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Ecuadornews:     In the framework of the CLX meeting of the Board of Directors of the CAF (Development Bank of Latin American), which is being held in Santa Cruz (Bolivia), a loan of $ 150 million was approved for Ecuador. A statement from the Ministry of Finance...

Ecuadornews:     Today, at 09:00, Vice President Jorge Glas will appear before Attorney General Carlos Baca Mancheno to give his version on the case of the Brazilian construction company Odebrecht. Glas appeared in Parliament on June 21st, accompanied by his followers....

Ecuadornews:     The cost of the Pacific Refinery would be adjusted between a 34% and a 47%, in order to make it more attractive for private investment. Minister of Hydrocarbons Carlos Perez stated this yesterday and added that the Government is committed to promoting...

Ecuadornews:     Before applying a tariff adjustment to 403 products, the Government will analyze it together with the country’s companies. The announcement was made on July 4 by Foreign Trade Minister Pablo Campana, in the framework of the first business meeting...

Ecuadornews:     The honor of Rafael Correa was not injured by the journalist Martin Pallares, nor was it discredited. The Judge of Criminal Offenses of Pichincha Fabricio Carrasco took this resolution yesterday after a 4 hours hearing. Pallares was sued by former...

Ecuadornews:     The questioning to former comptroller Carlos Pólit, that ended with his censorship, would define the path that should be followed by the request for impeachment backed by 59 signatures, a week ago, against the Vice President Jorge Glas. This is the...

Ecuadornews:     Through a statement, the Norwegian company Skretting announced yesterday it has launched plans to build a new state-of-the-art shrimp feed plant in Ecuador. The company said that the infrastructure will be built in “carefully planned” phases...

Ecuadornews:     Ecuador’s domestic debt increased from $ 3,094.4 million in April to $ 6,631.5 million in May 2017. This is a difference of $ 3,537.1 million in a single month. However, during this period there was a significant amortization (payment of capital),...

Ecuadornews:     The crisis in the construction sector, which has lasted for seven consecutive quarters so far, has impacted several related activities as well. On Friday, June 30, 2017, the Central Bank of Ecuador (ECB) presented the figures of the first quarter of...

Ecuadornews:     The Public Prosecutor issued a ruling on the complaint against Carlos Ochoa, head of the Superintendence of Information and Communication (Supercom). He had been singled out for alleged forgery and misuse of public documents. According to the...