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Jueves, 30 Enero 2020 11:19

El Salvador and Guatemala sign open skies agreement

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El Salvador and Guatemala signed an open skies agreement on January 27th and announced that in the coming days they will open their land borders for the free passage of people, to promote full integration and reciprocal opportunities.

 

The agreement will allow all air operations between the two countries to be considered local or domestic. “We are signing something historic, we are turning El Salvador and Guatemala into countries that have always been considered as brothers, but we have not worked as brothers and now we are going to do it,” said Salvadoran President Nayib Bukele after signing the agreement with his Guatemalan counterpart, Alejandro Giammattei.

 

"This opens infinitely many possibilities for better trade, we are going to have areas that are going to lower the cost between the two countries, we are going to have a much faster border crossing," explained the Guatemalan president.

 

Giammattei also announced that they agreed that in the coming days “the borders for people between El Salvador and Guatemala” will be eliminated, and in the next three months the borders for goods will be removed “so that we have free movement of people and goods between countries ”.

 

"We are planning to clear customs between our countries, this is something that goes far beyond any free trade agreement, far beyond any customs integration," Bukele added.

 

The leaders rejected that the opening of free passage at the borders is going to encourage irregular migration.

 

The Guatemalan president said that the only thing that stops migration “is the walls of prosperity”.

 

El Salvador, Guatemala, Honduras and Nicaragua signed a Central American free mobility agreement in 2006, known as CA-4, which establishes free mobility among citizens of signatory countries without additional restrictions other than their national identity documents. However, passports are required for minors to prevent illegal trafficking of children.

El Salvador received 2.6 million visitors for tourism in 2019 wich means revenues of $ 1,761 million, a figure 15% higher than the $ 1,532 million reported in 2018, according to the Ministry of Tourism.

MITUR reported that in the past year a total of 2.6 million tourists entered the country, being July, October and November the months in which there was a greater influx of visitors, having reported for 2018 a total of 2.5 million tourists, which represents an increase of 4%.

 

Although El Salvador received tourists from all over the world, the list was headed by Guatemala, followed by the United States and Honduras, which contributed 35%, 34% and 16% of total visitors respectively.

 

In December, 282,424 visitors were reported entering the country through different routes (air, land and sea). In contrast to 2018, the registry was 273,605 visitors.

 

For MITUR, the Surf City El Salvador Alas Latin Pro2019 and ISA World SUP, and Paddleboard Championship, opened a unique opportunity for the country in terms of positioning as a tourist destination.

The International Surf Association ISA announced on January that El Salvador has been chosen to host the ISA 2020 World Surf Games.

 

In this important world event "twelve Olympic qualifiers (seven women and five men) will be determined by making 2020 a historical edition of the event," says ISA on its website.

 

The ISA World Surfing Games will bring an unprecedented global level of attention to the country and the almost unlimited world-class resource that is its waves throughout the year, the ISA considered.

 

El Salvador competed against Japan, Australia, Costa Rica and Spain to obtain this designation. It is a historic World Cup that will serve as a classification for the first Olympics where surfing will participate.

 

The ISA explained that the competition, which uses a double podium format, will take place in two waves: El Sunzal and La Bocana, in the coastal area of ​​La Libertad.

 

The 2019 edition of the ISA World Surfing Games in Miyazaki, Japan, reached an unprecedented participation record. Around 240 athletes from a record of 55 nations competed for slots and gold medals and Olympic qualification.

 

This Olympic qualifying event is a milestone for one of the main government projects, called Surf City El Salvador and contributes to the consolidation of the country as a main surfing destination.

The Export and Investment Promotion Agency (PROESA),with the Transmission Company of El Salvador (ETESAL) and the National Energy Council (CNE), organized the forum "State of Play of solar energy development in El Salvador : perspectives and alternatives in the sector ”.

 

The event held on January 16th, aimed to inform project developers and national investors about the expansion plans of the transmission line to be executed by ETESAL, current solar energy and energy storage by the CNE. Also, PROESA presented the advantages of investing in photovoltaic solar energy projects, investment opportunities in renewable energy in El Salvador, and made available its services for foreign and national investors in the sector.

