Business & Economy
Minimum wage in El Salvador for all sectors.
The minimum wage in El Salvador is $365.00 a month for the commerce, industrial, and service sector; $359.16 for the maquila, manufacturing, and textile sector; $272.66 for the Coffee mill and Sugar cane harvesting coffee workers; and $243.46 for the agriculture, and coffee or cotton harvesting sector. Minimum wage … Read more
USAID to invest $30 million in El Salvador for job training
On Monday, June 14, Samantha Power, administrator of the United States Agency for International Development (USAID), announced that El Salvador will be the beneficiary of $30 million for job training. USAID seeks to train Salvadorans to take advantage of economic opportunities within the country. “Here in #ElSalvador, I’m proud … Read more
El Salvador’s small business owners uncertain about Bitcoin
On Tuesday, June 8, Salvadoran Congress passed a new law making El Salvador the first country in the world to classify bitcoin as a legal currency. The lawmakers, with 62 out of 84 votes, approved President Nayib Bukele’s proposal to embrace cryptocurrency. The Salvadoran government believes Bitcoin will… Read More
President Nayib Bukele to introduce a bill legalizing Bitcoin in El Salvador
On Saturday, June 5, President Nayib Bukele announces that he will propose a legal reform that would make Bitcoin a legal tender within the country. If the bill is approved, El Salvador would be the first nation on the globe to officially adopt this cryptocurrency. “The adoption of the … Read more
China announces the start of projects on the coastal zone of La Libertad
Yesterday, the Chinese ambassador to El Salvador Ou Jianhong announced via Twitter Message the start of projects to benefit the Salvadoran coastal zone around the La Libertad Pier. “We congratulate the Government of El Salvador for constructing the Road to Surf City, and we announce the start of work … Read more
Javier Siman warns that an economic crisis is coming to El Salvador, the government disagrees.
Javier Siman, a renowned businessman and president of the National Association of Private Enterprises (ANEP), last week in various televised events, expressed that an economic crisis is coming to El Salvador in 2021. Siman expressed that the high level of debt acquired by the Nayib Bukele administration has put … Read more
How to make money in El Salvador? Three options to consider.
Three options available on how to make money in El Salvador are to get a high paying job, open your own business, or work from home as a freelancer. Making money in El Salvador or earning a living is not as easy as other countries; nonetheless, options to make … Read more