SC begins analysis of IBW purchase request by Telefonica
Written by Karla GutiérrezThe Superintendencia de Competencia (SC) admitted the process for the request for authorization of economic concentration filed by Telefónica El Salvador to acquire IBW El Salvador, thus initiating the technical, economic and legal analysis that will determine whether or not the transaction will cause a significant limitation of competition, under the terms of art. 34 of the Competition Law.
CABEI achieves milestone with largest bond issue in its history
Written by Denis MuñozThe Central American Bank for Economic Integration (CABEI) achieved a historic bond transaction with a 3-year maturity of US$1.35 billion, highlighting the institution's financial strength and its growing presence in global capital markets.
The General Producer Price Index increased 0.25%.
Written by Denis MuñozThe Oficina Nacional de Estadísticas y Censos (ONEC) through the Banco Central de Reserva (BCR), released the bulletin of the General Producer Price Index (IPP) for the month of december 2023.
European Union with new laws on imports of products
Written by Denis MuñozThe European Union (EU) has introduced new legislation to prevent commodity imports from contributing to deforestation.
Defensoría del Consumidor continues inspections of agricultural supplies
Written by Denis MuñozThe Defensoría del Consumidor is monitoring different supply chains, on january 12 it started with basic grains and today, they activated another important phase within the plan and it is related to agricultural input trading companies.
Salvadoran products expanded export destinations in 2023
Written by Denis MuñozAccording to data from the Banco Central de Reserva, El Salvador expanded its presence in international trade in 2023, a total of 134 salvadoran products entered for the first time in 52 economies in 4 continents.
US$50 million investment in the Historic Center
Written by Denis MuñozMinister of Tourism Morena Valdez assured that more than US$50 million was invested in 2023 in the Historic Center through the Autoridad de Planificación del Centro Histórico de San Salvador (APLAN)
El Salvador had a tax collection of US$7.122 billion in 2023
Written by Denis MuñozEl Salvador achieved its highest tax collection at the end of 2023 with a total of US$7,122 million, according to data from the Ministry of Finance. This result surpasses the US$6 billion 571 million in tax revenues of the previous year.
According to the daily report published by the Ministerio de Agricultura y Ganadería (MAG) meat prices have experienced increases compared to the last week of 2023.