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In one year, more than 650,000 people lost their jobs; index would recover in four years, according to experts

There were 650,578 people who left adequate / full employment in one year, according to figures from the National Institute of Statistics and Censuses (INEC). And it will take about four years to reverse these figures, economic analysts say. In one year, more than 650,000 people...
Posted On 04 Mar 2021
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Flights in Ecuador fail to recover the frequencies of before the pandemic

Almost a year after the health emergency due to the coronavirus, which led to the suspension of commercial flights in Ecuador for about three months, air frequencies have not reached pre-pandemic levels and airlines continue to adjust their operations. Flights in Ecuador fail to...
Posted On 03 Mar 2021
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If the bill for the Defense of Dollarization in Ecuador is not approved, the next IMF disbursement of $ 450 million would be put on hold

Yesterday the Legislative Administration Council (CAL) did not qualify the second proposal of the urgent bill of the Law Executive for the Defense of Dollarization, which, if not processed and not approved, the next disbursement of the International Monetary Fund would be put on...
Posted On 02 Mar 2021
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New technologies and the use of digital banking are key to reactivation, according to expert

2021 represents an opportunity to reactivate those businesses that were seriously affected by the economic crisis due to the covid-19 pandemic. Although in the final months of 2020 some sectors already perceived a slight recovery, improving business liquidity, in most cases it...
Posted On 01 Mar 2021
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Remote work continues in the public sector of the Executive until March 14

Teleworking in the public sector of the Executive function will continue for 15 more days, as resolved by the National Emergency Operations Committee (COE) this Sunday, February 28, 2021. Telework continues in the public sector of the Executive until March 14 The president of the...
Posted On 01 Mar 2021
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A bacterium protects the lupine from its main threat and would increase grain production in Ecuador

The export of Ecuadorian flowers through air transport performed well in the Valentine’s season, which was from January 18 to February 9. At the Mariscal Sucre de Tababela airport, the activity has represented the second best Valentine’s season since it opened eight...
Posted On 26 Feb 2021
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Despite pandemic, air transport of flowers was the second best in eight years

The export of Ecuadorian flowers through air transport performed well in the Valentine’s season, which was from January 18 to February 9. At the Mariscal Sucre de Tababela airport, the activity has represented the second best Valentine’s season since it opened eight...
Posted On 26 Feb 2021
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Low in oil production in Ecuador makes it difficult to take advantage of the so-called ‘super cycle’ of crude prices

In the oil world, some call it a “super cycle” and others just “a period of high prices.” The truth is that these days the price of crude oil is increasing significantly and well above the calculations that were made in 2020 and that predicted a low price...
Posted On 25 Feb 2021
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The cost of freight to imports brought from Asia has tripled

The importers of Ecuador deal since last October with increases in the prices of the shipping and continue until this week. The cost of freight to imports brought from Asia has tripled The lack of containers and a rebound in demand for goods , especially from China , are the...
Posted On 24 Feb 2021
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Banking obtained $ 233 million in profits in a pandemic year and will reinvest profits to strengthen solidity

During the pandemic, banks have been implementing processes to digitize access to financial products and services. The number of users of the financial system reached 8.5 million in 2020. Banking obtained $ 233 million in profits in a pandemic year and will reinvest profits to...
Posted On 22 Feb 2021
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