Displaying items by tag: EL SALVADOR

Bancoagrícola continues to reaffirm its strength and leadership in the financial sector, recording impressive figures last year, which is why it has once again been recognized by LatinFinance as Bank of the Year 2023 - El Salvador.

The country exported US$184.2 million in sugar with a sales price of US$21.09 per quintal from january through november 2023.

In an effort to strengthen cooperative relations and open business opportunities for our country, the Cámara de Comercio e Industria de El Salvador (Camarasal) signed cooperation agreements with leading national and international strategic allies. 

Price inflation in El Salvador remains with an annual margin of 2.11%, which is 5.22 percentage points less than the one registered in 2022 that stood at 7.32%. This implies a lower price compared to last year.

The price of the basic food basket in El Salvador has not varied much in this year that is about to end, since in the urban area of the country prices have remained between US$245 and US$257 throughout the year, while in the rural area prices have varied between US$185 and US$193.

Thanks to the implementation of technology in the processes with the Electronic Baggage Declaration, travelers can enter the country quickly, in just 10 seconds.

The Government of El Salvador reaffirms its commitment to continue promoting activities and projects that encourage domestic tourism, strengthen the local economy and highlight the cultural and natural diversity that characterizes the country.

The Banco Central de Reserva presented data on how the country's 19 economic activities grew in the third quarter of 2023, where the construction, electricity and professional services sectors were the most productive in the country.

The Superintendencia del Sistema Financiero has announced that savings accounts in El Salvador have grown a total of 275,385 in recent years, which means that this financial service is growing.

172 MSMEs led by women in Guatemala, Honduras and El Salvador were analyzed by the Centro Regional de Promoción de la mipyme (Cenpromype), within the framework of the Program "Economic Empowerment of Women in the Northern Triangle", which is an initiative of the Organization of American States (OAS), with funding from the U.S. Department of State and META.