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Banana growers protest falling sales and prices

Some 500 banana producers in Ecuador gave away boxes of fruit during a protest caravan this Monday in Guayaquil, as a result of the millionaire losses that accumulate due to the effects of the war in Ukraine and the consequent fall in the internal price , with millionaire losses...
Posted On 29 Mar 2022
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Prosecutor’s Office initiates an investigation against Joaquín Villamar Cabello

The Guayas Provincial Prosecutor’s Office began an investigation on March 28 against Joaquín Cupertino Villamar Cabello, ex-husband of the mayor of Guayaquil, regarding the investigation of Diario EXPRESO published on Sunday March 27 and Monday 28. The entity confirmed that...
Posted On 28 Mar 2022
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Producers insist the Government buy surplus bananas with funds from fines for illegal planting

The banana producers staged the third mobilization on the roads in less than 20 days when they marched in Guayaquil on Monday morning, in the vicinity of the National Unity Bridge. With signs and shouts they demanded attention from the Government and the authorities of the...
Posted On 28 Mar 2022
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With donations, it aims to evacuate surplus bananas

The oversupply of bananas that has been created in the market, due to the difficulty of being able to sell more than 1 million boxes a week to Russia and Ukraine , yesterday managed to get producers and exporters to sit down and talk at the same table. Leaving aside the...
Posted On 25 Mar 2022
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Swedish brand will use Ecuadorian tagua buttons in its next clothing collection

Ecuadorian tagua buttons will be part of the next clothing collection of the Swedish brand Dedicated, which promotes sustainable products. The company Trafino, from Manabí —dedicated to the manufacture and sale of tagua disks, buttons and other elaborated or semi-elaborated...
Posted On 25 Mar 2022
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Ecuador issues its first gender bond

Banco Pichincha CA has just announced the placement of the first social gender bond in the Ecuadorian stock market, with IDB Invest and the International Finance Corporation (IFC) as investors. The amount of the issue was $100 million, for a term of 5 years. The resources are...
Posted On 24 Mar 2022
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Isabel Noboa, the businesswoman with the best reputation in the country in the last eight years

With an ideal score of 10,000 points, Isabel Noboa, executive president of the Nobis Consortium , was consolidated for the eighth consecutive year, since 2013, in first place in the ranking “Companies and leaders with the best reputation in Ecuador in 2021” ,...
Posted On 24 Mar 2022
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Ecuador is the fifth country that sends the most tourists to Florida, in 2021 there were 237,000 visitors

Dana Young is the president and CEO of Visit Florida, a public-private corporation that promotes tourism to that peninsular state in the southern United States. Young visits Guayaquil and Quito these days to talk about what Ecuador represents for them, a market in which they want...
Posted On 23 Mar 2022
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Opening of Mercado Libre offices in Ecuador will be in stages

The multinational Mercado Libre confirmed the opening of its offices in Ecuador. Through a statement, the company of Argentine origin indicated that at the beginning of March of this year, the General Director of Mercado Libre for the region that includes Chile, Peru and Ecuador,...
Posted On 23 Mar 2022
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Expensive wheat puts noodles and crackers in a bind

A raw material difficult to replace. Wheat flour accounts for up to 80% of the ingredients for making noodles and noodles, and its manufacturers are trying to deal with rising costs of up to 50% so far this year. On March 8, 2022, the price of wheat climbed to its highest peak...
Posted On 22 Mar 2022
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