Investment Funds in El Salvador Grow by 24.39% Until August.

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 and Panama Join Forces to Combat Tax Evasion and Smuggling.

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 to Host Travel Market 2024.

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.

El Salvador and Google Cloud Have Sealed Transformative Tech Agreement.

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.

Trade Associations Support Customs Integration between El Salvador and Guatemala.

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.

El Salvador Had A Remarkable Performance at the XV Central American and Caribbean Math Olympiad.

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.