Banana dialogue tries now to lower costs

  The price of a banana box (41.5-43 pounds), which will govern from January 1, will be $ 6.26, ten cents more than the current one. This was set this week by the undersecretary of Commercialization of the Ministry of Agriculture, Carol Chehab. However, the new price has...

The indigenous economy is the most vulnerable

They are more than 42 million and speak more than 500 languages. Despite benefiting from the expansion of essential services over the previous decade, they remain relegated. The World Bank’s study on Latin American Indigenous in the 21st Century, proposed the...

It takes 664 hours for taxpayers to file returns

The Internal Revenue Service (SRI) adds to the list of private sector observations the time it takes to file returns due to the increase in what has been collected during the last decade. The World Bank and the international tax consultant firm PWC presented a study that assures...
Posted On 23 Nov 2016
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MSMEs make plans to sell products to the European Union

Protection for micro, small and medium-sized enterprises involved in public procurement processes in the country was one of the topics discussed in the negotiation of the trade agreement between Ecuador and the European Union (EU). According to the Report on Negotiations of the...

National candies expect to increase sales in December

The national candy industry has taken advantage of the drop in imports to place more products on the market that have improvements in presentation and quality. And thus, meet the demand of a public that craves these sweets in December (the best month of the year). Wholesalers...

Guayaquil is an Asian business magnet

In a downtown area, much of the traditional business of the Chinese community concentrates. There are about 30 restaurants, clothing stores, grocery stores and bazaars in eight blocks. In Guayaquil, there are about 25 000 citizens of the Asian giant, according to the Chinese...

The Chinese firm Cerg negotiates a contract for the Sacha oil field

The government expects to close a contract with the Chinese company Cerg for the Sacha field until Friday, confirmed Minister of Strategic Sectors Augusto Espin. The official said that the government is “on the verge of closing that contract.” The government had...

The debt to China totals $ 8,650 million

Ecuador’s obligations to China, the country that has provided the most resources via debt and oil presales, are estimated in at least $ 8,650 million. Today Ecuador is ready to receive the visit of the president of this Asian country, Xi Jinping, who will be until tomorrow...