 

At the same time, the impulse to renewable energy are part of the “Economic Takeoff Plan” announced by President Bukele recently, which constitutes a strategy for the revival of the Salvadoran economy.

 

During the activity, topics such as the expansion of the transmission line and projects to be carried out in 2020 were developed by ETESAL, the state of photovoltaic solar energy in El Salvador and the experiences that have been implemented abroad to enhance the passage to generation of sources of Renewable energy, among other topics.

 

The forum was attended by the developers of photovoltaic solar energy projects Yingli Green Energy Holding Company Limited, and ASEA Brown Boveri (ABB).

 

Yingli Solar, based in Baoding, China, is a manufacturer of solar panels that has been the largest producer of photovoltaic modules in the world in 2012 and 2013. And ABB, a Swiss-Swedish multinational company based in Zurich , Switzerland, which operates mainly in the areas of robotics, energy, heavy electrical equipment and automation technology.

 

El Salvador International Airport, San Óscar Arnulfo Romero, is the second most punctual airport in the world.

 

The category in which the airport appears is ‘Small Airports', only surpassed by the Minsk terminal (Belarus), which tops the ranking with an OTP (on-time performance) of 92.6%. The category also includes the ones in Guayaquil and Quito in Ecuador; Curitiba from Brazil and Reno, Nevada in the United States.

 

This information is part of the Punctuality League 2020 Ranking, carried out by OAG, the global provider of aeronautical information.

 

OAG is the leading global provider of digital aeronautical information that provides accurate, timely and actionable data and applications to the entire air transport sector, such as airlines, airports, government agencies, aircraft manufacturers, consultancies and related companies worldwide.

 

In the ranking, OAG measures the punctuality of low-cost and traditional airlines, while airports group them in the category of mega large, very large, large, medium and small.

 

According to this ranking, El Salvador complies with 86.2% of OTP. Furthermore, the top 20 small airports have an average compliance in operations of 84.2%.

 

Punctual performance consists in the arrival and departure of a flight within 15 minutes according to the travel program.

 

The small airports, according to the OAG, are those that have a movement between 2.5 and 5 million exit seats. It is in line with the official data of the Autonomous Executive Port Commission (CEPA), which reveal that the flow of passengers throughout 2019 amounted to 3.73 million.

Jueves, 19 Diciembre 2019 14:40

United States the new market to be conquered by Indufoam

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Indufoam starts in 1982 with American and Central American capital. In 1984, Salvadoran investors bought the shares, making Indufoam a 100 percent Salvadoran company. Then in 1993, the family Toruño acquires the company.

Currently, Indufoam produces daily 1,200 beds (2,400 pieces) and 4,000 accessories (pillows, bedsheet sets, mattress protectors, duvets, among others)  50% of the production is sold in the local market, and the remainder is destined for exports. Indufoam also manufactures 400 living room furniture each month, a category through which it attends the local market, but for which it already has plans to export.

The company produces the brand of Indufoam beds as well as private lines such as “Sueña” (local), “Simmons” (from the United States), “Pikolín” (from Spain), and some exclusive brands to La Curacao, such as the Smart Support. In the Salvadoran market, the manufacturer occupies 60% of participation.

Since August of the last year, the Indufoam seal arrived in the United States to gain more ground in that market. The first export of the company was destined to a hotel chain of Florida, which is developing plans of expansion to several markets of the American continent.

The high-end beds now offered by the hotel chain were made with mosquito repellent, antibacterial, and fire-fighting fabrics, among other technological features. And while there has not been even a year after the first shipment to that location, Indufoam is already preparing the second dispatch. This time, it seeks to attend a hotel chain based in New York City.

In addition to the hotel segment, Indufoam explores the direct-to-consumer sales channel in several regions of that country. In this segment, they plan to sell mattresses and accessories.

 

As for new markets, last year they also ratify a business with a hotel chain of the Dominican Republic, a country where there are wide growth plans and that has established several hotel chains with high-end products.

