Displaying items by tag: EL SALVADOR

In order to support the Republic of El Salvador in its economic recovery through a resilient development strategy aimed at mitigating and adapting to climate change, the Central American Bank for Economic Integration (CABEI) approved US$250 million from its Development Policy Operations Program (OPD), which aims to promote balanced economic growth, poverty reduction, sustainable development and the fight against climate change in its member countries.

The sugar agroindustry in El Salvador assumed more than 20 years ago the commitment to progressively, but steadily, eliminate hazardous child labor in the cultivation and harvesting of sugar cane, working in alliance with the government sector and at the same time determining and regulating protected adolescent labor endorsed in El Salvador's national legislation.

The Mastercard Economics Institute today released its annual forecast for the coming year, which shows how a new multi-speed global economy will affect growth and consumer spending behavior.

Forbes Magazine highlighted in one of its recent publications that El Salvador is among the 30 destinations to visit next year, suggested by a renowned travel guide.

The strategies promoted by the Central Government continue to give excellent results to El Salvador, which has positioned itself in the eyes of the world as a safe country and international tourist destination.

As part of the Moves event, a project of the Asociación Ohana503 that seeks to save lives on roads, educating and raising awareness about the importance of mobility and road safety, the Uber app reiterated its commitment to promoting safer streets, with the implementation of two new features that will soon be available in El Salvador: users will receive an alert when they have to get out of the vehicle near a bike lane and will seek to prevent distractions for delivery partners on bicycles when making a delivery.

LG Electronics as an expert in creating technological solutions that adapt to the needs of the moment and according to each type of user, surprises salvadorans with the new gas stove in three modern models, one of them is the InstaView version, which beyond its functionality, provides a whole culinary experience with an elegant design and stainless steel material; thus leading the market of premium ranges of ovens in Latin America.

According to statistics from the Ministry of Tourism, between january and october, the country received 2 million foreign visitors, which have left the country the amount of US$2,077 million in foreign currency.

The President of the Republic, Nayib Bukele announced in a press conference that El Salvador has begun talks to sign the Free Trade Agreement (FTA) with China, the second largest economy in the world.

The U.S. Federal Reserve (FED) announced a new interest rate hike. On this occasion, the sixth so far in 2022, it increased by 0.75%.