Displaying items by tag: EL SALVADOR

The International Monetary Fund (IMF), called on the Central Government to control the use of bitcoin as a legal tender in the country, due to the high volatility of the cryptocurrency, which implies great risks for consumer protection, the integrity of the financial system and financial stability.

Banco Promerica El Salvador and Banco Promerica Guatemala, in order to reiterate their commitment to promote social welfare and protect the planet, have become official signatories of the United Nations Principles of Responsible Banking.

Tatiana is the first liquefied natural gas carrier in the Central American region. The vessel arrived at the Port of Acajutla, in Sonsonate to remain permanently anchored on the coast of the Pacific Ocean. An average of US$1,000 million was invested in this project.

The Fundación Ciudadana por un Consumo Responsable (FCCR), after analyzing the document "Social Panorama of Latin America 2020" prepared by the Economic Commission for Latin America (ECLAC), has found comparative information of 10 countries in the region: Bolivia, Colombia, Costa Rica, Ecuador, El Salvador, Honduras, Panama, Peru, Dominican Republic and Uruguay and as a result of the review has identified the increase of poverty by more than 6 points in several of these countries.

The Centro para la Defensa del Consumidor (CDC), indicated that El Salvador is in an economic inflation of 4.6%, being one of the countries most affected by the deficit of internal agricultural production and the lack of measures for the generation of products of the basic food basket.

The Superintendencia del Sistema Financiero (SSF), announced through its twitter account that the Integrated Stock Exchange between El Salvador and Panama reached as of october 2021, an inter-annual growth of 40.7% as of october 2021.

This morning, the President of the Corporación de Exportadores de El Salvador (COEXPORT), Marvin Melgar, together with the Executive Director of this association, Silvia Cuellar, reported in a morning interview that before the purchase of freight cost US$3,000 and now it is costing up to US$20,000 for containers imported from Asia to El Salvador via maritime transport.

In the framework of World Food Day, celebrated on October 16, Walmart, together with a group of its suppliers, carried out the "Impacto Colectivo por la Alimentación", Campaign, which consists of joining efforts to make a donation in kind, according to their business area, to the region's Food Banks.

The International Monetary Fund (IMF) confirmed today that El Salvador's economy will have an economic growth of 9% this year, which reaffirms the Banco Central de Reserva (BCR) projection made last august.

Technology specialist, Monica Taher indicated through her twitter account that the island of Roatan, neighboring Honduras, through Secretaría de Comercio e Inversiones de El Salvador are managing a project that could benefit both countries and tourism companies with the use of the Chivo Wallet.