Economic NEWS

Nayib Bukele

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

La Libertad pier

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

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

Avianca Airplane

Avianca Airline with a new direct route between San Salvador and Ontario


Starting in July 2021, Avianca airlines will have a new direct route connecting El Salvador’s Oscar Romero International Airport and Ontario international airport in Southern California. The route will have three weekly flights, and it will be served with A319 aircraft with a capacity of 120 passengers. Avianca announced … Read more