Displaying items by tag: EL SALVADOR
El Salvador could close 2021 with US$1.447 billion in foreign exchange from tourism
The Ministry of Tourism (MITUR) informs salvadorans that the tourism projection at the end of 2021 will be US$1,447 million in foreign exchange from tourism.
El Salvador registered a GDP growth of 11.7% in the third quarter of 2021 and the projection remains at 10.3%.
The Banco Central de Reserva de El Salvador (BCR), provided an economic balance in which it announced that the Gross Domestic Product (GDP) in the country registered a growth of 11.7% in the third quarter of 2021.
KT Marine, Korean marine supplies manufacturer interested in investing in El Salvador
The presidential commissioner for Strategic Projects, Cristian Flores, informed that during his business tour between dcember 6 and 11 in South Korea, companies showed interest in investing in the country.
Asociación Fe y Alegría and World Vision sign an agreement in favor of adolescents and vulnerable youth in El Salvador
On december 8th, an agreement was signed in the framework of the implementation of the World Vision's program "Jóvenes Súper Pilas" and in coordination with Asociación Fe y Alegría. This agreement seeks to formalize the institutional relations between Asociación Fe y Alegría and World Vision, to incorporate young people belonging to the project Jóvenes Súper Pilas to the virtual or face-to-face courses promoted or given by Fe y Alegría.
Health personnel in El Salvador receive more than 32,000 COVID-19 protective suits donated by CABEI and Korea
In order to face the spread of the pandemic caused by COVID-19 in El Salvador and to protect the personnel of the Ministry of Health (MINSAL), this thursday the Central American Bank for Economic Integration (CABEI) and the Republic of Korea, through the CABEI-Korea Sole Donor Trust Fund (KTF), formalized the donation of more than 32 thousand protective suits for this institution.
Payment of Christmas bonus in El Salvador
According to Monica Machuca, Senior Manager of legal services of EY, in El Salvador every employer is obliged to give its workers a bonus for each year of work as Christmas bonus. To estimate the calculation of the Christmas bonus, the salary earned and the years of seniority in the company must be known.
The future of Territorial Development in El Salvador
At the closing of the sixth edition of the Territorial Development Week, there was a discussion on: The Future of Territorial Development in El Salvador, where in the first keynote address, there was the contribution of Oscar Cabrera, economist and representative Fundación para el Desarrollo de Centroamérica (FUDECEN focuses his keynote address: "A path towards intra-regional equality in El Salvador").
IMF states that adopting Bitcoin in El Salvador may involve many risks
The International Monetary Fund (IMF), called on the Central Government to control the use of bitcoin as a legal tender in the country, due to the high volatility of the cryptocurrency, which implies great risks for consumer protection, the integrity of the financial system and financial stability.
Banco Promerica El Salvador and Guatemala sign the United Nations Principles of Responsible Banking
Banco Promerica El Salvador and Banco Promerica Guatemala, in order to reiterate their commitment to promote social welfare and protect the planet, have become official signatories of the United Nations Principles of Responsible Banking.
Tatiana vessel arrives in El Salvador to transport natural gas to the Central American region
Tatiana is the first liquefied natural gas carrier in the Central American region. The vessel arrived at the Port of Acajutla, in Sonsonate to remain permanently anchored on the coast of the Pacific Ocean. An average of US$1,000 million was invested in this project.