Energy rates will not increase for the next three months: Daniel Álvarez
Written by Evelyn AlasThe president of the Comisión Ejecutiva Hidroeléctrica del Río Lempa (CEL) and director of the Dirección General de Energía, Hidrocarburos y Minas, Daniel Álvarez, explained in an interview that the electric energy tariff will not increase during the next three months.
Latin America's GDP to grow 1.4% in 2023: World Bank
Written by Evelyn AlasThe Gross Domestic Product (GDP) of Latin America and the Caribbean will only grow 1.4% in 2023 according to William Maloney, chief economist of the World Bank and explains the challenges facing the region.
El Salvador received more than 399 thousand visitors during Easter Week vacations
Written by Evelyn AlasAccording to the Instituto Salvadoreño de Turismo (ISTU), thousands of national and foreign tourists crowded the recreational parks, the historic center of San Salvador and the different beaches of the country.
Remittances to Central America to reach US$38.9 billion in 2022
Written by Evelyn AlasAccording to the Inter-American Development Bank (IDB), remittances received by Central American countries (Belize, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama) during 2022 will reach US$38.9 billion, marking a new historical high with an annual growth of 16.1%, the highest among all LAC sub-regions in 2022 and still high compared to the average values of 10.4% during the previous ten years.
Agribusiness and allies create Coalición Panamericana de Biocombustibles Líquidos
Written by Evelyn AlasThe main business and industrial associations of the Americas dedicated to the production and processing of sugar, alcohol, corn, sorghum, soybean, vegetable oil and grains, among other products of the agricultural sector, formed the Coalición Panamericana de Biocombustibles Líquidos (CPBIO), with the objective of coordinating the elaboration, promotion and sustainable consumption of these clean energies in the hemisphere.
Regional GDP to grow 1.4% in 2023 and 2.4% by 2024-2025: World Bank
Written by Evelyn AlasThe economies of Latin America and the Caribbean have been relatively resilient in the face of growing debt pressures, inflation and global uncertainty. But new headwinds from falling commodity prices, rising interest rates in developed countries and China's uncertain recovery could once again cast a shadow over the region's prospects.
According to the International Monetary Fund (IMF), in recent years, food and energy prices have risen to near-record highs in the context of the pandemic and war in Ukraine, which have led to major supply disruptions.
Regular and Super Gasoline increase US$0.05 per gallon, but Diesel down US$0.11 per gallon
Written by Evelyn AlasThe Dirección General de Energía, Hidrocarburos y Minas (DGEHM), informs salvadorans about the reference prices of fuels that present an increase of US$0.05 and US$0.02 in regular and super gasoline, only diesel will have a decrease of US$0.12, the costs per gallon will be in effect from april 04 to april 17, 2023.
25 lb. gas cylinder remains at US$11.13 for the month of april
Written by Evelyn AlasThe Dirección de Energía, Hidrocarburos y Minas (DGEHMSV), informs salvadorans about the prices of Liquefied Propane Gas for the month of april 2023.