Sectors of production and safety have higher cut in the annual budget

The sectoral councils of Production, Employment and Competitiveness with $ -398.8 million; of Security with $ -110.8 million and Social Development with an amount of $ -101.8 million are those that will suffer more cuts in investment in 2015. This is stated in the publication of...

Cell phones assembler industry in Ecuador expects to produce 1,200,000 units in 2014

The assemblers industry of cell phones in Ecuador shows growth and new investments; so they expect that for the end of 2014 its production will double, said Henry Aguilar, member for the Association of Electrical and Electronics Assemblers of Ecuador (AEDE2 for its Spanish...

Government shall convene tender for production of cookwares

Next week, the Government would convene a competition which involves industries that provide utensils to be used in induction kitchens, whose sell will become effective in September, replacing gas cookers.   The call would include the provision of seven pieces of steel: three...

Petroamazonas production registers significant rise

The State Oil Company of Ecuador, Petroamazonas (PAM EP), yesterday reported its highest production peak so far this year, with 366,410 barrels of oil, said in a statement. The company noted that the increase was mainly due to the results obtained in the wells North Palo Azul 51,...

China seeks investment and growth, while France recovers

Manufacturing growth in the United States was solid in the first quarter and the return to expansion in French business activity this month suggests that a recovery takes shape in the euro area, although the Chinese manufacturing sector hesitated at the beginning of the year,...
Companies agree to boost production and replace imports

Companies agree to boost production and replace imports

After four months of working on the substitution of imports, the Government points out that there are already results. In the process, it is expected to realize a total of $ 200 million in new exports. In addition, the Ministry of industries and productivity (Mipro) ensures that...
Production problems on China

Production problems on China

The activity of factories in China shrank again in February by a fall of production and new orders, showed a private survey yesterday. The index fell to a minimum in seven months of 48.5 from the 49.5 in January, its third monthly low immediately. A reading below 50 indicates a...
Ecuador seeks to boost production and exports

Ecuador seeks to boost production and exports

Ecuador seeks to reduce imports and boost production so that exports are greater than imports. However from January to November of 2013, the country sold $22.764 million, but bought $24.116 billion. That is, a giant deficit in its trade balance of – 1.351 million. Yet the...
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