off

For the third time, the trial of Carlos Pareja is postponed

Ecuadornews:     The third attempt failed. Former Hydrocarbons Minister Carlos Pareja Yannuzzelli, detained in jail 4 of Quito, was to be tried today, at 08:45, for alleged illicit enrichment. The hearing had to take place in the National Court of Justice. Judge Zulema...
Posted On 11 Sep 2017
, By
off

Rice paddy biomass improves soils

Ecuadornews:   Improving the quality and temperature of soils for agricultural production, reducing weeds and optimizing water for irrigation are the objectives of rice waste based soil biomantle (dry stem, 75%) and the banana rachis fiber, (banana stem, 25%), an innovative...
Posted On 11 Sep 2017
, By
off

The Uncle of the Vice President had privileged information of those interested in investing in the country

Ecuadornews:     A private letter sent by the Vea Group to Vice President Jorge Glas Espinel showing interest in participating in the Fruta del Norte mining project was found in the computer of Glas’s uncle, Ricardo Rivera. This documentation is a vital part of...
Posted On 11 Sep 2017
, By
off

Ecuadorian non-oil exports grew

Ecuadornews:     Non-oil exports recorded a FOB growth of 10.5%, going from $ 5,551 million in the first half of 2016 to $ 6,135 million in the same period of 2017. ProEcuador, an agency affiliated with the Ministry of Foreign Trade, reported this referring to Central...
Posted On 11 Sep 2017
, By
off

The IRS will publish the names of tax dodgers

Ecuadornews:     Customs announced that of 20 billion imported physical units, 70% had been undervalued to pay fewer taxes. The director of the Chamber of Commerce of Guayaquil Juan Carlos Díaz-Granados demanded the names of the tax dodgers. He added that stating that...
Posted On 11 Sep 2017
, By
off

Moreno says that Ecuador is ready to help Cuba, after the passage of Irma

Ecuadornews:     Ecuadorian President Lenin Moreno said today that his government is willing to send humanitarian aid to Cuba after the passage of Hurricane Irma, which has left severe coastal flooding. “We are ready to send help to our Cuban brothers; we hope...
Posted On 11 Sep 2017
, By
off

Transparency Front prepares its anti-corruption proposal

Ecuadornews:     The Transparency and Anti-Corruption Front met with about 30 institutional representatives and citizens since its inception (June 5). The nine members of the front currently work on a proposal of actions, which will be presented to President Lenin...
Posted On 11 Sep 2017
, By
off

Ecuador seeks extension of the US General System of Preferences

Ecuadornews:     If Ecuador loses in the US the protection of the General System of Preferences (GSP), the country’s exports will be reduced by $ 269 million between 2018 and 2020. That is the estimate of the Ecuadorian Exporters Federation (Fedexpor). The GSP is...
Posted On 11 Sep 2017
, By
off

Exporters pay up to $ 13 per box of bananas

Ecuadornews:     El Carmen is one of the main banana producing areas for the industry and export. 80% of that crop goes to the United States and Europe. The rest goes to the local market. In these summer months, production is small because of lack of irrigation....
Posted On 11 Sep 2017
, By
off

Referendum would cost between $ 40 and $ 50 million

Ecuadornews:     The referendum that would boost Lenin Moreno’s government could be budgeted at $ 40 million or $ 50 million, according to executive sources. The number of questions that could be asked is still unknown, but the call is being analyzed because...
Posted On 11 Sep 2017
, By
12