El Salvador’s financial indicators continue their upward trajectory, demonstrating the trust of investors in national regulations and the opportunities within the Salvadoran stock market. According to the Superintendencia del Sistema Financiero (SSF), as of August, both open and closed-end investment funds saw a remarkable year-on-year growth of 24.39% in their assets, equivalent to $107.58 million more than the previous year. Seguir leyendo Investment Funds in El Salvador Grow by 24.39% Until August.
El Salvador maintains a resounding reduction in inflation, with a rate of 3.04% in August of this year, solidifying its position among the least affected countries in the Central American region. Seguir leyendo Inflation Retreats for Twelfth Consecutive Month in El Salvador.
The United States Ambassador to El Salvador, William Duncan, reaffirmed the strong bonds of friendship and cooperation between his country and El Salvador during a meeting with the Vice President of the Republic, Félix Ulloa. Seguir leyendo Ambassador Duncan Reiterates U.S.-El Salvador Friendship Ties
The Trinational Commission for the Trifinio Plan (CTPT) launched transboundary development initiatives aimed at propelling the participatory master plan for the Trifinio Region. Seguir leyendo Trifinio Region Launches Transboundary Development Initiatives for Well-being.
The fight against fiscal crimes, including smuggling, is a top priority for President Nayib Bukele’s government in El Salvador. To strengthen their efforts, the Directorate General of Customs of El Salvador (DGA), a branch of the Ministry of Finance, has entered into a memorandum of understanding with the National Customs Authority of the Republic of Panama. Seguir leyendo El Salvador and Panama Join Forces to Combat Tax Evasion and Smuggling.
El Salvador has been chosen as the host for the prestigious Centroamérica Travel Market 2024, according to Morena Valdez, the Minister of Tourism. The decision to hold this significant regional tourism event in the country is a testament to the newfound levels of security and the positive outcomes achieved in the tourism sector. Seguir leyendo El Salvador to Host Travel Market 2024.
The Government of Nayib Bukele continues to solidify El Salvador’s position as a premier tourist destination while steadfastly working towards regional integration and development in this sector. Seguir leyendo Central America Unites: Minister Morena Valdez Drives Multi-Destination Tourism Agenda.
President Nayib Bukele of El Salvador and Google Cloud CEO, Thomas Kurian, have sealed a groundbreaking deal that brings Google Cloud’s operations to the country. This move is part of El Salvador’s vision to become a leading regional tech hub. Seguir leyendo El Salvador and Google Cloud Have Sealed Transformative Tech Agreement.
The implementation of the Advance Goods Declaration at shared border crossings between El Salvador and Guatemala has garnered support from trade associations. The initiative has been hailed as a positive step towards streamlining trade and fostering economic dynamism, as emphasized by Cifacil. Seguir leyendo Trade Associations Support Customs Integration between El Salvador and Guatemala.
The XV Central American and Caribbean Mathematical Olympiad witnessed a remarkable feat as El Salvador’s mathletes clinched top honors. The Ministry of Education (Mined), a staunch supporter of fostering young talent in the realm of mathematics, played a pivotal role in enabling this achievement. Seguir leyendo El Salvador Had A Remarkable Performance at the XV Central American and Caribbean Math Olympiad.