Displaying items by tag: EL SALVADOR

The presidential commissioner for Strategic Projects, Cristian Flores, informed that during his business tour between dcember 6 and 11 in South Korea, companies showed interest in investing in the country.

On december 8th, an agreement was signed in the framework of the implementation of the World Vision's program "Jóvenes Súper Pilas" and in coordination with Asociación Fe y Alegría. This agreement seeks to formalize the institutional relations between Asociación Fe y Alegría and World Vision, to incorporate young people belonging to the project Jóvenes Súper Pilas to the virtual or face-to-face courses promoted or given by Fe y Alegría.

In order to face the spread of the pandemic caused by COVID-19 in El Salvador and to protect the personnel of the Ministry of Health (MINSAL), this thursday the Central American Bank for Economic Integration (CABEI) and the Republic of Korea, through the CABEI-Korea Sole Donor Trust Fund (KTF), formalized the donation of more than 32 thousand protective suits for this institution.

According to Monica Machuca, Senior Manager of legal services of EY, in El Salvador every employer is obliged to give its workers a bonus for each year of work as Christmas bonus. To estimate the calculation of the Christmas bonus, the salary earned and the years of seniority in the company must be known.

At the closing of the sixth edition of the Territorial Development Week, there was a discussion on: The Future of Territorial Development in El Salvador, where in the first keynote address, there was the contribution of Oscar Cabrera, economist and representative Fundación para el Desarrollo de Centroamérica (FUDECEN focuses his keynote address: "A path towards intra-regional equality in 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.