“Devaluation passes takes its toll on prices”

The professor at the business school ESPAE, Sara Wong, analyzes the competitiveness of Ecuador in the world, and the impact of labor and tax restrictions on it. She also analyzes what is the best prescription for the country to address the crisis by falling oil prices and the...
Posted On 12 Oct 2015
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The access canal to the port maintains critical areas

  The recent entry of ships over 300 meters long, that need 13 or 14 meters draught to enter loaded to the city, rose again a discussion. A document to which Daily Expreso had access indicates that there sedimented parts. It is the result of bathymetry made in June 2015 in...
Posted On 12 Oct 2015
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Credit restrictions affect car sales

Restrictions applied this year by private banking to consumer loans by the effect of the macroeconomic situation, is one of the adversities that, according to the automotive guild, they face to commercialize cars. 60% of vehicle sales are made through loans. This limitation is...
Posted On 12 Oct 2015
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Diaz-Granados: ” no semicolon has been modified in the draft law on public-private partnerships”

The executive director of the Chamber of Commerce of Guayaquil, Juan Carlos Diaz-Granados, regretted that the report for the first debate in the National Assembly of the draft Law on Incentives for Public-Private Partnerships and Foreign Investment “has not been absolutely...
Posted On 12 Oct 2015
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Communication Act makes the media and journalists to self-censor, according to Guarderas

  Legal expert Santiago Guarderas when commenting on the recent resolution of the Inter American Press Association (IAPA), which condemned the implementation of the Communication Act of Ecuador for restricting freedom of speech and press, said that this exhortation is very...
Posted On 12 Oct 2015
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Alvaro Noboa reiterates his invitation to debate with Rafael Correa

  “You tell when and where and I’ll be there,” said Alvaro Noboa to President Rafael Correa so that he accepts the invitation to debate he made last week. Noboa stressed that the problems in Ecuador warrant it and as a result the only winner will be the...
Posted On 12 Oct 2015
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Higher penalties for publication of surveys before elections

The Litigious Electoral Tribunal (TCE) proposes tightening sanctions to polling firms that do not to exercise their activities attached to the law or that publicize surveys ten days before the elections with fines of up to $ 100,000, imprisonment for up to three years and...
Posted On 12 Oct 2015
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Retirees seek to submit law on the IESS

With the backing of at least 30,000 signatures, the front of IESS Retirees wants to drive in the Assembly a reform to the laws of Social Security and the Bank of the Ecuadorian Institute of Social Security (BIESS).  Through alternate Assemblyman Henry Llanes (CREO), adviser of...
Posted On 12 Oct 2015
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Hemodialysis treatment takes 12 hours a week

  Patients with chronic renal failure must undergo three sessions a week, of four hours each without fail to stay alive. This is the case of Victor Chele, who a year ago was diagnosed with this disease when he started losing weight. “My kidneys are not working. This...
Posted On 12 Oct 2015
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More drug has been seized from micro-traffikers in 2015

According to data from the Interior Ministry, from January to September, the Narcotics Police has taken off the streets 12.52 tons of various illicit substances. The figure is more than twice everything seized in 2014, which was 6.02 tons.   The most seized substance is marijuana...
Posted On 12 Oct 2015
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