Biess will invest $ 750 million in government securities

Within its budget for this year, the Bank of the Ecuadorian Institute of Social Security (Biess), envisages the investment of $ 750 million in bonds to the public sector, issued by the Ministry of Finance, a figure that would exceed by $ 250 million the investment in 2014. Fausto...

Mobile operators plan to invest $ 193,000 million in Latin America

Mobile operators, among which is the Spanish Telefónica, plan to invest between 2014 and 2020 around USD 193,000 million in Latin America, where lines of high capacity 4G-LTE will cover 75% of the region this year. The capital investment will almost double the one made in the...

Ecuador agrees mutual abolition of tourist visas with China

The President of Ecuador, Rafael Correa, signed with the President of China, Xi Jinping, an agreement establishing the mutual omission of tourism visas. Furthermore, eight agreements on investment, education, technology and cooperation were signed between the two countries. In...

China will invest 5.296 million dollars in Ecuador

China commits today to invest 5.296 million dollars in Ecuador for various mobility, education, health and safety projects, said today in Beijing Ecuadorian Minister of Finance, Fausto Herrera. Herrera also said that to these 5.296 million dollars that Eximbank will grant to...

Government expects that $ 415 million invested in Yasuní become profits

Macroeconomic projections of the government contemplate strong revenues from oil exploitation in the Yasuní nature reserve, in the coming years. According to the economic report that the state company Petroamazonas submitted to the National Assembly last week, the works in block...

Ecuador received $ 966 million in investments

According to the Superintendent of Companies and Securities (SC), Ecuador caught investments of $ 966 million from January to August of 2014, which means $ 151.2 million more than the same period of 2013. A total of 5,423 local companies injected resources in the analyzed period....

EU seeks to reach an agreement on free trade or investment with EEUU

The European Union (EU) yesterday presented its position in the areas of chemicals, textile, cosmetics, pharmaceuticals and motor vehicles; before the current negotiations with the United States to reach a Transatlantic Trade and Investment Partnership (TTIP)  The proposals come...

Investment in the electricity sector is growing, while the number of companies falls

Following the change of the energy matrix proposed by the Government, the Ecuadorian business sector invested more capital while the number of companies that perform some kind of activity, falls. From January to March, the investment was $540 million, 85% more than the same...