Salvadoran coffee growers register resilience in the midst of the pandemic
Written by Cindy MorenoThe Salvadoran Coffee Council (CSC) recently prepared a Practical Guide to Coffee Farming in El Salvador with the support of the Central American Program for the Integrated Management of Coffee Rust (PROCAGICA), a document that would contribute to boosting coffee production, and processing processes in the country.
6 out of 10 companies retained their employees with reduced hours, wages and other
Written by Leslie Hernández PalaciosAccording to International Labor Organization (ILO) figures, less than 20% of companies fired their workers despite the pandemic. Most companies (64%) adjusted their payroll by reducing hours, wages or granting paid or unpaid leave to workers.
Gasoline down to $0.07, but diesel up $0.02 nationally
Written by Cindy MorenoThe Ministry of Economy announced that the reference prices for fuels, in force from November 17 to 30, 2020, are experiencing mixed trends for the current fortnight, due to the following international factors:
CABEI will invest US$2.5 billion in emergency disaster and calamity program
Written by Cindy MorenoThe Central American Presidents of Guatemala, Honduras, Nicaragua, Costa Rica, the Minister of Finance of El Salvador, the minister of Finance of the Dominican Republic and the Vice Minister of Economy, and Finance of Panama, the Central American Bank for Economic Integration (CABEI) held a working meeting where they announced the preparation of the Central American Program for Resilient Reconstruction with an available amount of US$2.5 billion, available to countries that request it.
Government seeks to boost our exports to Korea
Written by Cindy MorenoMinistry of Economy, the Export and Investment Promotion Agency of El Salvador (PROESA) and the Korean Importers Association (KOIMA), signed this day a memorandum of understanding as part of the Plan to Take Advantage of the FTA between both countries.