Displaying items by tag: EL SALVADOR

Saturday, 02 September 2023 05:17

PriceSmart is building its fourth Club in Santa Ana

With an investment of between US$20 and US$23 million dollars in infrastructure, they plan to inaugurate the PriceSmart Club in Santa Ana, said Ricardo Osorio, Operations manager for PriceSmart Clubs in Honduras and El Salvador.

Published in Business

Mayor of San Salvador, Mario Durán, presided over the inauguration ceremony of the civic month at Plaza Libertad in the Historic Center of the capital. In the event, which was attended by government officials, diplomatic corps, deputies, members of the Municipal Council and authorities of the municipality, the El Salvador Pavilion was raised, 100 members of the Municipal Symphony Orchestra performed the National Anthem and students from the capital recited the Prayer to the Flag.

 

Published in Breaking News

China is in one of the most complicated stages of its economy, since it has been experiencing a marked slowdown for a couple of months, job losses and low production for exports.

Published in Economy

So far this year, El Salvador accumulates a decrease of US$377 million in sales. Imports also fell.

 

Published in Economy

3,200 hectares of land have been used to produce 56,000 quintals of cocoa in the last 4 years in El Salvador. Of all this production some 1,500 quintals of cocoa were exported to countries such as France, Italy, Belgium and the United States.

Published in Economy

Technology, which 20 years ago was seen as something too "futuristic", today, in 2023, is a daily currency; and it is being used in virtually any industry worldwide. Logistics, mass consumption, banking, retail, pharmacies, what industry has not used this resource to progress?

 

Published in Business

Today the Asociación Salvadoreña de Industriales (ASI), inaugurated the Congreso Regional de Energía (COREN 2023), in which several institutions participated in the event, among them was AES El Salvador.

 

Published in Economy

The Ministerio de Turismo (MITUR) provided a balance sheet explaining that during the August vacation season, El Salvador was expected to receive more than 75 thousand visitors, but the number increased by 15%, that is, it welcomed 90 thousand tourists.

Published in Economy

Luis Treminio President of the Cámara Salvadoreña de Pequeños y Medianos Productores Agropecuarios (CAMPO), spoke in a television interview about the current situation of agriculture in El Salvador, mentioning that the sector is in trouble.

Published in Economy

According to the Country Situation 2023 report by the Universidad Francisco Gavidia (UFG),El Salvador has shown a drop of 11 points in its Country Risk rating in Latin America, that is, it fell from 13.28 points in may 2023 to 9.35 points as of july 31, 2023.

Published in Economy