ANEP of El Salvador calculates the trade embargo with Honduras produced $36 million in losses each day for Central America, as calculated globally.
For the Salvadorian textile industry in particular, the border closing meant estimated losses of $1 million in exports and 4,000 workers sat idle, according to calculations from the Salvadorian Chamber of Textile, Confection, and Free Trade Zones Industries (CAMTEX, acronym in Spanish) published in Elsalvador.com. At the same time, the organization estimates that Honduran factories lost $700,000 in exports to El Salvador.
Industrialists and entrepreneurs have criticized the abrupt elimination of the electricity subsidy by the government.
The Government of El Salvador had committed to a reduction of the subsidy in parts, the last reduction to be made made in October 2009. This benefit applied to consumption of more than 99 Kw/h. However, it was announced yesterday that it would not be able to continue with it, and that the regular rate would be charged beginning this month.
Management advisory firm that advises clients on issues in finance, strategy and governance, as well as on business development, raising capital.
Operates in El Salvador and Guatemala
Phone: (1) 2125450228
The International Merchant Marine Registry of Belize (IMMARBE) is under the Ministry of Finance, with its Head Office located in Belize City. The Registration of Merchant Ships Act, 1989 as amended in 1996 governs the merchant fleet.
Operates in Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama
Phone: (+501) 223 50 26
Training (on-line and in place) and consultancy in different areas such as food, safety, environmental, quality, laboratory methods. Environmental audits approval by Mexican government.
Operates in Costa Rica, Panama and Mexico
Phone: (5255) 56587889 - (5255) 24570386