December 17, 2021 El Salvador will modernize its statistical system and increase the use of statistical information in public and private decision-making with support from a $44 million loan approved by…
Category: EL SALVADOR
El Salvador Increase Resilience to Natural Disasters and Health Emergencies with the IDB
October 15, 2021 The Inter-American Development Bank (IDB) has approved a $400 million contingent loan for a program to help offset the possible impact of natural disasters and health emergencies…
Two Central American countries top IDB “Superheroes” list
October 1, 2021 The IDB Group announced the four winners of the Superheroes of Development 2021 Initiative’s fourth edition, which recognizes creative and innovative solutions during the execution of IDB…
KaJ Labs, a Seattle Startup, Pledges to Gift 6,000 Bitcoin ($270M) to El Salvador & Other Nations Adopting Bitcoin as Legal Tender, LITHO Utility Token Launch
September 17, 2021 El Salvador is the first country in the world to adopt bitcoin as legal tender. Now Joel Kasr, founder of KaJ Labs and Lithosphere, has pledged to gift 6,000…
El Salvador holds 400 bitcoin, price jumps
September 7, 2021 El Salvador holds 400 bitcoins, President Nayib Bukele said on Monday, one day before the country formally adopts it as legal tender alongside the U.S. dollar. Bitcoin…
MPC Energy Solutions selects EPC contractor for the construction of new 21 MW solar power plants in El Salvador
September 7, 2021 MPC Energy Solutions (MPCES) has selected ISOTRON SA, part of Spanish Grupo ISASTUR, as EPC contractor for the construction of its Santa Rosa & Villa Sol solar…
Volaris announces the obtention of the authorizations to operate through its subsidiary Vuela El Salvador, S.A. de C.V., as a national air carrier from El Salvador
September 7, 2021 Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (“Volaris” or the “Company”) (NYSE: VLRS and BMV: VOLAR), an ultra-low-cost airline serving Mexico, the United States of America,…
IDB Invest, Neoen Improve the Stability & Security of El Salvador’s Power Grid
July 27, 2021 This project will support the largest battery group in Central America. IDB Invest, a member of the IDB Group, has granted two long-term loans to the Capella…
Lift Off for Avianca Airlines’ Ontario, Calif., to San Salvador Service
July 6, 2021 Ontario International Airport (ONT) officials are celebrating the launch of Avianca Airlines’ service to El Salvador – the first of its kind between the Inland Empire to…
Invenergy, BW LNG complete $128m financing of FSRU for transformative LNG-to-Power Project in El Salvador.
May 14, 2021 Global sustainable energy developer Invenergy and global liquefied natural gas (LNG) solutions provider BW LNG today announced that they recently closed a $128.3m financial package with IDB…
Chuck E. Cheese International Expansion Continues With New Store in El Salvador
April 20, 2021 Chuck E. Cheese Opens First Ever Location in El Salvador as Part of Larger International Franchise Expansion Plan Chuck E. Cheese, the number one family entertainment venue,…
IMF takes note of massive trade shock in Central America at height of COVID-19 pandemic.
By Staff Writer December 18, 2020 The International Monetary Fund (IMF) released a country focus on the Central American region, looking at the impact the COVID-19 pandemic and Natural disasters…