Ecuador News

With 2520 tourism-related companies closed until last week, including hotels, the sector declares itself illiquid and “practically bankrupt.” With only 9% occupancy, hotels already consider lost in 2020 and 2021 It is the balance that Holbach Muñetón, president of the Federation of Chambers of Tourism of Ecuador and the Chamber of Tourism of...

The United States Ambassador to Quito, Michael J. Fitzpatrick , revealed on Thursday, July 2, 2020 that his country in recent weeks withdrew more than 300 visas from Ecuadorian citizens who are under investigation for corruption and other crimes . The US withdrew 300 visas from Ecuadorians linked to corruption “In the last few weeks we have...

Ecuador’s economy will close with sales losses in the first half of this 2020. This scenario includes the impact of the pandemic in the productive area from March 16 to June 16, which according to a preliminary report from the Ministry of Production they would add USD 6114 million. The data corresponds to electronic invoicing. The activity that...