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Ecuadornews: The pension fund, managed by the Bank of IESS (Biess), reached $ 7,298 million in June 2018. The amount of the fund has been falling since December 2015 when it was $ 9,032 million. One of the reasons for this behavior has been the elimination of the contribution of...

Ecuadornews: This morning Luis Hernández, counselor of the Council of Citizen Participation and social control, spoke on Radio Pública FM about the processes for appointing authorities and the fight against corruption carried out by the institution. Luis Hernández pointed out...

Ecuadornews: A team of specialists in various branches of engineering, lawyers and experts in public procurement will submit to a rigorous review and remediation more than 40 contracts that Petroecuador signed for the rehabilitation of the Esmeraldas refinery, for an amount that...

Ecuadornews: Much has been talked about in the last few days of traffic accidents and the number of deaths and injuries that have left them and the drama that many families go through because they do not have the means to pay for funeral expenses or for the healing of their...

Ecuadornews: A study by the IDB reveals that the inoperability in public purchases, services and transfers cost the region $ 220,000 million a year; that would have served to eliminate extreme poverty. The global financial crisis unleashed in 2008 increased the prices of raw...

Ecuadornews: Does a light appear at the end of the tunnel? In recent days, the situation of the so-called emerging countries, such as Argentina and Turkey, seems to improve and this effect is also felt in Ecuador. In recent months, the currency crises in Argentina and Turkey,...

Ecuadornews: Within a period not exceeding 60 days, the Ministry of Aquaculture and Fisheries will be transformed into a Technical Secretariat, which will be under the control of the Ministry of Foreign Trade and Investment. Guilds criticize the government’s measure. Decree...

Ecuadornews: Until September 20, the Ecuadorian Institute of Social Security (IESS) raised $ 11 million for the reduction of interest, fines and surcharges, part of the Productive Development Law in force since August 21. Carlos Vallejo, general director of the IESS, highlighted...

Ecuadornews: Although the arbitration award of August 30 in favor of the oil company Chevron, which obliges the State to pay a compensation not yet determined, put the PRD in a bind, in its Directorate of International Affairs still awaits, in addition, another eight arbitration...

Ecuadornews: The farmers of 23 communities annually in September exhibit the fruits that are part of the province’s gastronomy. They also hold competitions to see who gets the largest species. “What the earth gives us is sacred, therefore the sacred is the...