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Cocoa exports increased in value 145% until March, due to price increases

Since mid-April, the price of cocoa began to decline in the international market; This May 20, it stands at USD 7,151 per ton. Ecuadorian cocoa grew the most in exports in the first quarter , among the main products in the exportable basket, due to the record prices of the fruit....
Posted On 20 May 2024
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Export online, the definitive program to internationalize SMEs

Traditionally it has been considered that exporting requires a lot of capital or large quantities of production, and it is true, the fact is that today, with the advent and development of applied technologies, the option of exporting for small and medium-sized companies implies a...
Posted On 10 May 2024
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President Daniel Noboa gives 20 days for a 50% reduction in electricity bills

President Daniel Noboa, through a Decree, instructed the Ministry of Energy to enable a 50% reduction in electricity consumption bills. President Daniel Noboa, through a Decree, instructed the Ministry of Energy to enable a 50% reduction in electricity consumption bills. This...
Posted On 09 May 2024
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Four cantons of Manabí, with a view to becoming a real estate metropolis

Manta, Montecristi, Jaramijó and Portoviejo are important real estate development rings in Manabí. Projects worth between USD 70 million and USD 100 million are being developed in Manta alone. Four cantons in the central south of Manabí, with Manta at the head, have become...
Posted On 06 May 2024
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Free Trade Agreement between Ecuador and China will enter into force on May 1

The Free Trade Agreement (FTA) between Ecuador and China will come into force this May 1, complying with all the established requirements and deadlines, the Ministry of Production, Foreign Trade, Investment and Fisheries reported this Tuesday. The agreement is expected to...
Posted On 30 Apr 2024
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The Apple Pay digital wallet works in three banks in Ecuador

People in Ecuador can pay with Apple Pay, through credit or debit cards from three banks. Apple Pay, a mobile payment service or digital wallet from the American technology giant of the same name, is already working in Ecuador. Exactly, Apple details that the system, for now, can...
Posted On 26 Apr 2024
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CAF approves quick credit of USD 800 million for Ecuador, while money arrives from the IMF

These days, the CAF will disburse a quick loan for Ecuador, while the new credit arrives from the IMF, which must still be approved by its Board of Directors. The Board of Directors of the Bank of Latin America CAF approved a short-term bridge loan of USD 800 million for Ecuador,...
Posted On 25 Apr 2024
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IMF and Ecuador reach a technical agreement for new credit for USD 4,000 million

In record time, the Government of Daniel Noboa reached a technical agreement with the IMF. The credit program will have a duration of 48 months. The International Monetary Fund (IMF) and the Government of Daniel Noboa reached an agreement at a technical level for a new credit...
Posted On 25 Apr 2024
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Ecuador and the United Arab Emirates take the first steps towards a trade agreement

The trade balance in 2023 was favorable for Ecuador. The Arab Emirates have interest in Ecuadorian companies dedicated to agribusiness, tourism, mining and renewable energy. The Minister of Commerce of the United Arab Emirates, Thani Al Zeyoudi, is visiting Ecuador, along with...
Posted On 23 Apr 2024
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A ton of cocoa is close to USD 12,000 and its exports already exceed those of tuna

As of February 2024, cocoa was ranked as the third non-oil non-mining export product, surpassing tuna and canned fish. The record prices of cocoa boosted the value of exports of the grain and its products in Ecuador, becoming the third non-oil, non-mining export product by...
Posted On 23 Apr 2024
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