El Salvador’s favorable security climate has facilitated the execution of new projects with foreign capital in various sectors such as tourism, agribusiness, urban development, and commercial infrastructure, among others. Seguir leyendo Salvadorans Abroad Invest $577 Million in the Country.
A delegation from the Native Women’s Association of Canada (NWAC) recently visited El Salvador to explore the commercial opportunities offered by the country. They were captivated by the country’s handcrafted products and Salvadoran coffee, resulting in purchases totaling over $10,000. Seguir leyendo Native Women’s Association of Canada Shows Interest in Salvadoran Handcrafted Products and Coffee.
In a recent interview with Radio YSKL, Morena Valdez, the Minister of Tourism, shed light on the various initiatives undertaken by her ministry to promote tourism and enhance the country’s growth in this sector. One of the key highlights discussed was the highly anticipated ISA World Surfing Games 2023, which is set to bring together more than 500 athletes and accompanying guests. Seguir leyendo ISA World Surfing Games 2023: El Salvador Anticipates Over 500 Athletes and Accompanying Guests.
Renowned economist Saifedean Ammous delivered a lecture to students at CUBO+, a project supported by the Bitcoin Office, where he shared his expertise on Bitcoin with aspiring programmers in El Salvador. Seguir leyendo Palestinian Bitcoin Expert Trains Salvadoran Programmers.
El Salvador has emerged as a favorable environment for financial technology (fintech) companies, with 80% of local fintech firms experiencing growth and expansion, according to a study conducted by Torres Legal, a legal company with expertise in new technologies. The research highlights the role of the government in driving the growth of the fintech ecosystem. Seguir leyendo Fintech Ecosystem in El Salvador: 80% of Companies Experience Growth and Expansion.
El Salvador has emerged as a safe and enticing destination for international tourists, attracting cruise ships with thousands of visitors, with 90% of them stopping to explore the country’s tourist destinations, according to Forbes. Seguir leyendo Forbes Highlights the Importance of Cruises for El Salvador in 5 Key Points.
The Ministry of Foreign Affairs has successfully facilitated $1.75 million in exports and investments, signaling a thriving business environment in El Salvador. In the first four months of 2023 alone, the institution supported the implementation of business projects worth $940,000, specifically focusing on real estate tourism and the importation of electric vehicles. Seguir leyendo Ministry of Foreign Affairs Achieves $1.75 Million in Exports and Investments.
El Salvador has emerged as a prime destination for energy investments, attracting the attention of several US and European companies interested in investing in the national electricity sector. The arrival of five or six companies keen on making investments would enhance the capacity to supply Salvadoran households, according to Edwin Núñez, the president of Etesal. Seguir leyendo Energy Companies from the US and Europe Explore Investment Opportunities in El Salvador.
Bitcoin company Fold has announced its plans to expand in El Salvador, including the establishment of a new office that will serve as its base for operations in Latin America. Seguir leyendo Fold Inc., a Bitcoin company, expands its operations in El Salvador.
The third edition of Adopting Bitcoin, an event that promotes knowledge about the digital asset ecosystem and showcases El Salvador as an ideal investment destination, will be held in November Seguir leyendo Third Edition of Adopting Bitcoin to Take Place in El Salvador this November.