.
Ricardo Salazar, President of the Defensoría del Consumidor stated that fertilizer prices have decreased up to 30%.
CAF consolidates as an ally for the economic development of El Salvador
Written by Alejandra García
The Development Bank of Latin America and the Caribbean (CAF) consolidates as a strategic ally for the sustainable development of El Salvador through the formation of a portfolio focused on three strategic axes: sustainable economic development, inclusive human development, and social and environmental resilience.