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So far this year, the export sector has recorded more than 500 incidents of insecurity. Economic losses exceed USD 5 million. A total of 400 containers of bananas failed to be exported from Puerto Bolívar, El Oro province, between September 9 and 10, 2023, due to insecurity....

The new government will have more expenses, due to the El Niño Phenomenon and the insecurity crisis, but the income is not enough and there are few lenders. One of the biggest challenges that the government that replaces Guillermo Lasso’s in 2024 will have to face will be...

So far, SRI has identified 491 contributors who sell new products on social media. About 100 do not have a RUC. Social networks have become a primary sales channel for entrepreneurs and companies. But not always these sales are reported in the tax return to the Internal Revenue...

However, the Government responded that as long as the National Electoral Council does not officially notify the results, after the closure of the ballots, operations can continue. And he recalled that the Constitutional Court granted a one-year term to finalize the closure of...

Closing of the ITT and tax reduction will mean a drop in income of at least USD 2.4 billion per year, without taking into account the possible effects of El Niño. The closure of the ITT oil block and the tax reduction promoted by the current President Guillermo Lasso will leave a...

The Minister of Energy warns that there will not be enough money for fuel imports or other goods due to the closure of the ITT. The Government accepted the victory of the Yes vote in the popular consultation that provides for the closure of all oil activity in the ITT block,...

Around 500 people in the export sector have been victims of crime so far in 2023. Of these, 20 have died. Robberies, assaults, extortion, kidnappings are part of the criminal acts that more and more exporters must face, especially those who operate on the Ecuadorian coast. On...

Domestic air traffic has recovered faster than international. Aeroregional will offer the Quito-Cuenca route from August 4. With 7,890 flights, the Guayaquil-Quito route appears in position number 12, in the Ranking of air routes in Latin America and the Caribbean with the most...

The Ecuadorian Ministry of Production spoke after hearing the observations of the Constitutional Court on the trade agreement with Costa Rica. The Ministry of Production of Ecuador pronounced this Tuesday, August 1, after hearing the observations made by the Constitutional Court...

17.4% of respondents said that the most important thing to choose a bank or cooperative is reputation. For 14.5%, what weighs the most is the number of branches. Six out of ten Ecuadorians are clients of more than one financial institution , be it a bank or a cooperative ,...