San Salvador Times

The Pulse of El Salvador’s Transformation
Saturday, Oct 03, 2026
San Salvador Times

El Salvador Transfers Majority Control of Chivo Bitcoin Wallet to Private Operator

El Salvador transferred majority ownership and operational control of the state-backed Chivo digital wallet to a private operator under agreements linked to a $1.4 billion financing program, reducing direct government involvement in cryptocurrency infrastructure.
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Costa Rica Dismisses Senior Minister Over Unauthorized US Meetings

Costa Rica’s president has dismissed a senior cabinet minister after unauthorized meetings with political figures in the United States, exposing internal friction within the gov...

El Salvador Water Utility Moves to Nationwide Electronic Billing

El Salvador’s national water and sewerage administration is replacing paper invoices with electronic billing nationwide in an effort to modernize operations, improve revenue col...

El Salvador Enters Top 10 Latin American Startup Ecosystems

International startup analysts have ranked El Salvador among Latin America’s 10 leading startup environments for the first time, citing growth in digital finance, supportive reg...

El Salvador’s Chivo Wallet Prepares Major Platform Upgrade

Administrators of El Salvador’s state-backed Chivo wallet are preparing a second-generation platform with broader payment functions beyond Bitcoin as they seek to reach more unb...

New Coinbase-Integrated Stablecoin App Launches in El Salvador

Digital finance operators in El Salvador have launched Sivar, a mobile stablecoin application connected to Coinbase infrastructure and designed to lower remittance costs and exp...

Surf City 2 Development Drives Investment Along El Salvador’s Eastern Coast

El Salvador says infrastructure work and private investment are accelerating along the Surf City 2 corridor, where highway expansion is opening previously isolated Pacific beach...

El Salvador and Kuwait Advance Tourism and Infrastructure Investment Talks

Delegations from El Salvador and Kuwait have held high-level talks on tourism cooperation and frameworks aimed at attracting Middle Eastern sovereign investment into aviation an...

Southwest Airlines Adds Routes to Central America

Southwest Airlines is adding several direct international routes between major North American markets and Central American destinations, expanding regional air connectivity and ...

Digicel Plans Sale of El Salvador Telecommunications Business

Digicel plans to sell its operations in El Salvador as the mobile operator consolidates around its core Caribbean markets amid intense competition in Central America’s cellular ...

El Salvador Rules Out New Taxes and Rate Increases for 2027

The government of President Nayib Bukele says it will introduce no new taxes or increases to existing rates in 2027, prioritizing consumer spending and foreign investment over a...

El Salvador Begins Planning Pension Reform for 2027

Salvadoran economic advisers and lawmakers are preparing a broad pension overhaul expected in 2027, including possible changes to retirement ages as the government addresses lon...

El Salvador Sovereign Bonds Rise to Highest Levels Since 2010

El Salvador’s dollar-denominated government bonds have reached their strongest trading levels since 2010 as tighter secondary-market spreads and renewed engagement with internat...
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