ecuador-times-ecuador-news-noboa-has-79-acceptance-according-to-cedatos
off

Noboa has 79% acceptance according to CEDATOS

The military managed to exceed 93% approval, followed by the president with 79% and the prosecutor Diana Salazar received 57.7% support, in the survey carried out until Thursday, February 22. When reviewing Noboa’s credibility, Ángel Polibio Córdoba, president of  Cedatos,...
Posted On 27 Feb 2024
, By
ecuador-times-ecuador-news-government-and-companies-seek-financing-in-a-stagnant-stock-market
off

Government and companies seek financing in a stagnant stock market

The stagnation of the amount traded in the Ecuadorian stock market responds to a greater perception of risk in the country, which has led to investment restrictions. After a couple of years of good results, the stock market’s forecast for its performance for the last year...
Posted On 27 Feb 2024
, By
ecuador-times-ecuador-news-amistad-field-petroecuador-will-invest-usd-100-million-at-its-own-risk-in-four-wells
off

Amistad Field: Petroecuador will invest USD 100 million at its own risk in four wells

In the end, it will be the state-owned Petroecuador that will invest in the Amistad Field, after the failed tender that was canceled in December 2023. Four wells are planned to be drilled. The state oil company Petroecuador will invest, at its own risk, some USD 100 million in...
Posted On 27 Feb 2024
, By
ecuador-times-ecuador-news-noboa-says-he-didnt-know-russian-weapons-delivered-to-the-u-s-would-be-destined-for-ukraine
off

Noboa says he didn’t know Russian weapons delivered to the U.S. would be destined for Ukraine

President Daniel Noboa has told CNN that he did not know that Russian weapons that would be delivered to the United States, in exchange for $200 million in new weaponry to fight crime, would be delivered by the United States to Ukraine, to be used against Russian invaders. Noboa...
Posted On 23 Feb 2024
, By
ecuador-times-ecuador-news-government-presents-the-solar-map-in-santa-elena-as-an-energy-alternative
off

Government presents the Solar Map in Santa Elena as an energy alternative

The President of the Republic, Daniel Noboa, was in Santa Elena, where the Ministry of Energy presented the Solar Map, a photovoltaic renewable energy project. This February 23, the National Government presented the Solar Map, a study on Ecuador’s solar photovoltaic...
Posted On 23 Feb 2024
, By
ecuador-times-ecuador-news-the-suspect-in-the-murder-of-an-ecuadorian-woman-in-new-york-is-arrested-and-is-accused-of-other-attacks
off

The suspect in the murder of an Ecuadorian woman in New York is arrested and is accused of other attacks

The Ecuadorian migrant, Denisse Oleas, 38, was found dead in a hotel in New York in early February 2024. United States authorities arrested the suspect in the murder of Ecuadorian Denisse Oleas, a crime that occurred in a hotel in the famous Manhattan neighborhood, in New York,...
Posted On 23 Feb 2024
, By
ecuador-times-ecuador-news-the-state-expects-to-receive-usd-560-million-for-the-renegotiation-with-claro-and-telefonica
off

The State expects to receive USD 560 million for the renegotiation with Claro and Telefónica

Just for the concession of the radio spectrum, the State expects to receive USD 410 million, according to the Proforma 2024 Justification. The State expects to receive USD 560 million in income in 2024 from the renegotiation of contracts with the mobile telephone companies, Claro...
Posted On 23 Feb 2024
, By
off

Government announces VAT increase from 12% to 15%

Juan Carlos Vega, Minister of Economy, in an interview with Teleamazonas, said that the VAT will be raised to 15%, the maximum that the law allows Daniel Noboa. Vega confirmed that Noboa will use the prerogative conferred in the tax reform that he carried out, where it was...
Posted On 22 Feb 2024
, By
ecuador-times-ecuador-news-the-best-destination-for-ecuadors-exports-is-the-european-union
off

The best destination for Ecuador’s exports is the European Union

In 2023, Ecuador’s non-oil and non-mining exports grew 3%. However, it was the lowest increase in the last seven years. Ecuador achieved a growth of 5% in the value of its non-oil exports and 3% in its non-oil and non-mining exports in 2023. The country’s non-oil...
Posted On 22 Feb 2024
, By
ecuador-times-ecuador-news-health-agencies-from-ecuador-and-russia-will-sign-a-memorandum-of-understanding
off

Health agencies from Ecuador and Russia will sign a memorandum of understanding

After the lifting of sanctions on five banana exporters, both countries agreed to maintain a direct channel between health services. Following the lifting of sanctions on five banana companies by the Russian Government, authorities from the health services agencies of Ecuador and...
Posted On 20 Feb 2024
, By