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Pay TV penetration in Ecuador has dropped from 30% to 11.5% in the last five years. The main factor is the growth of streaming. Streaming is taking more and more of the market away from paid television in Ecuador, which closed last year with 544,505 subscribers, which is...

The investment banks JP Morgan and Morgan Stanley warn that the results of the voting weaken the government of Guillermo Lasso. The results of the sectional elections in Ecuador and the 2023 referendum fuel fears in international markets of an early termination of the Guillermo...

A trade agreement with Canada would boost flower exports to that country, which is now the fifth destination for Ecuadorian flowers. Ecuador’s flower industry is seeking to recover from at least three shocks in 2022, and a trade agreement with Canada could help them. Canada...

Currently, Ecuadorian bananas pay a 10% tariff for entering the Asian country, with the trade agreement it will decrease 1% per year. Ecuadorian banana exports fell in 2022, both in volume and in dollars, according to the Central Bank of Ecuador (BCE) and the banana union....

A collapse in southwestern Colombia caused the destruction of a section of the Pan-American highway on January 9, 2023, leaving the southeast of that country isolated. Ecuador will export balanced foods for domestic and farm animals to Colombia, as a consequence of the collapse...

The State Public Security Council (Cosepe) resolved to declare illegal mining a threat to state security. The announcement was made by the Secretary of Security, Diego Ordóñez, at a press conference held in Carondelet, after a meeting of the Council of Public Security and State...

International Reserves (IR) stood at USD 9,353 million on January 20, 2023, reaching its highest level since the start of dollarization. This high level of reserves allows covering 100% of the liabilities of the first and second balance system of the Central Bank of Ecuador, and...

A greater purchase of diesel to face the severe dry season had an impact on the increase in the cost of importing fuels from Ecuador. In 2022, Ecuador imported 70% of the fuels consumed by its domestic market, which represented a cost of USD 7,646 million. This is a number never...

Ecuador has registered and contained nine outbreaks of avian influenza in the provinces of Cotopaxi, Bolívar, Pichincha and Tungurahua. The Central Government is analyzing the appropriate vaccine to immunize poultry and backyard birds, which are exposed to avian influenza. The...

The CFN plans to sell the emblematic La Clementina banana farm, valued at USD 93 million, until March 2023. The National Financial Corporation (CFN) will auction the emblematic La Clementina banana farm, located in the province of Los Ríos, in the first quarter of 2023. Jorge...