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The tithes add complaints in the Office of the Prosecutor

Ecuadornews: The denunciations of a presumed charge in ‘tithes’, trips, floral arrangements and other items of assemblymen to their advisors, do not stop. Four ex-advisers of Moreno Vallejo asked the Prosecutor’s Office to investigate. They did it through their...
Posted On 10 Oct 2018
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The IMF, less optimistic of the country’s economy

Ecuadornews: The projections are not encouraging. Like the World Bank, the International Monetary Fund (IMF) reduced its growth figures for the Ecuadorian economy for 2018 and 2019. According to the World Economic Outlook (WEO) of the IMF, Ecuador’s Gross Domestic Product...
Posted On 10 Oct 2018
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25.7 million cost the country the state Enfarma

Ecuadornews: Enfarma can be compared to a plantation affected by a plague in which large sums of money were invested but never produced fruit. After six years it is in the process of being liquidated for failing to comply with its “aims and objectives”. Covered under...
Posted On 10 Oct 2018
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Celec analyzes whether lightning in Coca Codo Sinclair area caused blackouts

Ecuadornews: The Coca Codo Sinclair Hydroelectric Power Plant dispatches electric power with security restrictions, according to a statement issued by the Ecuadorian Electric Corporation, after the blackouts suffered in several cities in Ecuador between Monday and Tuesday. The...
Posted On 10 Oct 2018
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Logistics, threatened by price control

Ecuadornews: The control of prices that the Government tries to exert in a part of the logistics chain threatens to unleash a bigger problem: the closing of Guayaquil’s container depots. And in the city the ports do not have the capacity to store so many units. Only...
Posted On 10 Oct 2018
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Proposals seek to stop payment to Jorge Glas

Ecuadornews: A new project came to the Assembly to remove the pension to questioned former presidents. Paola Vintimilla (PSC) proposes reforming Article 135 of the Public Service Law so that the former presidents or ex-vice-presidents sentenced for cases of corruption do not have...
Posted On 09 Oct 2018
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Seven entities will control the planting of medicinal cannabis in Ecuador, according to report

Ecuadornews: The issue will have to be defined by the Plenary of the National Assembly. The Health Commission, in charge of preparing the report for the second debate of the Health Code, has already approved the text of Book II of that regulation, which talks about the medicinal...
Posted On 09 Oct 2018
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$ 1,622 million will be invested by the oil companies in the country

Ecuadornews: President Lenin Moreno highlighted investor confidence in the country. The investment is more than $ 1,600 million for the development of fields in Orellana, Napo and Sucumbíos. Six contracts, with a private investment of $ 1,622 million, signed Petroamazonas for the...
Posted On 09 Oct 2018
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More than 83% of the mobile market in Ecuador, in private hands

Ecuadornews: The cellular telephony in Ecuador started in the 90’s. Conecel started its operations in 1993 and in the year 2000 it became part of the Mexican América Móvil. In 2011, it adopted the Claro brand instead of Porta. In 2004, the Spanish group Telefonica bought...
Posted On 09 Oct 2018
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The sale of Chinese cars in the country rises 103%

Ecuadornews: Chinese investment in the automotive industry worldwide has been growing rapidly in recent years, considering that in 2000 China occupied only 1% of global sales of new vehicles, while in 2017 it amounted to 30%. %, selling around 28.9 million new cars, which has...
Posted On 09 Oct 2018
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