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The USD 3.51 fee for online shopping is in effect

Ecuadornews:     The USD 3.51 fee for packages purchased in virtual stores, which are remitted through Ecuador Post Office, runs from October 1, 2017. This amount is charged on shipments of up to 2,000 grams of weight from online stores. Documents, letters or packages...
Posted On 03 Oct 2017
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CB says that Ministry of Finance owes a debt of $ 3.6 billion

Ecuadornews:     The Ministry of Finance´s debt to the Central Bank of Ecuador is about $ 3.6 billion. “These $ 3.6 billion now have medium and long-term bonds,” said Director of the CB Veronica Artola. A debt of about $ 2.2 billion was paid through shares...
Posted On 03 Oct 2017
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Lemon imports increased by 321%

Ecuadornews:       The price of lemons remains high in the markets, due to a shortage by the little harvest Ecuador had this year. Six units of the local variety cost USD 1; the same value is requested for 8 or 10 units of the Colombian variety, imported since...
Posted On 03 Oct 2017
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“Government and miners must seek balance.”

Ecuadornews:     The mining industry in Ecuador is incipient, says Chilean expert on mining issues Gustavo Lagos. He says it because now Ecuador is opening up to the world and seeks to attract important investments that empower the mining industry. In his view, one of...
Posted On 03 Oct 2017
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Liquor importers reject SRI seizure

Ecuadornews:     Licor importers are looking for President Lenin Moreno to extend the deadline for all liquors sold in the country to have the Simar seal (Marking and Tracing System) until December 31. This was announced yesterday by the president of the Pre-association...
Posted On 03 Oct 2017
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Ecuador to ratify environmental agreement

Ecuadornews:     Minister of Industry Eva Garcia reported yesterday, October 2, 2017, that Ecuador is ready to ratify the Montreal Agreement. This document implements mechanisms to protect the ozone layer and the environment. The announcement was made during the...
Posted On 03 Oct 2017
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Ecuador’s shrimp, a sustainable model

Ecuadornews:     As local investors seek to increase shrimp farming per square meter, in line with the Asian intensive model, aquaculturists from Mexico and Central America came to know more about the ‘successful model’ of Ecuador. Big world producers,...
Posted On 03 Oct 2017
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Jorge Glas is part of the list of presidents and vice presidents investigated by the Odebrecht case in Latin America

Ecuadornews:     Judicial investigations in Latin America carried by the Odebrecht case have splashed some presidents and vice presidents. In Ecuador, the Prosecutor’s Office has already requested the arrest of Vice President Jorge Glas. A new investigation...
Posted On 03 Oct 2017
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Banana workers expose their problems

Ecuadornews:     The right to freedom of association, better working conditions, and fewer pesticides use were the main points discussed yesterday at the First International Meeting of Banana Workers in the House of Culture in Guayaquil. The event, organized by the...
Posted On 03 Oct 2017
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A bad third quarter for investment

Ecuadornews:     A sharp drop. The government stepped on the brakes on investment in public works. In the third quarter of this year, between July and September, the Treasury allocated $ 1,326 million to capital and investment spending, which has to do with public works...
Posted On 03 Oct 2017
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