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Ecuadornews: Between 60 and 90 days will take the review of five “emblematic” projects of the past Government. From there several legal and administrative actions can be taken. Audits of the Monteverde, Pascuales Cuenca and Palo Alto oil projects, and the Esmeraldas...

Ecuadornews: With the opening of offices in Madrid, Barcelona, Valencia and Zaragoza, in Spain, the new bank of the Pichincha Group, Pibank, intends to consolidate its new business model: 100% digital, but with personalized attention. The first branch opened in Bilbao, last June....

Ecuadornews: Twenty-six years ago he created the Maruri Agency and since 1993 he is part of the Red Grey, one of the most important communication groups in the world, which made him director of the business in Latin America two years ago. Eduardo Maruri now faces a new challenge:...

Ecuadornews: The revision of the subsidies that the Government has made in recent months has impacted four of the 12 sectors that use subsidized derivatives in the country. The increase in the price of super gasoline is aimed at the automotive sector; and that of diesel 2 and...

Ecuadornews: The Ecuadorian government plans to meet the target of savings expected until the end of 2018, after the withdrawal of a subsidy for gasoline with a higher octane rating (super) and to reach around $ 100 million in this concept, informed the head of Economy and...

Ecuadornews: The 19th American Regional Meeting of the International Labor Organization (ILO) began in Panama City on Tuesday, October 2, with the presence of delegations from 35 countries. Prior to the official opening of the meeting, the Director General of the ILO, Guy Ryder,...

Ecuadornews: The constant rise in oil prices that feed the fiscal accounts of the country also has its negative effect. Not only does importing fuels become more expensive, the cost of producing other derivatives such as lubricants and additives for cars has also become more...

Ecuadornews: This year marks a milestone for the stock market. Last September, the Superintendence of Companies authorized the first operation within the Special Securities Segment, that space that since 2016 is available for small and medium-sized enterprises (SMEs) to find...

Ecuadornews: Carlos Alberto Játiva, the new Permanent Representative of Ecuador to the Organization of American States (OAS), presented on Monday, October 1, letters accrediting him to the hemispheric body before Luis Almagro, Secretary General. Ambassador Játiva recalled his...

Ecuadornews: Ten of the 18 economic activities described in the National Accounts of the Central Bank of Ecuador recorded inter-annual decreases in the second quarter of this year, comparing them with the same period of the previous one. Agriculture, oil and mining continue to...