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First export of hats to India

Ecuadornews: An Ecuadorian company sent the first shipment of traditional straw hat to the Indian city of Mumbai (Bombay). The operation was completed in September with the support of the commercial office of ProEcuador in that location. The design and manufacture of the...
Posted On 09 Oct 2018
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Ecuador, regional leader in entrepreneurship, for the sixth consecutive year

Ecuadornews: Ecuador is positioned for the sixth consecutive year as a leader in the region in the index of Early Entrepreneurial Activity (TEA, by its acronym in English), according to the measurement made by the Business School of the Espol for the Global Entrepreneurship...
Posted On 09 Oct 2018
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Minister: ’70 and 80 is a reasonable price ‘

Ecuadornews: Ecuador, the smallest member of the Organization of Petroleum Exporting Countries (OPEC), believes that an amount per barrel of crude between USD 70 and 80 is a reasonable price. Last week the price of WTI, which serves as a reference for the sale of Ecuadorian...
Posted On 09 Oct 2018
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Another inheritance of correísmo

Ecuadornews: It was the Assembly presided by Fernando Cordero which, with the electoral reform of February 2012, enshrined the injustice in the system of political representation in Ecuador. The use of the D’Hondt method (a method of distributing parliamentary seats that...
Posted On 09 Oct 2018
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The sale of Chinese cars in the country rises 103%

Ecuadornews: Chinese investment in the automotive industry worldwide has been growing rapidly in recent years, considering that in 2000 China occupied only 1% of global sales of new vehicles, while in 2017 it amounted to 30%. %, selling around 28.9 million new cars, which has...
Posted On 09 Oct 2018
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More than 83% of the mobile market in Ecuador, in private hands

Ecuadornews: The cellular telephony in Ecuador started in the 90’s. Conecel started its operations in 1993 and in the year 2000 it became part of the Mexican América Móvil. In 2011, it adopted the Claro brand instead of Porta. In 2004, the Spanish group Telefonica bought...
Posted On 09 Oct 2018
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$ 1,622 million will be invested by the oil companies in the country

Ecuadornews: President Lenin Moreno highlighted investor confidence in the country. The investment is more than $ 1,600 million for the development of fields in Orellana, Napo and Sucumbíos. Six contracts, with a private investment of $ 1,622 million, signed Petroamazonas for the...
Posted On 09 Oct 2018
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The Balda case opens another front within the National Assembly

Ecuadornews: The legislator Sofía Espín assures that there is fear that it is known what the police said Diana F.; Esteban Bernal says that his colleague’s visit is incompatible with his position. The denunciation of the azuayo legislator Esteban Bernal prosecuted the first...
Posted On 09 Oct 2018
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Seven entities will control the planting of medicinal cannabis in Ecuador, according to report

Ecuadornews: The issue will have to be defined by the Plenary of the National Assembly. The Health Commission, in charge of preparing the report for the second debate of the Health Code, has already approved the text of Book II of that regulation, which talks about the medicinal...
Posted On 09 Oct 2018
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High level concealment

Ecuadornews: General Jorge Gabela was killed because he opposed the purchase of Dhruv helicopters. To that conclusion had already arrived the Argentine expert Roberto Meza. After ninety days of deliberations and after hearing more than thirty appearances, the parliamentary...
Posted On 09 Oct 2018
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