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Deposits of the Ecuadorian bank have fallen so far this year

The deposits of private banks, finance and mutual companies, cooperatives, credit cards and the National Development Bank dropped by 4.7% between January and June this year. This is shown by the account of Monetary Liabilities of other Deposits Companies of the Central Bank,...
Posted On 24 Jul 2015
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Support to the popular and solidarity economy is defined with an agreement

PROECUADOR, assigned to the Ministry of Foreign Trade, yesterday concluded an agreement with the Institute of Popular and Solidarity Economy (IEPS), also assigned to the Ministry of Economic Inclusion, to give technical assistance and information on export processes to that...
Posted On 24 Jul 2015
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Hotel offer will grow in Guayaquil

Guayaquil currently has about 2,200 hotel rooms and it is estimated that within a year and a half the offer will reach 4,500 rooms, according to the Provincial Federation of Chambers of Tourism (FENACAPTUR). According to the latest economic census of the INEC, only in the...
Posted On 24 Jul 2015
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Changes in requirements for US visas

Ecuadorians who request, from this month, the non-immigrant visa / tourism visa to the US, will not be required to go to the interview and the taking of fingerprints just in three cases. This was announced by the US Consul General in Guayaquil, Patricia Fietz. At a press...
Posted On 24 Jul 2015
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Coffee Exporters will be exempted from paying the income tax

  This year companies dedicated exclusively to the processing and exporting instant coffee will benefit from the exemption of 100% of the income tax corresponding to the fiscal period 2015.   This measure was approved by presidential decree and proposed by the President...
Posted On 24 Jul 2015
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Mayor of Guayaquil spoke about the foundation festivities and political issues

Jaime Nebot, mayor of Mayor of Guayaquil, in an interview with Ecuavisa said that the best way to celebrate the city in its foundation festivities is through works, and he is committed to continue working and carrying out projects that contribute to the development of the city....
Posted On 24 Jul 2015
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Seeds of Canada, a solution to reduce barley imports

It is planned to import seeds from Canada to increase the production of malting barley and raw materials for brewing, and thus lower the import of this product. Since March, barley is on the list of imported products on which tariff surcharges of 5% to 45% were applied. The...
Posted On 24 Jul 2015
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Companies Act would be reformed

A more complete reform of the Companies Act is under study and legislators are working on that, said the national companies intendant, Victor Anchundia. The new reform would seek to privilege the information and transparency of the controlled companies, “as long as there is...
Posted On 24 Jul 2015
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A resolution to regulate the broadcast of videos in debates has been approved

Yesterday, the National Assembly adopted the draft resolution that regulates the dissemination of videos, documents and speeches of assembly members during debates in the plenary. The motion was introduced by Assemblywoman Maria Jose Carrion, of Alianza Pais, who questioned the...
Posted On 24 Jul 2015
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