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Guayaquil businessmen interested in trading with India

The Guayaquil Chamber of Commerce (CCG for its Spanish acronym) organized the seminar Keys to do business with India, where nearly 300 businessmen from Guayaquil participated, the same that was attended by the Ambassador of India to Ecuador and Colombia Prabhat Kumar. Ecuadorian...
Posted On 14 Jul 2015
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‘El Chapo’ operated in Ecuador through three firms

Andean Airlines (Lincandisa), the advisory company Managers Ecuador (Gestorum) and the importing company Comercializadora Empresarial (Business Team) are three companies that Mexican Joaquin “El Chapo” Guzman set up in Ecuador to launder money, and whose offices were...
Posted On 14 Jul 2015
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The price of WTI per barrel lost 54 cents

The price of a barrel of West Texas Intermediate (WTI) for delivery in August, with a downward trend from the beginning of the month, lost 54 cents reaching $ 52.20 at the New York Mercantile Exchange (Nymex). A barrel of oil from the Organization of Petroleum Exporting Countries...
Posted On 14 Jul 2015
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Study reveals that 92% of workers requested the accumulation of their bonuses

A study by the consulting firm AMS Andean Ecuador revealed that the 92% of a sample of 83 430 employees decided to accumulate their third and tenth annual bonuses, according to an analysis of market behavior developed and which covered 80 national and multinational companies....
Posted On 14 Jul 2015
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Strong pillars of GDP go through a bad time

According to the Central Bank of Ecuador, the economic growth is leveraged in at least 43 sectors. Of those, five hold about 50% of GDP. Representatives of these segments believe that their strength will be lowered this year. The safeguards imposed by the Government in March, are...
Posted On 14 Jul 2015
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First Solar boat was delivered in Galapagos

Authorities of the Ministry of Electricity and Renewable Energy officially delivered the country’s first Solar catamaran called ‘Genesis Solar.’ It is a sustainable alternative of fossil for transportation of passengers traveling from the Baltra to the Santa...
Posted On 14 Jul 2015
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Registration for free Chinese cookers started

Until Monday about 60 people in Guayaquil and Duran and 9 in Quito, who will be the first beneficiaries of the Human Development Bond (BDH) that grants induction cookers with no cost, the same that has been offered by the Government in exchange of gas stoves and gas, enrolled,...
Posted On 14 Jul 2015
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185 public schools have a foreign program

185 public schools and 45 private schools currently grant the International Baccalaureate diploma (BI) in Ecuador, said the Minister of Education Augusto Espinosa, and added that 315 educational institutions are in the process of accreditation, as well as there are 6,500 students...
Posted On 14 Jul 2015
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Pope Francis clarified the phrase he said upon his arrival in Ecuador

“It’s very important in your work (the press) the hermeneutic of a text. A text can not be interpreted with a phrase … It has to be the whole context” Pope Francis told to reporters on his return to Rome, last Sunday, about his tour through Ecuador,...
Posted On 14 Jul 2015
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Bill to limit annuities of Ecuadorian presidents

  The draft amendment to the Law on Public Service that includes limiting the lifetime pensions to former presidents of Ecuador was submitted by the First Vice President of the National Assembly Rosana Alvarado, and backed by eleven Assemblymembers of ALIANZA PAÍS, the same...
Posted On 14 Jul 2015
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