Economic growth projection for El Salvador will be 2.5% in 2022: ECLAC
Written by Evelyn AlasThe Economic Commission for Latin America and the Caribbean (ECLAC) projects that of the group formed by Central America, El Salvador will grow 2.5% in 2022, as announced today in its annual report "Economic Survey of Latin America and the Caribbean 2022: dynamics and challenges of investment to promote a sustainable and inclusive recovery".
What should you consider before buying a used car?
Written by Evelyn AlasMost people have the dream of owning their own car. However, the acquisition of a vehicle implies a high expense, so there are people who choose to buy a used car. Besides being more economical, used vehicles have the advantage of lower depreciation compared to a new car.
99% of remittances received from january to july 2022 were destined for personal consumption
Written by Evelyn AlasThe President of the Banco Central de Reserva (BCR), Douglas Rodriguez, informed this morning that family remittances from january to july 2022 reported a total of US$4,416 million with an increase of 3.3%, or US$141 million more compared to the same period of 2021.
Container prices drop, but still not back to pre-pandemic levels
Written by Evelyn AlasThe Transporte de Inteligencia website, reports that shipping lines have initially been facing large increases in fuel costs; however, bunker prices have stabilized at a higher level and are not expected to exert significant pressure on rate increases in the second half of 2022.
The result is a drop in shipping demand and large rate reductions the second quarter and into the beginning of the third quarter. Worldwide headhaul rates are down 152 points year-on-year, however, this is still 249 points higher than their pre-pandemic level.
El Salvador and Honduras agree on actions to intensify commercial exchanges and investments
Written by Evelyn AlasAs part of the work agenda of the Vice Minister of Foreign Affairs, Adriana Mira, in Honduras, on August 12, she participated in a meeting with the executive secretary of the National Investment Council of the neighboring country, Jackie Foglia, in order to give renewed impetus to the economic relations between both nations.
Corn and bean harvest will not meet 2022 food demand: CAMPO
Written by Evelyn AlasThe President of the Cámara Salvadoreña de Pequeños y Medianos Productores Agropecuarios (CAMPO), Luis Treminio, said this morning that projections show that the food demand for basic grains, will not be covered this year because the planting this year has been less than that of 2021 and one of the influential factors has been the high cost of agricultural inputs.
Housing and FSV have invested US$500 million in housing loans and benefits
Written by Evelyn AlasThe minister of Housing, Michelle Sol, informed this morning that together with the Fondo Social para la Vivienda (FSV), they have invested US$500 million to benefit 33,000 families with credits, contributions for construction or improvement, deeds, and resettlement.
Income Tax in 2022 has increased 30.5% from january to july 2022
Written by Evelyn AlasThe Ministry of Finance (MH) indicated that the collection of Income Tax (ISR) accumulated US$1,909.7 million in the period from january to july 2022.
Of the 100% of inbound and outbound tourists from Honduras and El Salvador, both countries share 20%
Written by Coralia Cuellar// Evelyn AlasThe minister of Tourism, Morena Valdez, said in an interview that Honduras and El Salvador share 20% of the total daily visits or departures from the country.