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Users will be able to open bank accounts with DUI only and without minimum amounts
Written by Evelyn Alas
As part of the efforts made by the deputies of the Financial Commission, next november 29, the reform to Article 20 of the Law to Facilitate Financial Inclusion will enter into effect, so users will be able to open a savings account in commercial banks, cooperatives or savings and loan companies in a simplified manner.
CABEI issues new private placement despite current market conditions
Written by Evelyn Alas
The Central American Bank for Economic Integration (CABEI) has issued another private placement in 2022. This particular issuance was for an amount of US$50 million for a 3-year term, which represents CABEI's 39th issuance in the U.S., reaching a historical aggregate amount of US$4.5 billion equivalent to close to 30% of the Bank's historical issuances.
Economy Commission to invite BCR to study reforms to the Commercial Registry Law
Written by Evelyn Alas
The deputies that make up the Economy Commission received the files for the Reforms to the Law of Commerce Registry for the Banco Central de Reserva (BCR), to issue the Solvency of Registration of Statistical Information of Companies to be studied next week.
El Salvador will not be affected despite simultaneous interest rate hikes
Written by Evelyn Alas
The U.S. Federal Reserve (FED) announced a new interest rate hike. On this occasion, the sixth so far in 2022, it increased by 0.75%.
This is the second best year for remittances in Central America
Written by Evelyn Alas
According to Bloomberg magazine, family remittances in Central America's Northern Triangle El Salvador, Guatemala and Honduras are on track to close their second best year in the last 10 years, a significant step considering that 2021 broke records.
Farmers received fungicides by MAG to guarantee basic grains production
Written by Evelyn Alas
The Ministerio de Agricultura y Ganadería (MAG), has delivered aid, consisting of agricultural inputs, to thousands of farmers, to maintain the projection of basic grains harvest and ensure food security for the population, despite the damage to crops left by tropical storm Julia.
Tomorrow is the last day to settle your debts with the Treasury through tax amnesty
Written by Evelyn Alas
The Ministry of Finance reminds salvadorans that tomorrow november 1st, is the last day for individuals or companies to take advantage of the tax amnesty and pay their debts with the institution.
Four cases filed for alleged tax evasion for US$500 thousand
Written by Evelyn Alas
The minister of Finance, Alejandro Zelaya, arrived at the Fiscalía General de la República (FGR), to present four new cases for alleged tax evasion for an approximate amount of US$500 thousand.
For the second year, companies are invited to apply for the Premio Nacional al Trabajo Decente
Written by Evelyn Alas
With the purpose of recognizing compliance with rights, good practices and the generation of positive, favorable and dignified environments for a better performance and well-being of workers, the Ministry of Labor launched for the second consecutive year the call for the Premio Nacional al Trabajo Decente.