 

Among its projects, in July they will begin the export of strings units of the line BeautyRest Black to licensees of Simmons in Panama, Ecuador, Colombia, Peru, and the Dominican Republic.

 

Currently, Indufoam exports to Mexico, Belize, Guatemala, Honduras, Nicaragua, Costa Rica, Panama, Colombia, and Peru. These are markets where the company is expecting to grow around 12%. However, this year's goal is focused on markets outside Central America.

 

 

Miércoles, 18 Diciembre 2019 14:12

United States the new market to be conquered by Indufoam

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Indufoam starts in 1982 with American and Central American capital. In 1984, Salvadoran investors bought the shares, making Indufoam a 100 percent Salvadoran company. Then in 1993, the family Toruño acquires the company.

 

Currently, Indufoam produces daily 1,200 beds (2,400 pieces) and 4,000 accessories (pillows, bedsheet sets, mattress protectors, duvets, among others)  50% of the production is sold in the local market, and the remainder is destined for exports. Indufoam also manufactures 400 living room furniture each month, a category through which it attends the local market, but for which it already has plans to export.

 

The company produces the brand of Indufoam beds as well as private lines such as “Sueña” (local), “Simmons” (from the United States), “Pikolín” (from Spain), and some exclusive brands to La Curacao, such as the Smart Support. In the Salvadoran market, the manufacturer occupies 60% of participation.

 

Since August of the last year, the Indufoam seal arrived in the United States to gain more ground in that market. The first export of the company was destined to a hotel chain of Florida, which is developing plans of expansion to several markets of the American continent.

 

The high-end beds now offered by the hotel chain were made with mosquito repellent, antibacterial, and fire-fighting fabrics, among other technological features. And while there has not been even a year after the first shipment to that location, Indufoam is already preparing the second dispatch. This time, it seeks to attend a hotel chain based in New York City.

 

In addition to the hotel segment, Indufoam explores the direct-to-consumer sales channel in several regions of that country. In this segment, they plan to sell mattresses and accessories.

 

As for new markets, last year they also ratify a business with a hotel chain of the Dominican Republic, a country where there are wide growth plans and that has established several hotel chains with high-end products.

 

Among its projects, in July they will begin the export of strings units of the line BeautyRest Black to licensees of Simmons in Panama, Ecuador, Colombia, Peru, and the Dominican Republic.

 

Currently, Indufoam exports to Mexico, Belize, Guatemala, Honduras, Nicaragua, Costa Rica, Panama, Colombia, and Peru. These are markets where the company is expecting to grow around 12%. However, this year's goal is focused on markets outside Central America.

 

Miércoles, 18 Diciembre 2019 14:07

AVX KYOCERA, a leading manufacturer of high technology.

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AVX has 33 years of establishment in El Salvador, is dedicated to the manufacture of advanced electronic components, giving the country the necessary experience in the manufacture of ceramic and tantalum electronic capacitors that comply with international standards.

 

The company began its operations with 900 employees and now has more than 3,500. In the country, it has concentrated a large part of its volume business in the production of electronic capacitors, producing 90 million ceramic capacitors and 70 million tantalum per week; transferring production lines from Mexico, England and Czech Republic.

 

Its production went from assembly to chemical processes, molding, testing and packaging. The implementation of the new lines of production has been done in 10 months a short time compared to the two years it has taken in other countries.

 

In 2018, its exports totaled US$ 171,393,411.2 million dollars, highlighting an annual growth of 5.6 % and participation of 2.9 % in total exports, ranking it among the top five exporting companies in El Salvador.

 

High levels of production and advanced labor become key factors of the reason why AVX is located in El Salvador. At present, they have a production efficiency of over 97 %.

 

The Brazilian company Pettenati Centro América, started operations in El Salvador in 2008 with the establishment of a textile plant located on the road to Santa Ana. The initial investment was USD 20 million and generated 168 sources of employment in the country.

