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The climate, the proximity to Guayaquil and the availability of land are some of the factors that make Playas attractive for investment in the real estate and tourism sectors. Two large Ecuadorian groups, Nobis Holding de Inversiones and Almacenes Estuardo Sánchez , are investing...

The Dominican Republic airline plans to fly to 20 destinations in 12 countries in its first three months of operations. The Arajet airline announced international flights from Santo Domingo , in the Dominican Republic, to Quito and Guayaquil , in Ecuador. The operation will start...

One of the main barriers that prevents young people from studying and, in this way, improving their employment status is the lack of economic resources. As of June 2022, 18.5% of young Ecuadorians between the ages of 15 and 24 neither study nor work , which places them within the...

Corruption, legal insecurity and legislative blockage prevent Ecuador from overcoming its reputation as a high-risk investment destination, according to the US State Department. The United States Department of State has issued a statement on the investment climate in Ecuador, in...

Inflation and rising food prices complicate access to healthy diets, says the Food and Agriculture Organization of the United Nations (FAO). An Ecuadorian needs USD 2.93 a day to eat healthily , according to a recent study carried out by several United Nations organizations ....

The Ministry of Agriculture and Livestock (MAG) began this week the delivery of bags of urea with the benefit of the subsidy of 50% of its commercial cost. The first beneficiaries were farmers from the Daule canton area, where the head of the MAG, Bernardo Manzano, went last...

Despite the improvement in GDP per capita, the country’s structural problems remain, such as a lack of full employment and a high poverty rate. The International Monetary Fund (IMF) updated its projection on the recovery of the country’s Gross Domestic Product (GDP)...

After eight days of travel from Ecuador to Switzerland and five months of working on the entire export process, the first 5 kilograms of processed flower and one liter of Ecuadorian cannabis tincture arrived at their destination. This export was made by CannAndes to Profields SA,...

Ecuador’s country risk dropped 334 points in the last ten days. It went from 1,600 points reached on July 15 (during the dialogue tables to seek pacification of the country) to 1,266 points this weekend. The approaches of the current Minister of Economy and Finance, Pablo...

The Internal Revenue Service (SRI) has identified USD 733 million in assets abroad, declared by 202 taxpayers. In the first half of 2022, the SRI has collected USD 29 million for the temporary tax levied on wealth abroad. This value corresponds to goods valued at USD 733 million...