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  • Ecuador’s provinces with the wealthiest people

    RIO DE JANEIRO, BRAZIL - Between January and April 2022, Ecuador's Internal Revenue Service (SRI) collected US$414.5 million for the temporary wealth tax, both from companies and individuals. The tax was established in the Economic Development and Fiscal Sustainability Law, which came into . . . To read the full ...

  • Five challenges for Ecuadorian exporters as a result of the war

    RIO DE JANEIRO, BRAZIL - Five weeks -almost six- after the start of the Ukraine conflict and the unprecedented damaging sanctions against Russia, the Ecuadorian export sector recorded losses of US$85 million, equivalent to 6% of total non-oil and non-mining exports to the world in March 2022. Faced with this ...

  • Ecuador launches tender to reopen 100 oil wells and extract gas

    RIO DE JANEIRO, BRAZIL - Ecuadorian state oil company Petroecuador has launched a tender to reopen 100 abandoned oil wells and extract associated gas from fields in the Amazon, the company said Friday. The reopening of these 100 wells will allow Ecuador to increase its oil production by 15,000 barrels ...

  • Ecuador registra superávit comercial de $2,871 millones

    Ecuador, que exporta petróleo, banano, camarón y flores, registró un superávit de $2,871 millones en su balanza comercial de 2021 al mejorar sus ventas en 31% frente a las de 2020, de acuerdo a cifras divulgadas ayer por el Banco Central (BCE).

  • Ecuador advances on an uphill road to obtain foreign investment

    RIO DE JANEIRO, BRAZIL - Ecuador is advancing on an uphill road to obtain foreign investment amid the international expectation of the government of the center-right Guillermo Lasso and under the watchful eye of social and environmental organizations, opposed to privatizations and damage to nature, respectively. In its almost eight ...

  • Ecuador opens its strategic sectors to Spanish investment

    RIO DE JANEIRO, BRAZIL - Ecuador has embarked on an international campaign to position itself as an investment destination. The new president, Guillermo Lasso, presented during his recent official visit to Spain the investment plan that the country has prepared for the next four years, valued at The post Ecuador opens ...

  • Ecuador increased annual oil sales by 51% in 2021

    RIO DE JANEIRO, BRAZIL - Ecuador in 2021 increased up to 51% annual oil exports and considerably improved those of shrimp, in addition to increasing income from coffee, tuna, fish, and flowers, which are among its main sales products, informed the Central Bank (BCE). The South American country, whose dollarized ...

  • Ecuador’s exports grew 31% until November 2021

    RIO DE JANEIRO, BRAZIL - In January-November 2021, Ecuador's exports increased 31.3%, driven by a 77.5% growth in oil shipments and 15.6% growth in non-oil foreign sales. Both types of exports exceeded their 2021 numbers. In figures, the above translates into US$24.2 billion in total The post Ecuador’s exports grew 31% ...

  • Ecuador to propose to China the renegotiation of its debt

    RIO DE JANEIRO, BRAZIL - Ecuador will propose to China the renegotiation of the payment of its debt of about US$5.2 billion during a forthcoming visit of President Guillermo Lasso to Beijing, said Foreign Minister Juan Carlos Holguín on Monday. The conservative ruler . . . To read the full ...

  • The economic sectors that have grown the most in Ecuador

    RIO DE JANEIRO, BRAZIL - 2021 is when more companies have been incorporated compared to 2020, revealed by the Superintendence of Companies, Securities, and Insurance (SCVS). In 2020 they had a growth of 9% compared to 2019, and 10,941 companies were incorporated. But, in 2021, they have increased by 44% ...

  • La soledad no deseada

    La firma global de consultoría de comunicación, marketing digital y asuntos públicos Llorente y Cuenca elaboró recientemente una campaña denominada Invisible Soledad, que busca generar una conversación en torno a la soledad no deseada que pueden llegar a sufrir los adultos mayores.

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