Displaying items by tag: EL SALVADOR

El Salvador is on the list of candidates with the greatest potential to become the next headquarters of the Central American debt market.

The President of the Banco de Desarrollo de El Salvador (BANDESAL), Juan Pablo Durán, indicated in a morning interview that on february 27, 2022, a group of 50 argentinean investors will visit El Salvador, in order to initiate new cooperation projects.

A recent study by the Economic Commission for Latin America and the Caribbean (ECLAC), El Salvador ranks among the three Latin American economies best prepared to face the coming year.

The Ministry of Tourism (MITUR) informs salvadorans that the tourism projection at the end of 2021 will be US$1,447 million in foreign exchange from tourism.

The Banco Central de Reserva de El Salvador (BCR), provided an economic balance in which it announced that the Gross Domestic Product (GDP) in the country registered a growth of 11.7% in the third quarter of 2021.

The presidential commissioner for Strategic Projects, Cristian Flores, informed that during his business tour between dcember 6 and 11 in South Korea, companies showed interest in investing in the country.

On december 8th, an agreement was signed in the framework of the implementation of the World Vision's program "Jóvenes Súper Pilas" and in coordination with Asociación Fe y Alegría. This agreement seeks to formalize the institutional relations between Asociación Fe y Alegría and World Vision, to incorporate young people belonging to the project Jóvenes Súper Pilas to the virtual or face-to-face courses promoted or given by Fe y Alegría.

In order to face the spread of the pandemic caused by COVID-19 in El Salvador and to protect the personnel of the Ministry of Health (MINSAL), this thursday the Central American Bank for Economic Integration (CABEI) and the Republic of Korea, through the CABEI-Korea Sole Donor Trust Fund (KTF), formalized the donation of more than 32 thousand protective suits for this institution.

According to Monica Machuca, Senior Manager of legal services of EY, in El Salvador every employer is obliged to give its workers a bonus for each year of work as Christmas bonus. To estimate the calculation of the Christmas bonus, the salary earned and the years of seniority in the company must be known.

At the closing of the sixth edition of the Territorial Development Week, there was a discussion on: The Future of Territorial Development in El Salvador, where in the first keynote address, there was the contribution of Oscar Cabrera, economist and representative Fundación para el Desarrollo de Centroamérica (FUDECEN focuses his keynote address: "A path towards intra-regional equality in El Salvador").