Articles
Business intelligence and analysis on Ecuador
Finance and Mining Lead Ecuador 2025 Utilities as Net Profit Hits USD 10.017B
A corporate-utilities ranking based on Superintendencia de Companias data put Ecuador 2025 net utility at USD 10.017 billion. Financial and insurance activities led by sector share, followed by mining, commerce and manufacturing.
Petroecuador Controls PK105 Pipeline Spill, Says Fuel Supply Normal
Petroecuador said a fuel leak in La Union, Quininde, was allegedly caused by a clandestine perforation on the Esmeraldas-Santo Domingo polyduct at PK105. The company said the leak was controlled before 11:00 and national fuel supply continued normally.
Triple A Testimony Puts $100M Diesel-Subsidy Case Back in Focus
A protected witness in the Triple A and Goleada proceedings described how subsidized diesel allegedly moved through an unauthorized resale mechanism. The testimony puts Ecuador fuel-subsidy controls, Petroecuador sales, ARCH oversight and offshore invoicing back in the business-risk frame.
Senae Seizes Counterfeit Ecuador Jerseys in Customs Control
Senae said counterfeit Ecuador national-team shirts were detected during a control on a parcel truck attempting to bring merchandise into the country. The agency framed the action as part of its work against contraband and falsified products.
ARCOM Attack in Machala Raises Risk Around El Oro Mining Controls
An explosive attack affected the ARCOM office in Machala on the night of June 12, 2026. Authorities linked the incident to 88 illegal-mining operations in El Oro, adding a security-risk layer to mining enforcement in one of Ecuador's active control zones.
Ecuador June Fixed-Term Deposit Average Rate Slips to 5.29%
Ecuador's average passive effective rate for fixed-term deposits reached 5.29% in June 2026, down from 5.34% in May and 5.40% in April. Listed rates ranged from 4.31% for 30-60 days to 6.45% for terms of 360 days or more.
CONAFIPS to Mobilize $155M for Farmers and Young Entrepreneurs
CONAFIPS will mobilize up to $155 million in productive financing through a credit-incentive program for young entrepreneurs and small farmers. Official projections point to approximately 30,000 small farmers and 8,000 young-led ventures as beneficiaries.
Ecuador Sets 655-Salary License Rule for Sports-Betting Operators
President Daniel Noboa issued a new regulation to Ecuador's sports law with requirements for sports-betting operators. The rules include licenses valid for up to five years and an annual payment equivalent to 655 basic salaries within the first 20 days of each license year.
Esmeraldas I 125 MW Thermal Plant to Remain Offline for 9-12 Months
Esmeraldas I, a 125 MW thermal plant, will remain out of operation for nine months to one year after a June 5 cooling-tower fire during maintenance. Energy Minister Juan Carlos Blum said Ecuador could face a 1,300 MW deficit in a critical 2026-2027 dry-season scenario, while an external consultant placed potential shortfall risk as high as 2,640 MW under lower hydro generation.
Novacero Plans $180M Investment in Two 50 MW Mini-Hydro Plants
Novacero plans two 50 MW mini-hydroelectric projects with combined investment of $180 million as Ecuador pushes high-voltage users to install their own generation by end-2026. The company already operates a 4.23 MW solar park in Guayaquil and plans additional panels in Guayaquil and Quito while trying to cover a 38 MW peak load at its Lasso plant.
BIESS Offers Three Mortgage-Debt Options as 2026 Credit Target Reaches $5.8B
BIESS reminded affiliates, retirees and pensioners that mortgage borrowers have three alternatives for payment problems: refinancing, restructuring and novation. The bank targets $5.8 billion in 2026 credit placements after placing $5.0986 billion in 2025, including $479 million in mortgage loans across 7,816 operations.
Ecuador Plans Temporary ICE Cut for Moderate Alcoholic Beverages During World Cup
President Daniel Noboa announced a temporary elimination of ICE on moderate alcoholic beverages, including beer, during the 2026 World Cup period. Noboa said beer prices would fall by more than 20% and that the measure would remain in force until July 19, though implementation details were still pending.
