Displaying items by tag: increase
Now with the increase to your minimum wage as of august 1st it is US$365
In view of the announcement sent by the President of the Republic to the Consejo Nacional de Salarios Mínimo (CNS) to increase the minimum wage in El Salvador by 20% and this was approved, the increase should be effective as of august 1.
Fuel prices to increase up to US$0.06 in El Salvador
The Ministerio de Economía (MINEC) announced the new prices for gasoline and diesel in different areas of the country, for the next fortnight.
Prices of eggs, oils, milk and vegetables increase up to 33%.
The Defensoría del Consumidor (DC) mobilized to some establishments selling products of the basic food basket to monitor and investigate the increase in products such as oils, eggs, vegetables and medical supplies.
FECAICA seeks to increase participation in the regional electricity market
Central American industrial companies seek to increase participation in the Mercado Eléctrico Regional (MER) and negotiate directly with electricity generators the most convenient price conditions in the market for non-residential consumers or large final purchasers of electricity.
MSMEs will benefit from subsidy for minimum wage increase, according to Finance minister
The minister of Finance, Alejandro Zelaya, mentioned, during a television interview in which the subject of the reform to the Law for the Creation of the Ley de Creación del Fideicomiso para la Recuperación Económica de las Empresas Salvadoreñas (FIREMPRESA), submitted yesterday to the Legislative Assembly, was discussed.
Minister of Economy and minister of Finance presented reform to FIREMPRESA Law to subsidize minimum wage increase
Through the reforms to the Ley de Creación del Fideicomiso de Recuperación Económica de las Empresas Salvadoreñas (FIREMPRESA), the Government proposes to allocate US$100 million to subsidize the increase in the minimum wage of micro, small and medium-sized enterprises (MSMEs).
BANDESAL will present next week to the Assembly a reform for the subsidy to MSMEs in view of the increase in the minimum wage
The president of Banco de Desarrollo de El Salvador (BANDESAL), Juan Pablo Durán, informed that next week will be submitted the reform for the subsidy to micro, small and medium enterprises (MSMEs) as part of the support before the increase in the minimum wage for 12 months.
New fuel prices increase to US$0.06 for the next fortnight in the country
The Ministerio de Economía (MINEC) announced the new prices for gasoline and diesel in different areas of the country for the next fortnight.
Defensoría del Consumidor continues with the “Plan de Inspecciones” in light of the announcement of the minimum wage increase
The Defensoría del Consumidor (DC) once again carried out the application of the national plan of inspections to avoid speculation and hoarding of products of the basic food basket, after the announcement of the increase in the minimum salary.
20% increase in minimum wage approved in El Salvador
The Consejo Nacional de Salario Mínimo (CNSM) approved a 20% increase to the minimum wage in El Salvador. The measure will be implemented as of august of this year.