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Now with the increase to your minimum wage as of august 1st it is US$365
Written by Evelyn Alas
In view of the announcement sent by the President of the Republic to the Consejo Nacional de Salarios Mínimo (CNS) to increase the minimum wage in El Salvador by 20% and this was approved, the increase should be effective as of august 1.
Possible closing of broadband gap would create more than 44 million jobs in El Salvador
Written by Evelyn Alas
The mission of the Inter-American Development Bank (IDB) is to assist in the development of Latin America and the Caribbean (LAC) and to finance efforts to reduce poverty and social inequality in the region.
Family remittances to reach an extraordinary amount in 2021 between US$7,166 and US$7,328 million according to FUSADES
Written by Alondra Gutiérrez
The economic analysis conducted by the Fundación Salvadoreña para el Desarrollo Económico y Social (FUSADES) announced that family remittances will reach a higher amount projected between US$7,166 and US$7,328 million, close to 28% of the Gross Domestic Product (GDP) in its central trend.
Covid-19 pandemic caused rapid deteriorations in labor markets according to "State of the Region 2021" report
Written by Alondra Gutiérrez
In-depth studies document that, in the context of the Bicentennial of the Independence of most Central American countries, the region is going through a bleak outlook: the worst crisis in decades.
Ahorro Previsional Voluntario: Crecer's Plan Dinámico delivered good results for the first half of 2021
Written by Alondra Gutiérrez
The Plan Dinámico del Fondo de Ahorro Previsional Voluntario (APV) Crecer-Balanceado has registered positive results for clients during the first semester of 2021, despite the particularities such as the economic recovery of the country due to the health crisis caused by Covid-19.
Fuel prices to increase up to US$0.06 in El Salvador
Written by Alondra Gutiérrez
The Ministerio de Economía (MINEC) announced the new prices for gasoline and diesel in different areas of the country, for the next fortnight.
Prices of eggs, oils, milk and vegetables increase up to 33%.
Written by Evelyn Alas
The Defensoría del Consumidor (DC) mobilized to some establishments selling products of the basic food basket to monitor and investigate the increase in products such as oils, eggs, vegetables and medical supplies.
First Public-Private Partnership to modernize and expand Comalapa Airport Cargo Terminal
Written by Evelyn Alas
The Expansion and Modernization Project was presented this morning by CEPA, PROESA and MOP officials to deputies of the Legislative Assembly. Under the Public-Private Partnership scheme, private investment in the first phase amounts to US$14 million and US$49 million in the second phase.
Legislative Assembly approves reforms to the Electronic Signature Law
Written by Alondra Gutiérrez
With 75 votes the Legislative Assembly approved a reform to the Electronic Signature Law, with the purpose of giving validity and facilitating the use of electronic documents in El Salvador.