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Producers take thousands of bananas into the roads to demand attention from the Government

Banana producers from the provinces of Guayas, Los Ríos and El Oro requested, from the early hours of this Monday, the government of Guillermo Lasso to declare an emergency in the sector due to the impact of the war between Russia and Ukraine, and to carry out the immediate...
Posted On 14 Mar 2022
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Russian Ambassador in Ecuador says that mechanisms are being sought to trade with Ecuadorian companies

According to the Ministry of Production, Foreign Trade, Investments and Fisheries, from January to December 2021, Ecuadorian non-oil exports to Russia left a balance of $1,000 million, with a growth of 8.7% compared to 2020 ($80 millions more). The main products were bananas,...
Posted On 10 Mar 2022
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In Ecuador, 3 out of 10 women hold management positions in companies

The labor and wage gap between women and men remains significant. In Ecuador, the labor participation rate of men is 57.46%, while that of women is 42.54% and, if the issue is measured by salaries , inequality also prevails, since for every $1 they earn, they only receive 0.84...
Posted On 09 Mar 2022
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Oil over $100 has two faces for Ecuador

Oil continues to climb and what, in principle, may seem like a better economic scenario for Ecuador, being a producer, the consequences in the pockets of citizens could also be felt, if costs remain high for a long time. Yesterday it hit $119. Last Sunday it hit $127, the highest...
Posted On 09 Mar 2022
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Banana growers propose a contingency fund to minimize losses due to the war between Russia and Ukraine

The banana producers propose to the Government the creation of a contingency fund with their own financing (from the banana producers themselves), through the withholding of $0.05 per box sold to minimize the losses that may be caused by the war between Russia and Ukraine. This...
Posted On 09 Mar 2022
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War conflict in Ukraine puts the arrival of fertilizers in the country at risk

A gray cloud threatens to bring problems to farmers : the possibility that the war in Ukraine will affect the supply of fertilizers . Russia is the main supplier of this input and at the moment there are logistical problems to import it. With the beginning of the conflict , the...
Posted On 07 Mar 2022
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Tourist spending on the Carnival of Ecuador bordered on 67 million dollars

The economic movement generated by the recent Carnival holiday in Ecuador amounted to 66.8 million dollars for tourist spending during the four days of vacation, the Ministry of Tourism reported Monday. In a statement, he noted that the figure represents “an additional...
Posted On 07 Mar 2022
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The export of pelagics puts the fishing sector afloat

Small pelagics, which were previously mostly used for the production of fishmeal and for local consumption, have become an important item in fishery exports. Last year, at least, it was the segment that had the greatest rebound and that managed to fuel the sales of these...
Posted On 03 Mar 2022
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First factory opens to produce cannabis-based cosmetic products

With 90% of spaces built with recyclable or reusable materials, and equipped with state-of-the-art machinery, which allows the production of different products at an industrial level such as oils, ointments, shampoo and soaps, the Ecuadorian Association AYA Natural Products...
Posted On 02 Mar 2022
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Russia’s military offensive against Ukraine causes uncertainty among Ecuadorian banana and flower exporters

El inicio de una ‘operación militar’ en Ucrania por parte de Rusia, anunciado por el presidente Vladimir Putin en la madrugada del jueves y que Kiev afirma que se trata de una “invasión a gran escala”, se da en momentos en que Gobiernos de todo el mundo luchan por contener la...
Posted On 25 Feb 2022
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