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According to a research of the agricultural sector by the Central Bank by the Ecuador (BCE for its Spanish acronym), this year’s winter rice production grew by 3%, in contrast to the 2% decline of last year. The sown are in the quarter under analysis was higher for the 15%...

Vietman became the second non-oil Ecuador partner in the last three years. Among other reasons, because of its strategic position in Asia.   According to Minister of Foreign Trade Diego Aulestia, Vietman is a faithful buyer of Ecuadorian shrimp. It was after the low...

The Automatic tax refund system (drawback) benefits exporters because it has the resources obtained by safeguards. According to President Rafael Correa, this will have an annual cost of $ 256 million, an amount obtained by safeguards from its entry into force from March of this...

A cargo of 180 thousand barrels of naphtha (gasoline blending component) of low octane bidded by the public company Petroecuador in an international tender where it had five strong proposals. Lukoil PanAmericas LLC offered to pay one dollar and five cents over the price of each...

In six months the sanctions that prohibited financial transactions and oil trade with Iran, as a penalty for the development of a nuclear program that concerned the United States, Europe and the West in general, will be lifted. The return of Iran, the fourth with largest oil...

Dole remains as the largest private export. Truisfruit (of businessman Alvaro Noboa) is in second place and Reybanpac in third place. During the first five months of the year, Ecuador sold to the international market 138.4 million boxes of bananas, 8.07% more than the same period...

The fifth edition of the e-Commerce Day of the Guayaquil Chamber of Commerce gathered hundreds of entrepreneurs who learned about the new trends in digital marketing, the construction of a brand and electronic payment platforms for online shops. These were some of the topics that...

According to the Central Bank of Ecuador (BCE), courier imports fell by 46.1% between January and May compared to the same period of 2014. Reduced shipments, dismissal of personnel and changes in work processes are some of the consequences that according to courier companies,...

In an interview with Diario Expreso, Eduardo Egas, Production Minister, spoke about his plans as Minister of Production (Mipro). Egas says that among the objectives is considerable progress in the industrialization process to “get out of that old pattern of exporting raw...

According to preliminary figures from the municipal company Quito Turismo; Pope Francis’ visit to Quito between 5 and July 8, 2015 generated $ 13.5 million. The company conducted a survey in recent days, about 30 000 foreign tourists exclusively arrived to Quito for the...