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The management of “electronic money” in the country

Ecuadornews: PayPhone, a private company that created a tool to make mobile payments and other transactions with the cell phone number was established in Cuenca two years ago; To date 5,000 stores have been affiliated nationwide. The executive president of this company Carlos...
Posted On 04 Jul 2017
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Former President Rafael Correa will change his residence to Belgium on July 10

Ecuadornews:     Former President Rafael Correa already has a date for his departure to Belgium: July 10. Before, during and after the last election campaign, he expressed his intention of retiring to the country of origin of his wife Anne Malherbe to live with his...
Posted On 04 Jul 2017
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The whale watching season started in El Oro

Ecuadornews:     Monday the whale watching season officially began in the province of El Oro. Two tour operators have been qualified to take passengers from Puerto Bolívar to Santa Clara Island, a transit point for the cetaceans. “The tours are scheduled every...
Posted On 04 Jul 2017
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Organizations request that the trial against Carlos Ochoa is not filed

Ecuadornews:     The Public Prosecutor issued a ruling on the complaint against Carlos Ochoa, head of the Superintendence of Information and Communication (Supercom). He had been singled out for alleged forgery and misuse of public documents. According to the...
Posted On 04 Jul 2017
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The OCP begins a new phase with the transportation of segregated crude oil from Colombia

Ecuadornews:     The company Oleoducto de Crudos Pesados (OCP) started a new stage in its commercial relationship with Colombia through the ‘Segregation Project,’ which consists of transporting separately light and heavy crude.   It all began on June 11, OCP...
Posted On 04 Jul 2017
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Household consumption grew by 3.6% in the first quarter of 2017

Ecuadornews:     The latest report of the Quarterly National Accounts of Ecuador submitted by the Central Bank of Ecuador indicates that the Final Household Consumption Expenditure was the variable that had the greatest impact on the growth of the economy. The Gross...
Posted On 04 Jul 2017
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A 21-month stagnation for the construction sector

Ecuadornews:     The crisis in the construction sector, which has lasted for seven consecutive quarters so far, has impacted several related activities as well. On Friday, June 30, 2017, the Central Bank of Ecuador (ECB) presented the figures of the first quarter of...
Posted On 04 Jul 2017
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Domestic debt rose to $ 3,537.1 million in May, after the correction of figures

Ecuadornews:     Ecuador’s domestic debt increased from $ 3,094.4 million in April to $ 6,631.5 million in May 2017. This is a difference of $ 3,537.1 million in a single month. However, during this period there was a significant amortization (payment of capital),...
Posted On 04 Jul 2017
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The Academia Aeronáutica Mayor Pedro Traversari offered apologies to the victims of abuse

Ecuadornews:     The mothers of 41 children who had been sexually assaulted by a teacher at the Academia Aeronáutica Mayor Pedro Traversari (Aampetra) yesterday shed tears once more during the public offering of apologies by the authorities of that school. They cried...
Posted On 04 Jul 2017
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Former presidents want to ‘save’ Yachay

Ecuadornews:     Two former deans from Yachay University dismissed days ago by President Carlos Castillo, ask to talk to the Secretary of Higher Education, Science, and Technology (Senescyt) Augusto Barrera. On June 20, as part of a process of “optimization and...
Posted On 04 Jul 2017
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