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Electronic money would pass to private banks in six months

Ecuadornews:     Electronic money could pass into private banks hands in six months, according to Finance Minister Carlos de la Torre, who explained at an auditorium of the Catholic University that one of the goals of President Lenin Moreno in the economic area will be...
Posted On 14 Jul 2017
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The condition imposed to Uber and Cabify is that they work with formal taxis in Guayaquil

Ecuadornews:     Any technological platform that provides taxi services must operate with official units is the condition of the Municipal Transit Authority (ATM). Cabify has worked in the country for a year but with not legalized cars. Manager of the company in...
Posted On 14 Jul 2017
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Vaccination in the borders to prevent the spread of foot-and-mouth disease

Ecuadornews:     The Agro Quality Control Agency (Agrocalidad) reported that foot-and-mouth disease has not crossed the Ecuadorian border, nevertheless, precautions will be taken: cattle will be vaccinated in several provinces. Faced with the outbreak of foot-and-mouth...
Posted On 14 Jul 2017
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The sale of lower octane fuel will be approved for 2018

Ecuadornews:     The sale of low octane gas was extended in the country until the end of 2018. The state company Petroecuador was authorized again to commercialize extra and super fuels of up to two octanes less than the INEN standard. The Hydrocarbons Regulatory and...
Posted On 14 Jul 2017
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Internships will be recognized as work experience

Ecuadornews:     The announced labor revitalization begins to take shape with recent ministerial agreements. One of them unifies all the regulations on the system of internships and establishes that the pre-professional practices carried out by university students will...
Posted On 14 Jul 2017
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Fiscal devaluation has uncomfortable edges that already annoys

Ecuadornews:     The objective of reducing the employer’s contributions to the social security is to minimize the burden of the exporting companies so that sales abroad are more competitive. If the structure of costs in the export chain falls, so will the prices...
Posted On 14 Jul 2017
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A contribution of 10 cents per cup for coffee growers

Ecuadornews:     Coffee for Change is an emerging company seeking to demonstrate that a sustainable model for the coffee business is possible. The initiative proposes to implement a “value-sharing” formula that collects 10 cents per cup of this beverage to...
Posted On 14 Jul 2017
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Ecuador halts the construction of the wall and seeks agreement

Ecuadornews:     The government has halted the construction of a wall on the northern bank of the Zarumilla canal on the border with Peru, Ecuadorian Foreign Minister María Fernanda Espinosa said yesterday.   The minister, who participated yesterday in Lima at the...
Posted On 14 Jul 2017
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Expectation after meeting of President Lenin Moreno with media representatives

Ecuadornews:     The legislators of the Alianza PAIS (AP) Party want to know the degree of co-responsibility to be assumed by the local media, whose delegates met with President Lenin Moreno.   Legislator Doris Soliz admitted that during the government of Rafael Correa...
Posted On 14 Jul 2017
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Correa accuses Moreno of “shameful appeasement” before Peru

Ecuadornews:     Former President Rafael Correa has accused his successor Lenin Moreno of “embarrassing appeasement” before Peru, after having suspended the unilateral construction of a wall on the border between both countries. Moreno made such a decision...
Posted On 14 Jul 2017
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