Cámara de Comercio e Industria de El Salvador
in Central America
Monday, September 19, 2011
Private business leaders have proposed freezing the hiring of public employees and broadening the tax base to include informal businesses, among other measures.
The National Association of Private Enterprise (ANEP), also suggests that the Executive reduce public expenditure by up to 10% on the purchase of goods and services.
Monday, June 13, 2011
The Chamber of Commerce and Industry is calling for a repeal of the decree requiring unanimity in the decisions of the Constitutional Chamber of the Supreme Court.
The statement from the Chamber of Commerce and Industry of El Salvador reads:
“House asks Legislature to repeal Decree 743
Wednesday, May 25, 2011
The government aims to raise $120 million for the fight against crime.
The proposal presented by President Mauricio Funes to the Advisory Committee would mean a new tax payable by 2 000 large contributers, the resources would be used to strengthen measures against crime and insecurity in the country.
Wednesday, March 9, 2011
Businessmen are concerned with impunity in the public transportation system and are requesting for the government to enforce the Law without exceptions.
Press release from the Chamber of Commerce and Industry of El Salvador:
Monday, August 16, 2010
The Chamber of Commerce and Industry has requested that the new taxes proposed by the Treasury be discussed.
The bill proposed by the Salvadoran Treasury, the "Tax Simplification Law", proposes special charging mechanisms aimed at micro-companies and the informal sector.
Thursday, August 5, 2010
The event will be held on 25 and 26 August in Guatemala and is supported by the German BFZ foundation.
The regional coordinator, Alberto Zeni, commented that during the meeting, the "Consolidate" project results will be announced by business chambers from El Salvador, Honduras and Guatemala.
Friday, July 9, 2010
The statistic includes public and private spending and represents 10.8% of the country's GDP.
Jorge Daboub, president of the El Salvador Chamber of Commerce and Industry, indicated that in the case of private companies the annual cost of security is more than $640 million.
Wednesday, June 9, 2010
The business sector will present proposals to solve the fiscal deficit, which may also be the foundation of a social pact.
17 proposals will be presented, aimed at two large areas: reducing spending and increasing revenue.
Jorge Daboub, president of the Salvadoran Chamber of Commerce and Industry, explained: “We understand that the country has a serious fiscal problem, the deficit has worsened due to the country’s negative economic situation. As the private sector, we have produced a document that will give the government tools to correctly address the problem, in a comprehensive and effective way”, reported La Prensa Grafica.
Wednesday, June 2, 2010
Retail commerce grew 2.5% in March; it had fallen 20.9% in the same month of 2009.
According to the Monthly Economic Activity Index (IVAE), developed by the Central Bank of El Salvador, retail was the single worst performing economic sector during 2009.
Thursday, May 20, 2010
The Inter-American Development Bank (IDB) will give the funds to the Suppliers Development Program (PDP), which trains SMEs to make them more efficient.
The program, administered by the United Nations Development Programme (UNDP), is called “Programa de Desarrollo para Proveedores” in Spanish. It intends to prepare Small and Medium companies to work with large enterprises by being more competitive.
Thursday, April 29, 2010
Authorities presented a preview of the Five Year Development Plan 2010-2014; it stirred generalized criticism in the country.
Nearing its first year of tenure, the Funes administration has not yet presented its government plan, a delay that has been negatively seen by critics.
Tuesday, March 23, 2010
CEPA, the country’s port commission, intended to open the port on April; this date has been pushed forward as the facility is missing some required equipment.
CEPA wants to open the port as soon as possible, as it continues to pay maintenance costs. Inaugurated on January 2009, the port remains closed, generating monthly losses of more than $1 million.
Wednesday, March 3, 2010
In El Salvador, many argue if Congress should establish the basic rate of fixed telephony.
An article in Elsalvador.com remarks that "economic analysts and representatives of the private sector argue that lawmakers shouldn't regulate prices, as they intend to do with a decree to lower the basic fee for fixed telephony. Manuel Enrique Hinds considers the Assembly should not be lowering or increasing rates, as that is one of the functions of the Telecommunications Superintendence".
Friday, February 19, 2010
CCIES, the Salvadoran Industry and Commerce Chamber, elected Jorge Daboub for a consecutive fourth term as president.
At the general assembly of the Chamber, which took place at the Sheraton Presidente Hotel on Thursday, Jorge Daboub, an industrial and trading businessman, was elected again as president.
Friday, January 8, 2010
Costs related to crime in El Salvador top $1.2 billion each year, or 5.4% of the Gross Domestic Product.
The business sector spends $600 million a year hiring private security services, losses for theft reach $300 million, and the state spends an additional $300 million in hospital and emergency costs.
Jorge Daboub, president of the Commerce and Industry Chamber, told Laprensagrafica.com that the real cost is even higher, as "it is impossible to add extortion to the figures, as most business owners are afraid to denounce them for fear of being punished by criminals".