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  The vice president of Produbanco means of payment, Sebastian Quevedo, talks about the new Payphone application that allows users to pay from their phones.   Produbanco has partnered with Ecuadorian entrepreneurs to promote payments through a mobile application  ...

  An illegal act and another out of competition affected the reduction of the compensation the Ecuadorian government shall pay to the multinational oil company Occidental (Oxy), for having terminated a contract they had in 2006.   This emerges from the final decision...

  The appearance of the head of the National Electoral Council, Juan Pablo Pozo, at the Commission of Citizen Participation of the Assembly, which will give way to the analysis of eleven proposed amendments to the Code of Democracy was postponed for the next week.   The president...

    The general manager of the Pichincha Bank, Fernando Pozo, explains that the fall in oil prices has led to a massive withdrawal of deposits, which has resulted, collaterally, in a decrease in the loan portfolio. However, he says, the bank has a prudent policy of...

The German shipping group Hapag Lloyd will place its initial public offering at the lower end of a revised range, which will give it a market capitalization of 2,400 million euros, less than half the original target, said two people familiar with the business. Hapag Lloyd shares...

The president of the Ecuadorian Business Committee (CEE for its Spanish acronym) Henry Kronfle, said this morning that the debate of Wednesday night left a margin of subjectivity on the part of the guests regarding what measures should be applied to combat or cure the economic...

  This was revealed by official figures of the Central Bank of Ecuador (BCE). From January to August this year, the final balance of their commitments totaled 7.011 million dollars, of that total debt, $ 3,510 million were fresh loans.   According to the Central Bank...

  Unusual climate variations, from cold to hot, rains in summer and pests ruin tomato, watermelon and melon crops in the coast, long before winter arrives. What nobody thought would happen happens: the peninsula of Santa Elena and the Guayas province have become marginal...

  The General State Budget for 2016 will not be 25,700 million. According to the Ministry of Finance, Rafael Correa failed to mention 4,200 million dollars. The budget would amount, then, to 29.900 million. Minister Fausto Herrera pointed out that the budget _ announced by...

  Ecuador presented on Tuesday in Quito 94 projects in strategic sectors such as mining, electricity and oil. Strategic Sectors Minister Rafael Poveda, made a bid to domestic and foreign investors an ‘investment portfolio $ 37,000 million.” The official indicated...