The Vice Minister of Foreign Affairs, Adriana Mira, and the Commercial Director of the Belgian air transport company ASL Airlines Belgium, Todo Hildreth, signed a memorandum of collaboration on Friday. Seguir leyendo El Salvador and Belgian company ASL Airlines Belgium sign memorandum of collaboration.
El Salvador, being that recently a digital assets law was passed earlier in the year, has established a regulatory framework for cryptocurrencies. Seguir leyendo Strike Expands Bitcoin Payments to 65 Countries and Establishes Global Headquarters in El Salvador.
The Ministry of Economy (Minec) and the Inter-American Development Bank (IDB) have launched the “Digital Economy” platform. This initiative aims to integrate and connect the various actors within El Salvador’s innovation and entrepreneurship ecosystem, while promoting the digital and technological services sector. Seguir leyendo Government of El Salvador and IDB Launch “Digital Economy” Platform.
The Government of President Nayib Bukele has initiated the “Connecting El Salvador” project, aiming to promote connectivity and innovation in public spaces such as parks and squares across the country. As part of this initiative, free access to high-quality broadband internet will be provided in these areas. The project’s goals include fostering technological, social, educational, and economic development while also reducing the digital divide. “The … Seguir leyendo El Salvador Launches “Connecting El Salvador” Project to Promote Connectivity and Innovation.
The latest fuel price references in El Salvador reflect significant decreases, making it one of the countries in Central America with the lowest gasoline and diesel prices. Compared to Costa Rica, where prices exceed $5.00, El Salvador stands out with considerably lower fuel costs. Seguir leyendo El Salvador’s Fuel Prices Among the Lowest in the Region.
The 1st Ibero-American Parks Congress kicked off in San Salvador, showcasing the significance of public spaces for societal development. The event commenced with over 200 attendees gathering at Cuscatlán Park. Seguir leyendo First Ibero-American Parks Congress Inaugurated in San Salvador.
Bandesal, the state-owned bank, will channel $100 million in funds from the Inter-American Development Bank (IDB) to benefit around 4,000 Mipymes (micro, small, and medium-sized enterprises). Seguir leyendo Bandesal to Inject $100 Million into Mipymes.
The representative of the Latin American Development Bank in El Salvador, Óscar Avalle, has reiterated his congratulations to the country for the upward trend in credit ratings by Fitch Ratings and S&P Global Ratings. Seguir leyendo El Salvador’s Credit Ratings Continue to Rise, Bolstered by Government Efforts for Sustainable Development.
Thanks to investments made by various state-owned companies, renewable generation has seen a notable increase. In April alone, El Salvador produced a total of 240 gigawatt-hours (GWh) of renewable energy, as reported by the DGEMH. Seguir leyendo El Salvador Leads in Geothermal Energy Generation, Boosting Economy and Energy Stability.
The innovative Bitcoin ATMs developed by Salvadoran company K1 have been warmly embraced in Europe, the United States, and Latin America due to their ability to quickly and securely acquire Bitcoin. Seguir leyendo Salvadoran Company Exports Bitcoin ATMs to Europe.