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Ecuadornews: Since 2009, the Government has set the maximum interest rates that private banks can charge for lending money to their clients. But these rules could change. The delegate of the Executive before the Board of Monetary and Financial Policy and Regulation, Marcos Lopez,...

Ecuadornews: Quito – The Vice President of the Republic, Otto Sonnenholzner, and the Minister of Energy and Non-Renewable Natural Resources, Carlos Pérez García, will participate in the launch of the updated Mining Public Policy, which will take place this Tuesday at the...

Ecuadortimes: The multiple complaints of users of the National Electricity Corporation (CNEL), in Guayaquil, were echoed by the Government, which yesterday announced the resignation request of the manager Wilfrido Veintimilla and ordered the return of the energy service charges...

Ecuadortimes: Quito – The tariff for mobile wallet services (BIMO and BICO) is now ready. It is a matter of days for it to be approved and put into operation. This was explained by Marcos López, delegate of the President of the Republic to the Monetary and Financial Policy...

Ecuadortimes: Ecuador exported $ 12,839 million in non-oil products to the world in 2018, a growth of 5% ($ 630 million) compared to 2017, according to figures from the Central Bank of Ecuador (ECB). And sales to China, according to the Ecuadorian Federation of Exporters...

Ecuadortimes: The Government seeks to give banks more liquidity so that they can give loans. The productive loans are the priority. Inject money into the economy to move it. At the end of June, the liquidity of the financial system will be recalculated in order to allow banks to...

Ecuadornews: The prefect Carlos Luis Morales ratified the unilateral term of the contract with the Dredging Service of the Ecuadorian Navy on Monday and ordered the inspector of the work to “refrain from approving any spreadsheet”, in addition to handing him “a...

Ecuadornews: The Government will contract directly with the Russian company Tyazhmash. In the work, with problems since 2008, another $ 400 million have been invested.  Today, May 21, the estimated date for the award of the contract that the State will sign for the completion of...

Ecuadornews: The goal of the Public Sector Real Estate Management Service in 2017 was $ 307 million. Resources do not enter directly into the General State Budget. In August 2017 the Government proposed an austerity plan to improve the economic situation and meet financial...

Ecuadornews: On Monday night, the VI Cocoa World Summit 2019 was inaugurated at the Convention Center of Guayaquil, with the presence of Mayor Cynthia Viteri, Deputy Mayor Josué Sánchez, regime authorities and representatives of the cocoa producer and exporter sector. The event,...