Electricity prices wil decrease 4.31% from april to july 2023
Written by Evelyn AlasThe Superintendencia General de Electricidad y Telecomunicaciones (SIGET) announced that the average price of electricity will remain stable for the next quarter, relieving the pockets of thousands of salvadoran households.
Financial education tips to save and have a better quality of life
Written by Evelyn Alas1 - Write down your fixed expenses: To begin the process of your financial education, you should write down your fixed expenses, those that are paid every month, such as water, electricity, internet, rent, among others. This way you will have an idea of what is left over to invest or save. You can make this control using digital tools or Excel spreadsheets.
Defensoría del Consumidor verified food prices in Sonsonate
Written by Evelyn AlasThe president of the Defensoría del Consumidor, Ricardo Salazar, headed the verification of prices and supply of basic grains in Inversiones Servygran, S.A. de C.V. located in Acajutla, Sonsonate, in order to ensure that distributors of these products have fair prices for consumers.
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.