Salvadoran Industry Affected by High Energy CostsWednesday, March 17, 2010 Industrial companies complain that the high cost of energy is taking its toll on the competitiveness of the country’s industries. This was stated by Javier Ernesto Simán, president of ASI, the Salvadoran Industrial Association. He remarked the country needs to increase its generation of renewable energy. Slight Recovery of Salvadoran IndustryTuesday, December 7, 2010 Despite adverse economic conditions the industry has managed to grow 1.27% this year. Details given by the Salvadoran Association of Industrialists (ASI), indicate the area which have rebounded the most is textiles, while construction closed with a negative -5.4%. Industrial Exports StalledTuesday, October 16, 2012 The Salvadoran industry sold $3,649,000 worth of goods between January and August 2012, 0.5% less than in the same period in 2011. The decline occurred despite a 8.5% increase in export volumes, which reached 2.009 million kilograms, 158 million more than in the previous year. Governments Do Not Create WealthThursday, June 28, 2012 "What makes a country prosperous is not its resources but how productive it is. A country is not rich because of what it has but because of what it does with it " - Javier Simán. An analysis by Claudio M. de Rosa in an article in Laprensagráfica.com, refers to the economical situation and the political circumstances in El Salvador, but most of the concepts and findings can be extrapolated to the entire Central American region. A Disappointing 2014 For Industrial Sector in El SalvadorWednesday, December 3, 2014 In the view of industrialists, bureaucracy, excessive tax burden, high electricity rates and insecurity explain the limited performance of the industrial sector during 2014. From a statement issued by the Salvadoran Association of Industrialists (ASI): El Salvador: Opposition to New Water RatesMonday, September 19, 2016 Employers indicate that the inclusion of new rates for extraction and dumping of industrial water in the Water Law, which is under discussion in the legislature, will affect the competitiveness of the sector. Although the government said the new charges included in the water bill were already agreed upon with the business sector, representatives of this sector state that there is confusion surrounding the project, because "... charges for the use and exploitation water, stipulated in the draft, represent a "duality" because industry already pays the National Administration of Aqueducts and Sewers (ANDA) a similar charge." El Salvador: Industrial Fair 2016Thursday, September 22, 2016 The meeting of industrial companies will be held in San Salvador from October 6 to 8 at the International Center for Fairs and Conventions. From a statement issued by the Salvadoran Association of Industrialists (ASI): El Salvador: Industrial Fair 2015Friday, July 17, 2015 The meeting of industrial companies will be held in San Salvador from 8 to 11 October and at the same time Expo Taiwan will take place. From a statement issued by the Salvadoran Association of Industrialists (ASI): News in El Salvador IndustryThursday, April 18, 2013 The sector has to deal with high energy costs, poor infrastructure and excessive government bureaucracy, which is hampering growth and reducing competitiveness. A statement from the Salvadoran Association of Industrialists (ASI) reads: Optimism Over Economic Growth in Industrial SectorWednesday, October 9, 2013 During the second quarter of 2013 the Guatemalan industrial sector grew by 7.4% with food and beverages showing the largest increase. The information was released by the chief of the Bank of Guatemala, Edgar Barquín, during a presentation on the economy and the outlook for 2014. Stimulus for Panamanian IndustryTuesday, July 21, 2009 Ricardo Martinelli's administration will write a law supporting and stimulating industry and agribusiness. The new regulation will foster economic activity in these sectors, and will be based on the derogated 11th Industrial Stimulus Law. FTA with South Korea: Never Ending StoryWednesday, June 27, 2018 In Guatemala, agricultural entrepreneurs insist that opportunities will be lost if the agreement is not signed, while industrialists propose analyzing the conditions in more detail. The National Coffee Association believes that the Ministry of Economy has abandoned talks with the Korean government, which harms them since the Asian country is a growing market that recognizes the quality of the grain. Panamanian Industry TransformsThursday, May 3, 2012 Food companies and those related to the construction industry have successfully managed to adapt to changes in the last few decades. The entrance into the World Trade Organization (WTO), unilateral lower tariffs and more recently the entry into force of the Free Trade Agreement (FTA), have been challenges for evolving and managerial capacities, and for industrial adjustment in Panama in the last two decades. Multipurpose Real Estate Development in El SalvadorTuesday, March 26, 2019 In San Miguel, a 200-block lot is being built as a complex that will offer spaces for industry, commerce and residences, a project for which an investment of $21 million is projected. P&D Desarrollo Inmobiliario, is the Salvadoran company that executes the project called "Desarrollo San Andrés", which is located in the municipality of Quelepa, about three kilometers from the city of San Miguel. Industrial Regional Summit in GuatemalaWednesday, July 19, 2017 On October 18, businessmen from the region will be gathering together in Guatemala City to participate in business meetings and conferences on topics related to industry, innovation and business. From a statement issued by the Chamber of Industry in Guatemala: |
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