The construction of the new stadium donated by the People’s Republic of China will begin at the end of September this year, revealed the president of the Salvadoran Institute of Sports of El Salvador (INDES), Yamil Bukele, speaking about the new innovations for sports in the country. Seguir leyendo Construction of the New National Stadium of El Salvador will begin at the end of September
La Libertad will become one of the most emblematic departments for tourism in the country. The renovations carried out in El Malecón and the construction of the amusement park will make the sector stand out, and more tourists will arrive in El Salvador. Seguir leyendo Amusement park in the port of La Libertad is nearing completion
The Dominican airline Arajet could begin direct operations between San Salvador and the Dominican Republic at the end of July, after company executives and the government of El Salvador began official negotiations.
As part of these efforts, on Tuesday President Nayib Bukele, together with the Commissioner of Strategic Projects, Cristian Flores, and the country’s director of the Central American Bank for Economic Integration (CABEI), Luis Rodríguez, held a meeting with senior executives of the Dominican airline Arajet , to discuss future investments in the country. Seguir leyendo Arajet begins official negotiations to operate in El Salvador
The tender for «a historic project» was announced this morning by the Public Works authorities and the Central American Bank for Economic Integration (CABEI). This is the Los Chorros project, which consists of the intervention of three sections of the Pan-American highway, to improve connectivity, boost the country’s economy, and provide road safety for drivers. Seguir leyendo The tender for the Los Chorros road megaproject has begun
Pacific Energy (EDP), inaugurated this Monday the operations of a plant that generates energy from natural gas in Acajutla, Sonsonate.
The project is a 378 megawatt (MW) natural gas-based power plant, a floating storage and regasification unit, and an electrical transmission line of around 44 kilometers, which will connect to the Electrical Interconnection of the Countries of Central America (Siepac). Seguir leyendo The natural gas plant Energía del Pacífico begins operations in Acajutla, Sonsonate
Due to the 11 measures against world inflation, implemented by the government of President Nayib Bukele, El Salvador has the lowest inflation rate in the region. Seguir leyendo Inflation in El Salvador fell from 6.7% in March to 6.55% in April
The Ministry of Public Works (MOP) develops various connectivity and road infrastructure projects as part of the Mobility and Logistics Plan, with which they seek to reduce the time and cost of freight transport that circulates between nations.
According to the head of public works, Romeo Rodríguez, the plan «will reduce transport times mainly with Guatemala, which is where most of the exports move,» he said this morning in the YSKL radio interview. Seguir leyendo The Ministry of Public Works improves the roads to the borders as part of the mobility and logistics plan
El Salvador accumulated $2,476.1 million in exports in April of this year, surpassing the same period in 2021 by $328.1 million, which represented a growth rate of 15.3%, reported the Central Reserve Bank (BCR).
Non-traditional goods represented 74.7% of total exports ($1,848.6 million), while traditional goods contributed 6% ($149.7 million) and maquila 19.3% ($477.8 million). Seguir leyendo Exports from El Salvador broke a record and grew 15.3% in April
This Tuesday, government officials handed over the new street access to El Boquerón, on Monseñor Romero Boulevard. Seguir leyendo New street access to El Boquerón, on Monseñor Romero Boulevard will benefit more than 8,000 drivers
The government of President Nayib Bukele generates all the conditions to guarantee legal security and economic stability, as well as development in the country.
In this context, in El Salvador, the event «Digital Financial Services and Financing of SMEs» is held, which hosts 44 countries attached to the Alliance for Financial Inclusion (AFI, for its acronym in English), which will discuss for four thematic days on financial inclusion, digital economy, bankarization, as well as bitcoin in El Salvador, and other related topics.
Seguir leyendo El Salvador was chosen as the host country to address global financial inclusion issues