off

Rice, palm and sugar cane growers join the dialogue with Minister Bernardo Manzano

With almost fifteen days in office, the new Minister of Agriculture and Livestock (MAG), Bernardo Manzano , continues to engage in dialogue with the different agricultural sectors. The Secretary of State indicated this Monday that his agenda included meetings with palm, sugarcane...
Posted On 16 May 2022
, By
off

International banks project that Ecuador will grow between 4 and 4.5% in 2022

Optimism on Wall Street. After the approval at the technical level of the fourth and fifth reviews of the program with the International Monetary Fund (IMF) , which will give the Government financing for $1,000 million in June, if the Board of Directors of the organization...
Posted On 13 May 2022
, By
off

Ecuador surpasses Colombia and Peru in GDP growth, generated by the agreement with the European Union, according to the Bloc’s counselor

Ecuador is one of the countries that have benefited the most from the trade agreements that the States of the region maintain with the European Union (EU), since the treaty that has already served five years has represented a growth of 0.16% of the gross domestic product (GDP) in...
Posted On 13 May 2022
, By
off

6% of Ecuadorians over 15 years of age do not know how to read or write

The highest prevalence of illiteracy is among the indigenous population, especially in the provinces of Chimborazo, Cañar and Cotopaxi. Mercedes Ll. sells fruits and vegetables in one of the markets in the north of Quito. At 57 years old, and with some embarrassment, she admits...
Posted On 12 May 2022
, By
off

The gross profit reached $77.8 million, in the first quarter of 2022, of Banco del Pacífico, which “will be sold in a few weeks”

Banco del Pacífico announced that its restructuring and recovery process continues at a good pace, noting that in the first four months of the year the entity’s gross profit, whose largest shareholder is the National Finance Corporation (CFN) , reached $77, 8 million. This,...
Posted On 12 May 2022
, By
off

Updating the limits of the Brotherhood Marine Reserve was published in the Official Registry

In Official Registry 59 of May 10, 2022, Agreement No. MAATE-2022-041 was published, issued by the Ministry of Environment, Water and Ecological Transition, to specify and update the limits of the Hermandad Marine Reserve, in Galapagos , created by presidential decree on January...
Posted On 11 May 2022
, By
off

Ecuador approves goals and IMF will transfer USD 1,700 million this year

In an interview with PRIMICIAS, Finance Minister Simón Cueva explains that the country will be subject to fewer reviews by the IMF in 2022, which is a sign of confidence. The International Monetary Fund (IMF) approved the fourth and fifth revisions of the credit program that it...
Posted On 11 May 2022
, By
off

52 Ecuadorian entrepreneurs land in Israel, cradle of innovation

Israel has a successful startup for every 400 inhabitants, its authorities assure, and 52 Ecuadorians traveled to this destination in search of technological knowledge. After Silicon Valley in the United States, Israel is known as a global hub for entrepreneurship and innovation....
Posted On 10 May 2022
, By
off

Ecuadorian textile companies take advantage of the global logistics crisis

Threads, soccer jerseys, wool hats, ponchos, nylon garments and even car covers produced in Ecuador gained market share in countries like Colombia, Peru and Bolivia. Sales of the textile sector reached USD 1,143 million in 2021 , according to the Association of Textile...
Posted On 10 May 2022
, By
off

Singue case: Appeal is defined with an eye on Jorge Glas

On May 11, 2022, a Tribunal of the National Court (CNJ) plans to review the first instance sentence for embezzlement. This is the third contrary ruling for former Vice President Jorge Glas. After 16 months of knowing the sentence and after three failed attempts, the appeal...
Posted On 09 May 2022
, By