Effects on sowing and livestock, due to drought in the Galapagos Islands

The effects on the agricultural sector due to the lack of rain for nine months would have motivated the declaration of emergency for this area in the Galapagos Islands. The action was carried out by the Emergency Operations Committee of the island after technical reports. The...
Posted On 09 Nov 2016
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Ecuador will export for the first time vessels to the Panamanian market

The country’s largest shipyard, Astinave, is preparing to export three maritime vessels to Panama. It is the first sale of this type that Ecuador would target during its commercial career. After an international bidding process, in which the shipbuilding company had to...
Posted On 09 Nov 2016
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The agreement with the European Union excludes 91 sensitive agricultural products

Ecuador was able to exclude from the list of subheadings 91 agricultural commodities of European origin considered as sensitive. The main products of the list include cane molasses, fructose syrup, panela, frozen meats, hard corn, poultry eggs, beef, fresh cheese. Other products...
Posted On 09 Nov 2016
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Ecuador, 10th in a regional connectivity ranking

The high growth of the Internet places the country in the number 10 of connectivity in a ranking of 17 countries in the region. Although the penetration figure is average, its annual growth rate is in the top five. The report was published by the Economic Commission for Latin...
Posted On 09 Nov 2016
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In Guayaquil and Quito, the US elections were followed through the screens

The Consulate General of the United States, in Guayaquil, organized an event for students of five universities Tuesday, to publicize details of the electoral processes of the North American country. Consul Patricia Fietz indicated that there were also students from the...
Posted On 09 Nov 2016
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The Chamber of Industries and Production calculates 6.8 points more in taxes

The tax burden in Ecuador has risen from 15.9% to 22.7% between 2006 and 2015, according to a study by the Chamber of Industries and Production (CIP). The calculation was done taking into account, in addition to the payment of taxes, the cost of tariffs, taxes to local...
Posted On 09 Nov 2016
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Attorney General Galo Chiriboga shall explain Jorge Glas´ link with the Panama Papers

Galo Chiriboga shall respond during his appearance before the Audit Commission of the Assembly on what were the elements for his pronouncement concerning there is no link between the vice president and candidate, Jorge Glas, with the Panama Papers, and shall reveal the requests...
Posted On 09 Nov 2016
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Tax analysis: ‘In the country, we work 82 days a year for the State.’

The tax burden represented 22.7% of the Gross Domestic Product (GDP) in 2015, according to a study by the Chamber of Industries and Production (CIP). In 2006 it was 15.9%. If the collection figures are only collected from the Internal Revenue Service (SRI), the GDP percentage...
Posted On 09 Nov 2016
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