 

With this project Pettenati Centro América consolidates its position in the international market with a new business model and with the mission of offering the best textile technology in the world, in a green factory, totally friendly to the environment.

 

A decade later, Pettenati Central America in El Salvador has increased its workforce to 716 workers, including 149 women and 567 men.

 

Since its creation, the Brazilian company has invested more than USD 80 million in El Salvador in order to cover more markets. For the next few years they have expansion plans through the expansion of productive capacity and construction of a new industrial building, with an investment amount of around USD 9 million and the expectation of generating 50 additional direct jobs, said the Operations Director, Francesco Pilenga.

 

Pilenga affirmed that the Brazilian company decided to establish itself in El Salvador due to the competitive advantages that the country offers such as the proximity to the North American market, as well as taking advantage of the commercial treaties, specifically, the Free Trade Agreement between the United States of America, Central America and Dominican Republic (CAFTA-DR FTA).

 

The textile produces and markets more than 200 different types of knitting and markets to countries like United States, Canada, Paraguay, Peru, Guatemala, Honduras, Nicaragua, Colombia, Argentina, Chile, Uruguay, Mexico, Japan, Korea, South Africa, Australia, Germany, Israel, Holland, Spain, Italy, France and England.

 

Pettenati worldwide have more than 2,150 employees and regional offices and representatives in different cities of Brazil. It exports to several continents like America, Europe, Asia, Africa and Oceania.

 

At the regional level, Pettenati Central America is the engine of the CLUSTER OF THE TEXTILE INDUSTRY, which brings together large garment companies and national and international suppliers, as well as the growth of many companies that provide their services and sell their products to the entire textile sector.

 

Pettenati Centro América seeks to position itself in El Salvador as a socially responsible company in accordance with our corporate mission. Developing sustainable schemes in which balance the generation of economic value with social and environmental value for all stakeholders of the company: customers, workers, suppliers and the community, said the Director of Operations.

 

This approach is carried out in a set of practices and programs according to the business strategy: Community (In terms of education, safety and health), environment and internal client.

 

Actions that frame the strategy:

 

Care and preservation of the environment:

 

  • Recycling of residual water
  • Development of efficient technologies to reduce environmental impacts: atmospheric emissions, compressed air, lighting
  • Renewable photovoltaic energy
  • Responsible waste management
  • Reforestation

 

Social projects:

 

  • Improvement of the educational quality in the area of belonging
  • Involvement in social security of surrounding communities
  • Comprehensive health program in communities
  • Cross-sector support

 

Internal customers:

 

  • Code of ethics and business conduct
  • Inter-business alliances
  • Comprehensive health programs (Medical, dental and psychological)
  • Food and transportation

 

 

Miércoles, 18 Diciembre 2019 12:36

Teleperformance celebrates 15 years of operations in El Salvador

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Teleperformance celebrates 15 years of operations in El Salvador, being one of the most important contact centers in the region, started operations with a building located on Avenida Olímpica, with a team of 75 employees for one single client in the United States. Today there is a team of more than 5,500 employees, more than 15 clients, and 6 buildings at different locations in San Salvador, Antiguo Cuscatlán and Santa Tecla.

 

The trajectory and success of Teleperformance in El Salvador is mainly due to its strategy focused on three issues: First of all values ​​and positioning, being the pioneers in this and other industries positioning the company through the happiness of its employees, promoting and ensuring the welfare of them; Second is the close and open communication with employees, with personalized and anonymous communication channels for employees to constantly say what they like, what they don't like and what they want from the company; and the third is their constant investment in training and development.

 

Among its expansion projects is in the construction of their seventh building, which will generate 2,500 new jobs, through growth of current customers and new business opportunities.

 

In matters of Corporate Social Responsibility, Teleperformance is a company that commits to the communities in all the areas where it operates, for that reason they have two social responsibility programs called Citizen of the World and Citizen of the Planet, and through them they are making important economic contributions and volunteers for society in different sectors of the country. These programs include initiatives to help both the communities and the environment, which is a way of giving back to the country where it operates.

 

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