El Salvador: Not Just Laws, But Concrete Actions

CentralAmericaData EXPRESS Friday, October 26, 2012 Daily Update      Market Place      Economic & Financial Reporter      Press Releases      Events      Training      Companies Trouble viewing this email? See it online Add a friend, click here. Seleccione: English l  Español Central America daily news SV El Salvador: Not Just Laws, But Concrete Actions Beyond the new laws to promote domestic and foreign investment, the government must demonstrate the existence of legal security in El Salvador. CR Increased Penalties for Faulty Tax Returns In Costa Rica, the new tax law increases the penalties for mistakes and omissions in income tax statements. GT Increased interest in Tender for 600MW in Guatemala Fifty-eight generators have acquired the documents for the tender for up to 600MW for a period of 15 years from May 2015. PA Tariffs Reduced on 42 Food Products Panama's government has reduced import taxes on 42 food products in order to lower the price to consumers. NI New B2Gold Mine in Nicaragua The company B2Gold has confirmed the commencement of operations of a new mine in the municipality of Santo Domingo, in the first quarter of 2013. SV El Salvador: $92 million for Infrastructure The Central American Bank for Economic Integration (BCIE), has approved $92 million in funding for the Autonomous Executive Port Commission (CEPA) for the modernization of ports and airports.   Daily data Daily currency Oct 26 Year change   Colón 503.37 -2.68%   Quetzal 7.8625 0.81%   Lempira 19.7 3.96%   Córdoba 23.913 5.06% more details... Commodities Oct 26 Day change   Brent 108.16 0.63%   Gold 1,716.00 0.19%   Rough Rice 1,346.50 1.39%   Coffee "C" 163.75 1.71%   Cocoa 1,545.00 -0.58%   Soybean 1,562.00 -0.06%   Corn 746.00 0.27%   Wheat 891.00 0.22%   Ethanol 2.37 -0.96%   Silver 32.22 0.55%   Copper 3.56 0.18%   Lumber 316.00 -1.68% more prices... Markets Oct 26 Day change   Dow Jones 13,090.55 -0.10%   Nasdaq 2,990.52 0.15%   S&P 500 1,412.24 -0.05%   Mexico IPC 41,929.58 0.12%   FTSE 100 5,812.78 0.13% more indexes...   More News - Partial Scope Agreement Between Ecuador and El Salvador - Nicaraguan Exporters Reluctant Over Sucre - Scarce Credit for Honduran Agriculture - FDI in Costa Rica Concentrated in the Capital - Treasury Announces Tax Agreements with Municipalities - Tender for Cleaning Services for Salvadoran Airport - Panama Economic Report - Costa Rica: Basic Rate Drops 50 Points - More U.S. Tourists Come to Nicaragua - Online Sales Generate Loyal Customers - Tender for Port Software for $9.8 million - Government Seeks $40 million for Port of Moin - Guatemala Approves Budget of $8.52 billion - Changes to Law on Land Sales Colon Free Zone - El Salvador: Energy Investment Incentives - Land Auction in Panama - Complaints Over Lottery Tender - Mining Land Dispute Goes to Arbitration - Prices of Construction Materials in Panama Government purchases   Current by category : Infraestructure & Construction: 513 Health & Medicine: 351 IT & Telecomm: 165 Electrical equipment and supplies: 85 Profesional Services: 77 Agriculture & Food: 70 Auto Industry: 64 Furniture & Wood: 50 Tools & Machinery: 42 Cleaning & Maintenance: 41 Other: 327

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