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The shipping port defines the cost of the banana

That initial aspiration of Dubai Port and seconded by the Government of Rafael Correa to leave Guayaquil for cabotage (internal merchandise traffic) and tourism that stipulated the late Mobility Strategic Plan, made sense only for the economic calculations of DP Worl...
Posted On 30 Dec 2019
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The ten most purchased appliances in Ecuador during 2019

The Internet connection of televisions to view web content has boosted the sale of so-called Smart TVs in the country. The ten most purchased appliances in Ecuador during 2019 TVs are the most purchased appliances in 2019 followed by fans and kitchens. The Association of...
Posted On 30 Dec 2019
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Meet several of the milestones reached as a country in 2019

With the end of the year 2019, there are milestones achieved by the National Government that stand out, both in economic, social, cultural, sports and among others. In macroeconomics, the Government received $ 3.1 billion of multilateral financing this year, with better terms and...
Posted On 27 Dec 2019
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The export sector expects the largest salary increase in 2020

The National Labor and Wages Council expects to meet again this Friday and it is likely that in that last appointment it will be defined what will be the increase in salaries that will be in 2020. However, while that happens, the private sector launches its own calculations. That...
Posted On 26 Dec 2019
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Telefónica sells its towers in Ecuador for $ 224 million

Telefónica Movistar announced last Monday the sale of 1408 towers in Ecuador and 621 in Colombia to the Phoenix Tower International (PTI) company for about $ 321 million. The sale of the towers in Ecuador amounts to $ 224 million and those of Colombia, $ 96.5 million. Telefónica...
Posted On 26 Dec 2019
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The 6 external risks for the Ecuadorian economy in 2020

Next year it is challenging for Ecuador in economic matters. The International Monetary Fund (IMF) has identified six external risks that the country may face in 2020. The agency has already announced that it expects lower growth of the Gross Domestic Product (GDP) in the...
Posted On 24 Dec 2019
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Ecuador will export $ 23 million in copper in the last days of December

The first large-scale copper export will take place between December 22 and 31. The Mirador project will fulfill this milestone by sending about 20,000 tons of copper representing $ 23 million. Ecuador will export $ 23 million in copper in the last days of December This was...
Posted On 20 Dec 2019
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Humpback fly alerts Russians, Agrocalidad rules out contact with banana

Almost four months after the Russian Veterinary and Phytosanitary Control Service (Rosselkhoznadzor) warned of the alleged presence of the humpback fly in a 25-ton shipment of Ecuadorian bananas that arrived at the port of Novorossiysk, the warnings are re-ignited in that country...
Posted On 19 Dec 2019
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Since January, new ICE taxes will be applied for beers and mobile plans

The Tax Simplification and Progressivity Law is one step into effect. Since January, new ICE rules for beers and mobile plans The text approved by the Assembly on December 17, will be published in the Official Registry before the end of 2019, so that it can be applied from...
Posted On 19 Dec 2019
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Russia and the Netherlands, the ones with the highest commercial profit leave Ecuador

The biggest commercial gain this year comes from Russia and the Netherlands. Russia and the Netherlands, the ones with the highest commercial profit leave Ecuador According to the Central Bank of Ecuador (ECB), with both partners, the country managed to obtain, until October, the...
Posted On 19 Dec 2019
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