Category

Ecuadornews: Three years after the prosecution directed by Galo Chiriboga filed the complaint for alleged overpricing in the Manduriacu hydroelectric project, made by the National Anticorruption Commission, the case is reopened with the impulse issued by Attorney General Maribel...

Ecuadornews: Since the fuel price hike was announced, the debate has focused on how the government compensates taxi drivers and transporters who threaten street protests, but nothing has been said about the mechanism that Petroecuador is using to fix the cost of the super and the...

Ecuadornews: Just when the 2019 began, on January 4, the CEO of the Bank of Guayaquil, Angelo Caputi, tweeted important news for its customers: “From today the @BancoGuayaquil App works without the need of megas in the operators Claro and Movistar, so that all our clients...

Ecuadornews: “Shameful and scandalous” conclusions showed the analysis of five emblematic projects of the oil sector, submitted to an international audit. President Lenin Moreno revealed on Thursday, on national television, those results issued by international...

Ecuadornews: The Ecuadorian Normalization Service (INEN for its acronym in Spanish) reported that 252 tariff subheadings were removed from the control of the Ecuadorian Single Window (VUE for its acronym in Spanish). The action responds to the repeal of Resolution 116 of the...

Ecuadornews: No sector grew as much as the shrimp fisherman during the third quarter of the year that ended. The next one had an increase in its GDP (Gross Domestic Product) of less than half. This growth based on basic principles of successful business (research, investment,...

Ecuadornews: The Central Bank has just given a figure that may be relevant: the Ecuadorian economy grew 1.4% in the third quarter of the year that ended. But it is not so encouraging in current conditions, with high fiscal deficit and increasingly high production costs. The rise...

Ecuadornews: Finance adjusted the amount estimated for the subsidies contemplated in Pro forma 2019, approved last November in the Assembly. The document reflects a reduction of USD 2 431 million in relation to the amount budgeted for this item in the initial Pro, presented in...

Ecuadornews: The trade agreement with the European Union (EU) starts on Tuesday, January 1, 2019, its third year of validity. The treaty contemplates a new process of reduction of tariffs for several imported products of massive and industrial consumption. Vehicles, sunglasses,...

Ecuadornews: Cities like Quito and Guayaquil awoke this Thursday, December 27, with the surprise of an increase in the price of super gasoline in some service stations. Its decision responds to the latest economic measures applied by the National Government that have been in...