Category

President Lenin Moreno, accompanied by several of his State ministers, from the Carondelet Palace, announced tonight a series of economic measures due to the fall in the price of oil and the onslaught of the coronavirus worldwide. President Lenín Moreno announced a cut in public...

The collapse of the price of crude oil at levels that were not seen since 1991 has an impact on the Ecuadorian economy that goes beyond the fiscal box. Not only the treasury is affected with the fall in the price of crude oil In 2019, the country received USD 15.097 millio...

The most important agricultural product in the country entered among those affected by the coronavirus. The crisis in China , where 10% of its sales are directed, as well as the isolation of Italy create the perfect storm. Banana Eclipse: the price falls in half Yesterday the...

Four solutions to address the effects of the coronavirus in the banana sector mentioned José Antonio Hidalgo, executive director of the Association of Banana Exporters of Ecuador (AEBE), in a statement. Four solutions pose Ecuadorian banana growers before coronavirus They propose...

For many years Pascuale Mastricci -Comaco- was a verb and not a noun (as the Guatemalan singer Ricardo Arjona would say ) in Ecuador’s banana business in the Mediterranean. Although now its weight is not the same as before, this does show the importance of Italy for...

Aquaculturists go through their worst crisis after the attack of the white macha (1999). The coronavirus has infected the most important sector of the non-oil economy , and leads to a wave of layoffs. Shrimp is spread, mass layoffs The shrimp generated 3,890 million dollars in...

The closing of borders and a decrease in the demand for products are two effects that the coronavirus or covid-19 begins to leave in commerce . Purchase orders for three products begin to fall Foreign Trade Minister Iván Ontaneda said that there has ...

On the United States fruit hangers, less Ecuadorian bananas are sold every day. On the other hand, the one in Guatemala is constantly rising and selling more than double that of Ecuador. The banana from Guatemala is taken from the USA. And that of Ecuador? In 2016, for example,...

The Productive Development Law is one year and a half in force. The proposal was sent by the Executive in order to make Ecuador a more attractive destination for investments. Internal and external factors affect the investment Although this law has allowed new contract...

Banana trees , even those that have this crop associated with others, face a catastrophe. Excess supply destroys the price of bananas Ney Chávez, who sold a lot at a good price two years ago, this 2020 did what many of his area do: leave the bunch on the ground, without...