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Economy

‘Invest Ecuador’ aims at strengthening trade ties and attracting new investors

Minister Campana will present in such countries the Ecuador’s investment projects that amount to 33 billion dollars.

Monday, 20 November 2017 16:34

Ecuador’s Assembly to debate draft bill on Economic Recovery

President of the Parliamentary Commission Pabel Muñoz said changes were made since “the initial proposal was not well accepted.”

Monday, 20 November 2017 09:28

Ecuador’s government revises draft bill on Economic Recovery

President Lenin Moreno met Wednesday with assembly members of the Economic and Tax Commission and his economic team in Guayaquil.

Thursday, 16 November 2017 11:22

International study recommends public policies to attract investments to Ecuador and Latin America

An appropriate legal framework, promoting dynamic competence and innovating benefits for users are some of the recommendations to attract investment, according to experts.

Tuesday, 14 November 2017 17:13

Ecuador and Australia look for business opportunities in the mining sector

Entrepreneurs, leaders and officials from both countries participated in a business Summit with the aim of sharing experiences on mining and closing deals that contribute to the country’s economy.

Monday, 13 November 2017 17:17

Ecuador to maintain investment in health and education in 2018

Investment includes other components such as the payment of salaries to members of the Police and the Armed Forces, teachers and doctors.

Monday, 13 November 2017 14:20

Construction begins on Ecuador’s largest port

The construction of Ecuador’s largest deep-water port in the coastal town of Posorja begins Thursday as part of a public-private alliance for the development of the country’s maritime port capacity.

Thursday, 31 August 2017 08:25

President Lenín Moreno met with representatives of the private financial sector

Ecuadorian President Lenin Moreno held a meeting with representatives of private banks and financial authorities to analyze topics including the administration of electronic money.

Wednesday, 30 August 2017 05:06

“We’re going through a stage of the economic cycle with a growth trend,” says president of Ecuadorian Bankers' Association

Ecuadorian private banks reported an increase in deposits of up to 27.1 billion dollars which accounts for a 13% growth between January and July this year, according to figures provided to Andes Agency by Executive President of Ecuador’s Bank Association (ASOBANCA) Julio Jose Prado.

Tuesday, 29 August 2017 11:33

Private, public banks and credit unions to join Ecuador’s electronic money system

Manager at Ecuador’s Central Bank (BCE) Verónica Artola reaffirmed Monday the importance of using electronic money as a means of payment in Ecuador with the aim of reducing the demand for cash in a dollarized country that needs great investment to obtain paper money from the U.S.

Tuesday, 29 August 2017 06:38