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“There is a reduction of investment by home buyers,” said Carlos Repetto, vice president of the Chamber of Construction of Guayaquil to daily Expreso, referring to the series of measures recently taken and announced by the national government. Regarding the market of...

From January to April, the deficit of the trade balance (difference between exports and imports) stood at 1,201 million dollars according to the Central Bank of Ecuador (BCE). Shipments totaled 6,423.37 million dollars in the first four months, while orders that were brought from...

The price of a barrel of Light Sweet Crude (WTI) for July delivery gained $ 1.29, reaching $ 61.43 on the New York Mercantile Exchange (Nymex). Traders celebrated a sharp drop in crude stocks in the United States, although they moderated their enthusiasm for a new increase in...

The country and the world need more people trained in technology and technology needs creativity, which also comes from diversity, including gender. According to records at the University of Guayaquil and the Escuela Superior Politecnica del Litoral (ESPOL), women are still less...

The Government intends to charge a tax of 75% to “extraordinary gains” related to that gain. The capital gain is the increased market value of a property or land. But the draft Reformatory Law to the Code of Organization sent Monday to the Assembly by the Executive...

The Economic Commission for Latin America and the Caribbean of the United Nations (ECLAC) analyzed in 2013 the benefit it foreign direct investment (FDI) bring to the nations where it lands and concluded that it was still a topic of discussion. According to the agency, while FDI...

President Rafael Correa sent yesterday to the Assembly a new project for the Law of Territorial Planning, Land Use and Management, which taxes with a 75% rate “windfall profits” related to capital gains of goods and land, as long as these exceed $ 8,496. According to...

In the tribune of the Shyris (north of Quito), Alianza PAIS supporters arrived at 17:00, waving flags of Ecuador and their party organization. One hour later, another group with placards and shouts rejected the regime. Some 250 policemen went to the Shyris Avenue and Holland...

On Monday morning, guides of the cruise company ,Celebrity Cruise, reported the eruption of the volcano Wolf, located on Isabela island in the Galapagos, reported the  Galapagos National Park (DPNG) ofice. On its Twitter account, the DNPG reported that they will do a fly-over...

32.920 vehicles between imported and assembled in the country, have been sold in the first four months of the year, i.e., 39.4% of the permitted quota for this year for the import of finished cars and parts (CKD) to assemble, reaching 83.438 units. According to figures from the...