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The  District Court of The Hague  today ruled in favor of  Chevron  Corporation in its dispute with the Republic of  Ecuador , confirming the Arbitration Award issued in 2018 by an international tribunal administered by the Permanent Court of Arbitration of The Hague. The Hague...

In the context of the comprehensive debt renegotiation, Ecuador reached another important agreement with Eximbank, which will allow financial relief of USD 474 million during the remainder of 2020 and 2021. Ecuador totals financial relief for USD 891 million with China This...

Starting next Wednesday, September 16, hundreds of digital services in Ecuador will pay a percentage for value added tax. These are the digital services for which the SRI will begin to charge VAT These are popular streaming sites like Netflix, Amazon or Spotify, or passenger...

Torino Capital LLC , a New York-based investment bank, described as positive the result of the renegotiation of part of Ecuador’s public debt , as well as the new agreement with the International Monetary Fund (IMF) . Investment banking congratulates Ecuador for debt...

The I Regional Business Fair , which takes place until Thursday, September 10, virtually , on the platform created by the Corporation for the Promotion of Exports and Investment ( Corpei ) and the Ministry of Production attracted the attention of buyers from Latin America ....

Shrimp farming is one of the sectors that contributes the most to the country’s economy after the oil industry. According to the business advisor Cristina Martínez, in 2019 more than USD 3.3 billion were generated in exports of this product. But 2020 has been an irregular...

More than a dozen institutions, including several that handle public funds, are among those affected by the millionaire debts and unpaid securities issues of the companies Ecuatoriana de Granos SA Ecuagran and Delcorp SA, whose partners and administrators are no longer in the...

The European House – Ambrosetti group presented the 2020 edition of the Global Attraction Index (GAI), which measures and compares the potential, in terms of investment and productive development, of 144 world economies. Ecuador, eighth most attractive economy in Latin...

Electronic commerce grew in Ecuador as a result of the pandemic. According to data from the National Institute of Statistics and Censuses (INEC), in 2018 25% of the businesses in the country made online sales; while in 2020 they reach 80%. New edition of Cyber ​​Monday will be...

Selling ‘pirate’ movies in a local or informal stall ceased to be a profitable business, at least, as it was a few years ago, when people bought the CDs for a dollar to see the films at home on their DVD. Audiovisual content piracy went from CD to digital The new...