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Ecuadornews: Guayaquil closed 2018 with an estimated vehicle fleet of 484,049 vehicles, according to the Municipal Transit Authority (ATM). The figure compared with 2017 was an increase of 62,248 cars in a city of more than 2.7 million inhabitants, which deals with problems of...

Ecuadornews: Ecuador will send abroad 15 000 tons (t) of flowers to meet the demand of Valentine’s Day. The sector also has a new boarding point this year thanks to the resumption of cargo flights at the Cotopaxi International Airport.  The export figure represents an...

Ecuadornews: At least 15 contracts concluded within the process of Repowering the Esmeraldas Refinery, for a total amount of $ 286.68 million, have no documentary support. This is supported by the audit company Tecnatom, contracted by the Government to carry out an audit, in a...

Ecuadornews: The economic illiquidity of 2018 motivated companies to seek financing alternatives and one of the options was to resort to the stock market. Last year, this sector issued securities in exchange for fresh resources, for an amount of $ 1,750 million, 24% more than...

Ecuadornews: The support to small and medium enterprises that wish to export their products to the European Union (EU) is one of the benefits of the trade agreement that Ecuador maintains with the bloc. Assistance is channeled through the Corporation for the Promotion of Exports...

Ecuadornews: The promotion campaign for the 43 candidates to the Council for Citizen Participation and Social Control (Cpccs) will cost USD 4.54 million. The communicational products will be broadcast under equal conditions, in press, radio and television. This is determined by...

Ecuadornews: The $ 1,000 million obtained last Monday, through the issuance of bonds, represent 12.5% ​​of the total financing needed by the Government to cover all its expenses this year, according to data from the Ministry of Economy and Finance (MEF). According to proforma...

Ecuadornews: The reduction of the electric power tariff, announced by the previous Government, has not yet materialized. Despite the incorporation of new hydroelectric plants, the average cost of the kilowatt hour (kW / h) in this year will be USD 0.0926, when according to the...

Ecuadornews: The Ecuadorian authorities surprised the international markets yesterday with a sovereign bond issue to get 1,000 million dollars to cover their financing needs this year. Investors and analysts consulted by EXPRESO expressed their surprise and concern after the last...

Ecuadornews: More than a century must have passed before the Commercial Code, dating from 1906, is updated. The document prepared by the Economic Regime Commission seeks to stimulate transactions, for exchanges in transparent markets, legalize the concept of fair trade and...