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Lenín Moreno freed vice president María Alejandra Vicuña from office

Ecuadornews: The objective is that she can defend herself freely from the allegations about alleged undue payments to her ex-collaborators when she was a legislator. The Second President requested a license until December 31st. Three days after serving 11 months in office, the...
Posted On 04 Dec 2018
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Lenín Moreno appoints new ministers in second readjustment of Government in 2018

Ecuadornews: Banking sees a near reduction in credit, also a product of the drop in deposits experienced by the Ecuadorian economy. According to the matrix of the banking cycle, at the moment the bank is in quadrant 1, which is the”bonanza”, but is approaching in a...
Posted On 04 Dec 2018
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It would lower the growth of credits and deposits; Ecuador’s banking analyzes scenarios

Ecuadornews: Around 4.1 million people in the country, who represent around 35% of the market, do not have a mobile network or are not connected to broadband services. The operators see that this niche still has a wide field of development, as well as investment opportunities,...
Posted On 04 Dec 2018
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AGD passed to the Central Bank debts to collect for $ 2,562 million

Ecuadornews: The Central Bank of Ecuador received from the closed bank that was handled by the Deposit Guarantee Agency (AGD acronyms in Spanish) a portfolio (debts tocollect) not linked of $ 2,562.2 million. Of this amount, the most important was in Filanbanco for $ 1,310...
Posted On 03 Dec 2018
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Toys are paid in 12 months and since February

Ecuadornews: Yesterday it was not just a rest day. For many it was an opportunity to visit the toy stores of the city and take advantage of the promotions that are inaugurated in each December with the death of ‘Black Friday’ and the start of Christmas. A tour that...
Posted On 03 Dec 2018
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Ecuadorian companies built equipment for Petroamazonas

Ecuadornews: The state Petroamazonas EP will receive in this month of December four new three-phase fluid separators (oil, water and gas) built by Ecuadorian consortiums. These high-tech equipment will beoperational as of the first quarter of 2019 at the Tiputini-CPT...
Posted On 03 Dec 2018
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China again weighs on the list of financiers for Ecuador

Ecuadornews: China returns to Ecuador’s radar as a financial potential, at a time when the international capital market is too expensive an option. The President of the Republic, Lenin Moreno, will visit China from December 11 to 15. The key point of the agenda will be to...
Posted On 03 Dec 2018
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In 18 days, 280 political groups must register candidates

Ecuadornews: The CNE, before including candidates in the ballots, will review the legal and internal democracy requirements. The deadline expires on December 21. Despite the fact that the registration period of candidacies for the 2019 sectional elections began on November 21 and...
Posted On 03 Dec 2018
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Ecuador produces less domestic gas

Ecuadornews: The price of errors is expensive. The tight economic situation of the country suffers another setback by the failed repowering of the Esmeraldas Refinery.Complications in the plant forced this year to reach a new peak in the import of derivatives such as Liquefied...
Posted On 03 Dec 2018
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The reputation of Interagua collapses in Via a la Costa

Ecuadornews: The inhabitants and businesses of the Via a la Costa sector woke up with the new sof the suspension of drinking water service in the sector; although for some it was not new, since in less than a week three cuts have been registered. The concessionaire Interagua...
Posted On 03 Dec 2018
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