8 November, 2022 - García & Bodán

El Salvador’s Superintendency of the Financial System approves a new open-end investment fund

The Board of Directors of the Superintendency of the Financial System approved a new open-end investment fund. With the approval of this type of financial instrument, mechanisms for participation in the financial market are made available to the public. First, we must understand what mutual funds ar...

Fall in foreign direct investment in Honduras, an effect of the world recession or caution due to political destiny?

At least 29% of foreign investment is lower with respect to the year 2021, in the first half of 2022, according to data reflected by the Central Bank of Honduras (BCH, for its acronym in Spanish), in its latest quarterly report. This translates into a decrease of USD 125 million, which Honduras stop...

Nicaraguan free trade zone companies sign minimum wage agreement for the next 5 years

Businessmen, workers, and representatives of the Ministry of Labor (MITRAB, for its acronym in Spanish), reached in consensus the signing of a Tripartite Agreement, which guarantees that for the next five (5) years the people working in the companies of the free trade zone sector in Nicaragua will e...

Increase in energy exports in Costa Rica

Costa Rica will host the meeting of the Regional Electricity Interconnection Commission, this as a result of the national growth regarding the export of energy in the Regional Electricity Market (MER, for its acronym in Spanish). According to the Public Services Regulatory Authority (ARESEP, for its...

IDB announces international public bidding for the Strengthening of the Secondary Data Center of the Public Prosecutor’s Office of Guatemala

The Public Ministry of Guatemala has published an international tender through the Inter-American Development Bank (IDB), to be implemented within 120 calendar days. The tender requires the strengthening of the Secondary Data Center, therefore, the Secretariat of International Affairs and Cooperatio...