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“The future of Artificial Intelligence”, TRANSCENDER presented its 5th edition.

This Saturday, November 11, the 5th was held. edition of Transcender with the presentation of The future of Artificial Intelligence. Víctor Hugo Herrera, business consultant; Carlos Zúñiga, Digital Strategist; Juan Alfredo Triviño, Reinec and David Dueñas, Iroute. The event was...
Posted On 13 Nov 2023
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Multicines Chain acquires shares of Cinemark in Ecuador

The seven movie theaters, currently operated by Cinemark, will not close or cease operating in Ecuador. Rather, they will expand their services but now under the commercial acquisition of the Ecuadorian company Multicines. On the website of the Superintendence of Companies, the...
Posted On 10 Nov 2023
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Government issues Personal Data Law Regulations

The President of the Republic, Guillermo Lasso, signed the Decrees on the issuance of the regulations of the Personal Data and Fintech laws. Almost two and a half years after the entry into force of the Organic Law on the Protection of Personal Data, the national government...
Posted On 09 Nov 2023
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Daniel Noboa says that his tax reform will not include raising taxes

The market for now is cautious regarding Noboa’s first announcements. This is reflected in the country risk, which fell 10 points. Given the expectation of an eventual tax reform in the next government, the elected president, Daniel Noboa, clarified in his dialogue with the...
Posted On 08 Nov 2023
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Daniel Noboa seeks investment and financial support for Ecuador, in the United States

The elected president of Ecuador, Daniel Noboa Azin, and his work team began a series of meetings in the United States to attract investment, financial support and increase the country’s foreign trade. Noboa arrived in the United States on the afternoon of Saturday,...
Posted On 07 Nov 2023
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Constitutional Court issues favorable opinion on the trade agreement with China

The ruling of the Constitutional Court is a step prior to the final approval of the Free Trade Agreement with the Asian giant, which will now remain in the hands of the next National Assembly. Exporters ask that the FTA enter into force “as soon as possible.” The...
Posted On 02 Nov 2023
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Ecuador and Peru: 25 years since the signing of peace and significant economic growth

To put an end to the differences that for decades distanced Ecuador and Peru, on October 26, 1998, peace was signed between the two countries through the Act of Brasilia. This represented a milestone in their bilateral relationship and, of course, an important opportunity for...
Posted On 27 Oct 2023
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Informal employment figures continue to rise in Ecuador

The informal employment rate in Ecuador rose in September 2023, closing at 54.4%. Unemployment stood at 3.7%, according to INEC. Of the total number of people with employment in Ecuador, 54.4% were in the informal sector of the economy by September 2023, according to figures...
Posted On 25 Oct 2023
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Economy: 5 axes of Daniel Noboa’s Work Plan

Reducing unemployment rates is the central objective of the Work Plan of Daniel Noboa, president-elect. The document, which has 76 pages, details some of his actions in this area.  These are five axes of Daniel Noboa’s Work Plan:  1. Reduction of unemployment. Invest in...
Posted On 21 Oct 2023
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Ecuador projects 27% growth in non-oil exports due to agreement with Korea

Ecuador and South Korea signed the preliminary trade agreement. This was reported by President Guillermo Lasso on the night of October 10, 2023. That would mean opening to a market of 51 million people. Lasso said: “ The impact will be for 98.8% of our current exportable supply...
Posted On 11 Oct 2023
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