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Transitory decree issued so that board meetings can be held virtually
Written by Evelyn Alas
Deputies of the Economy Committee of the Legislative Assembly, issued a favorable opinion to the transitory provisions that seek to enable the meetings of boards of directors of legal entities through electronic means, which seek to favor the salvadoran economy.
Transportation sector crisis could last until 2023 and sustain negative effects on the economy
Written by Evelyn Alas
Global trade underwent substantial changes as of march 2020, after the Covid-19 pandemic was declared. Trade exchanges altered their dynamics during most of the previous year, so that, at the end of the confinement periods, there was a phenomenon of over-demand of goods, especially those coming from the Asian continent, multiplying the costs of cargo transportation and logistic services.
Fuels could decrease US$0.16 as of monday, december 13
Written by Evelyn Alas
Fuel expert Julio Villagran, explains that the last variation of 2021, in fuel prices will present important reductions in premium gasoline, regular and diesel.
Quantum Motors to invest US$2.5 million to install an electric car factory in the country
Written by Evelyn Alas
Minister of Economy, María Luisa Hayem and Executive Secretary Salvador Handal participated in the launching of Quantum, a Latin American electric car manufacturer, which will invest US$2.5 million to install a factory in El Salvador that will generate more than 390 jobs.
Economy expects job recovery to drive economic growth of 10.3% by the end of 2021
Written by Evelyn Alas
The minister of Economy, Maria Luisa Hayem, in a morning interview explained that the recovery of jobs will help the country's economic growth during the closing of 2021 with 10.3%.
Ministry of Finance issues favorable opinion for US$1 billion securities issue to FOVIAL
Written by Evelyn Alas
The Treasury and Special Budget Committee of the Legislative Assembly issued a favorable opinion to authorize the Fondo de Inversión Vial (FOVIAL) to issue securities in the domestic or international market for up to US$1 billion.
Defensoría verifies that commercial establishments in Sonsonate comply with Consumer Protection Law
Written by Evelyn Alas
The President of the Defensoría del Consumidor, Ricardo Salazar, verifies the inspections operations developed by the institution in a shopping mall in the city of Sonsonate, to verify compliance with the Consumer Protection Law.
Life insurance financially protects your family and others who depend on your income. If you have life insurance, it will make payments after you die to the person you designate in your policy. This person is called your beneficiary. You can name more than one beneficiary.
COEXPORT expects 2021 to close with US$6.5 billion in exports
Written by Evelyn Alas
The Corporación de Exportadores de El Salvador (COEXPORT), was in a morning interview in which they explained that, in 2021, exports have grown compared to 2019 and ensure that by the end of the year these will grow US$6,500 million between goods and services.