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Just as General Motors, Ford, Ferrari and Tesla are analyzing these days to change their line of business to manufacture artificial respirators to help patients with coronavirus, in the country some companies adapt their facilities to generate the medical supplies in greatest...

Ecuador guarantees the arrival in the country of humanitarian flights from any country. Ecuador allows humanitarian flights The director of the Risk and Emergency Management Service, Alexandra Ocles, confirmed that the arrival of planes that help to repatriate foreigners who are...

The lack of liquidity due to delays in payments and the decrease in foreign sales, mobility restrictions within the country that affect operations, as well as the imminent arrival of disbursements such as workers’ wages are the main problems that plague the export sector,...

The price of WTI crude closed yesterday at $ 23.08, which also means that Ecuadorian crude, which has a quality penalty of between $ 4 and $ 5, would be priced at $ 18. Ecuadorian oil price is below the cost of production The figure is worrying, since it has already reached below...

In a digital press conference, the Vice Minister of Production, Jackson Torres, referred to the production sector and the support that the Government will give to this branch in the face of the health emergency caused by the coronavirus (covid-19). Emergency losses amount to $...

The representatives of the private financial system say they are aware of the critical situation in the country, so they decided to postpone the collection of fees for up to 60 days, of personal microcredit loans, as well as those granted to small companies, deferring them...

Public entities and the private sector have activated plans to face the greatest traffic restrictions that have been in force in the country since March 17, 2020, due to the health emergency due to the coronavirus. Labor, purchasing and payment facilities are activated in the...

The presidential announcement that the owners of vehicles valued at more than USD 20,000 will have a contractive effect that will have a direct impact on the sales of these products and, therefore, on the collection of other taxes, assures the Association of Automotive Companies...

The recent economic measures, announced by the Government to face a crisis in tax revenues, are viewed with caution from the productive sector . Although these do not have a weighty and direct effect on companies, it is feared that their application will lead to a decrease in...

The former Minister of Economy Francisco Sweet already warned it , in one of his articles in Diario EXPRESO. The expansion of the submarine continental shelf is vital for the Ecuadorian economy. Underwater platform: the rich seabed that the country will lose But the time for...