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The banana producers assure that their situation is increasingly unsustainable . For 16 weeks they have been receiving between $ 2 and $ 5 for the 41.5 pound box of bananas, when the minimum support price is $ 6.40. For this reason, they analyze a cessation ...

The Biozero project was among the group of finalists of the second call for allocation of competitive funds from the North HUB, organized by the Secretary of Higher Education, Science, Technology and Innovation (Senescyt), whose objective is to identify and promote innovation...

The President of the Republic, Lenín Moreno , reported that he sent a letter to his Chinese counterpart, Xi Jinping , “to find joint solutions”, against the temporary sanction that Beijing imposed on three Ecuadorian shrimp farms. Ecuador asks China to ‘find...

China announced this Friday, July 10, 2020 that it discovered traces of coronavirus in shrimp packaging from Ecuador and prohibited the importation of food from three Ecuadorian establishments . China’s sanction does not affect all Ecuador’s shrimp export...

Heineken enters the competition in the Ecuadorian beer market with the local production of its brand in a plant in Guayaquil. Heineken started the production of its beer in Guayaquil The entry of this Dutch brand comes after having acquired in 2019 a majority stake in Biela y...

The coronavirus pandemic caused changes in various sectors, one of which is agriculture. Faced with the obligation of physical isolation, the training they receive from various programs is now done via the Internet and they no longer go to listen to talks at a place but are...

The agreement announced with the largest group of holders of bonds of the country will bring five benefits for relieving the burden of public debt in the coming years. Agreement with holders will bring five benefits This is an important step in the debt renegotiation process that...

On Monday, July 6, 2020, the Government took another step in the process of renegotiating the debt in bonds, which amounts to USD 17.375 million by announcing the details of the proposal presented to investors . Ecuador negotiates to pay debt until 2040 with lower interest The...

A lawyer, a doctor and a spa who rented spaces in the Trade Building and City Office buildings , located in the north of Guayaquil, decided to vacate the offices. The vacancy of office spaces increases and rental prices tend to drop in Guayaquil The health emergency caused by the...

With 2520 tourism-related companies closed until last week, including hotels, the sector declares itself illiquid and “practically bankrupt.” With only 9% occupancy, hotels already consider lost in 2020 and 2021 It is the balance that Holbach Muñetón, president of the...