Commercial insurance prices in Latin America moderate, with increases of 5%.
Written by Evelyn AlasGlobal commercial insurance prices increased 9% and in second quarter2022 (versus an 11% increase in Q1 2022), according to the Global Insurance Market Index, continuing a trend of moderating rate increases that began in first quarter 2021.
Huawei to continue leading the network base station market in 2022
Written by Evelyn AlasChinese technology giant Huawei, remains the leading global provider of cellular base stations, with a 29.0% share during 2022, according to the latest data released by market researcher TrendForce.
Garments, textiles and plastics are the most exported from january to july 2022
Written by Evelyn AlasThe President of the Banco Central de Reserva (BCR), Douglas Rodriguez, informed this morning that the accumulated exports from january to july 2022 grew 17% compared to the same period last year.
Current and savings deposits up, but time accounts down
Written by Evelyn AlasEconomic expert and consultant, Otto Boris, informed through his Twitter account that deposits for current and savings accounts have increased at a lower rate, but term deposits have stagnated.
To strengthen financial liquidity of Central Banks in the region, CABEI increases credit line to US$500 million
Written by Evelyn AlasIn order to support the liquidity management of the Central Banks of the founding and non-founding regional member countries of the Central American Bank for Economic Integration (CABEI), the multilateral development institution approved the expansion of the Credit Program from US$200 million to US$500 million for each eligible country.
CABEI reinforces its commitment and principles of transparency
Written by Evelyn AlasThe Central American Bank for Economic Integration (CABEI) has made great strides in terms of transparency and access to information through the application and strict compliance with its Access to Information Policy as well as all international norms and standards of the AML/CFT/FPDMA Risk Management System, Integrity and Sanctions and its Anti-Fraud, Anti-Corruption and Other Prohibited Practices Policy.
USAID, Fundación Rafael Meza Ayau and FUNDEMAS present results of the existing labor supply and demand for youth in the municipality of Soyapango
Written by Evelyn AlasThis study was conducted with the support of the company Analítika, and its objective was to "identify, define and characterize the supply and demand of the labor market in the municipality of Soyapango, the existing relationships between training and labor insertion, and the prospects for future employment generation", providing evidence and reliable information to better support vulnerable groups by offering them job training and effective job matching processes.
US$4.1 million allegedly evaded in taxes by 3 corporations and 2 legal entities
Written by Evelyn AlasThe Minister of Finance, Alejandro Zelaya, arrived at the Fiscalía General de la República (FGR) to present 5 new notices to the Dirección de Defensa de los Intereses del Estado por presunta evasión fiscal de Impuesto Sobre la Renta (ISR) and Value Added Tax (VAT).
From august 1 to 7,130 thousand payments were made in Transfer365: BCR
Written by Evelyn AlasThe Banco Central de Reserva (BCR), informed that during the holiday period from august 1 to 7, 2022, 130 thousand payments and interbank transfers were made through the Transfer365 electronic payment service.