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Ecuador plans to raise its crude oil production from 548,000 to about 590,000 barrels per day (bpd) next year and increase state investment in the oil sector, following its decision to abandon OPEC due to fiscal problems, Energy Minister Carlos said Thursday Perez The small oil...

The fixed-term contract, which is part of the labor reform, has similar characteristics to the fixed-term contract that ceased to exist in 2016. It will last for up to 12 months and if the employer decides to renew it, it will become an indefinite contract, said Labor Minister...

Leaders of the transportation sector were arrested this Friday, October 4. Jorge Calderón, president of the Taxi Federation, Messías Vicuña, Secretary of the Professional Drivers Association of Azuay; and, Manolo Solís, president of the Cuenca Chamber of Transportation were...

President Lenin Moreno informed from Guayaquil, on the night of this Thursday, October 3, that the outbreaks of violence caused by the stoppage of carriers have been controlled almost entirely. The Head of State thanked the work of the Armed Forces and the National Police to...

The Mobile Wallet (BIMO) begins operations with 13 banks, 15 cooperatives and a mutualist, as of Thursday, October 3, 2019. The service is aimed at making low value payments such as taxi races, shopping in a store or consumption at a gas station or restaurant. In general manager...

Through an official statement, the General Secretariat of Communication of the Presidency (Secom) announced that classes on Thursday, October 3 are suspended throughout the national territory. The decision is taken before the stoppages announced by transport unions, who reject...

The Plaza Grande, in the Historic Center of Quito, is surrounded by personnel from the National Police and the Armed Forces. A march led by university students advances along Guayaquil Street. From 10:00 on this Thursday, October 3, 2019, the ministers that make up the...