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Vesting: What is it and how is it regulated in a partnership agreement?
Written by Karla Gutiérrez
Many people have started their businesses together with other partners and most probably along the way one or more of the partners have decided to leave the company and have asked for all their shares, resulting in the company collapsing and people were left in debt.
US$12 million investment to expand the airport check-in area
Written by Karla Gutiérrez
The Comisión Ejecutiva Portuaria Autónoma (CEPA) is expanding the check in area of El Salvador's international airport, with the purpose of increasing 41 double counters with a capacity for 82 positions. The project is 33% complete and has an investment of US$12 million.
BCR: El Salvador received US$759.7 million in foreign investment in 2023
Written by Karla Gutiérrez
In the last report of the Banco Central de Reserva (BCR), El Salvador received US$759.7 million in foreign investment (IED) in 2023, which means that it quadrupled, compared to what was received in 2022 that reached US$170.9 million and the highest registered during the first five years of Bukele's administration.
Finance minister inaugurates Regional Workshop for Public Credit Directors
Written by Karla Gutiérrez
The minister of Finance, Jerson Posada, together with the representative of the Development Bank of Latin America and the Caribbean (CAF), Oscar Avalle and CAF's Director of Operational Programming, Brenda Ciuk, inaugurated the workshop entitled "Surviving the context of high debt levels, limited fiscal space, high inflation and high interest rates".
Managing our finances can be a difficult subject to control, but with a few financial tips we can achieve a good monetary health for our business.
If you want to learn a new language, here are some economic tips to learn a second language:
Legislative Assembly approves Income Tax Law Reforms
Written by Karla Gutiérrez
On march 12, 2024, the Legislative Assembly approved with 69 votes in favor the favorable opinion of the Treasury Commission on the initiative to reform the Income Tax Law.
BCR expects salvadoran economy to grow from 3.0% to 3.5% by 2024
Written by Karla Gutiérrez
The Banco Central de Reserva (BCR) provided details of the country's economic situation in 2023 and projections for 2024.
El Salvador announced the export of the first container of salvadoran coffee to the U.S.
Written by Karla Gutiérrez
The Asociación Cafetalera de El Salvador announced the export of the first container of coffee beans as part of the Chamani project to the company Five Points Trading Corp, from the United States.