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Protests cause losses of 2,500 barrels of oil in Ecuador

Petroecuador reported on June 15, 2022 that its own production , together with that of the consortiums, registered an accumulated loss of approximately 2,500 barrels of oil, from last Monday to this Wednesday. This as a result of stoppages, sabotage and vandalism in the oil...
Posted On 16 Jun 2022
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Quito is positioned in the international ranking as a destination for congresses

Quito remains one of the leading venues in the region for holding events, conferences and meetings. For the first time since the covid-19 pandemic, the International Congress and Convention Association (ICCA) published the ‘Destination Performance Index’.  This...
Posted On 15 Jun 2022
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Almost USD 30 million has been lost by Ecuador due to the demonstrations

The Deputy Minister of Economy, Bernardo Orellana, in an interview for Ecuador TV, released the figures of losses in the country during these days of demonstrations. The official indicated that, so far, there are already close to USD 30 million economic losses due to stoppages....
Posted On 15 Jun 2022
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La Fabril and the Ministry of Agriculture and Livestock plan to produce a ‘popular oil’

A new vegetable oil would reach the market with the denomination popular oil through a public-private alliance. This was revealed by the Minister of Agriculture and Livestock (MAG), Bernardo Manzano , who assured that he held talks with Santiago Terán, president of La Fabril, to...
Posted On 14 Jun 2022
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USD 3.2 million costs the productive sector a day of strike in the Sierra

The Ecuadorian Business Committee (CEE) asks that the protests take place in peace and asks the authorities to sanction those who carry out acts of vandalism. A day of demonstration in the Sierra region of Ecuador costs the productive sector about USD 3.2 million , says Felipe...
Posted On 14 Jun 2022
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The government affirms that “it is not going to let itself be knocked down” by the mobilizations

According to the Executive, the demonstrations led by Conaie reached 44 events during the first 12 hours and total some 3,800 people. Despite the calls for dialogue and the supposed openness of all the actors, the social sectors and the government of President Guillermo Lasso...
Posted On 13 Jun 2022
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The percentage of Ecuadorians who buy in retail chains grows

The penetration of mass consumption chains increased due to an aggressive expansion strategy, because there is still an unattended market. The mass consumption business had a good year in 2021, with a growth in the value of the shopping basket of Ecuadorians of 10% compared to...
Posted On 13 Jun 2022
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Ecuador will be a member of the UN Security Council

With 190 votes, the UN General Assembly elected Ecuador as one of the five non-permanent members of its Security Council. Japan, Malta, Mozambique and Switzerland are the other members. Ecuador was elected on June 9, 2022 as one of the five members of the United Nations Security...
Posted On 10 Jun 2022
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Agriculture began auditing 25 banana exporters

Minister Bernardo Manzano pointed out that the audit will be carried out on the 245 companies that export bananas, as well as the 15 export associations. With the notification to 25 banana exporters, the Ministry of Agriculture and Livestock (MAG) began the audit process...
Posted On 09 Jun 2022
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Lasso will propose to the US an Ecuador Plan to confront drug trafficking

The president of Ecuador, Guillermo Lasso , announced this Wednesday, June 8, 2022, from Los Angeles that he will propose to the United States (USA) the intention of consolidating an Ecuador Plan to fight against drug trafficking. Lasso made an intervention in the IV Business...
Posted On 08 Jun 2022
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