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Authorities carried out labor inspections of businesses in Quito

Ecuadornews: The Minister of Labor, Raúl Ledesma, along with Manolo Rodas, chairman of the board of directors of the Ecuadorian Institute of Social Security (IESS), participated in a control operation of private establishments in the north of Quito. The authorities visited three...
Posted On 19 Sep 2018
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The exporting power decays

Ecuadornews: The problem now is not just internal. Non-oil exports seem to have been infected by the situation of illiquidity and deflation that has left the economy numb. The growth rate of private sector sales to the world is more than three times lower than the first seven...
Posted On 18 Sep 2018
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Tamar Verduga lawyers say that Telconet received USD 16.1 million from the offshore company Glory

Ecuadornews: A CD with 17,000 sheets of financial information. That is the documentation that the lawyers of Tamar Verduga, ex-wife of the businessman Tomislav Topic, delivered to the Office of the Money Laundering Prosecutor, in Quito, on the morning of this Monday, September...
Posted On 18 Sep 2018
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National Assembly seeks ways to cleanse of ‘tithes’

Ecuadornews: The National Assembly seeks to shake off the scandal over the reported charge of ‘tithes’ to servers that would involve several assembly members. It will be considered in the Plenary to go to an internal depuration. If this were to happen, it would be the...
Posted On 18 Sep 2018
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A mission will go to China in December 2018 for improvements in credits

Ecuadornews: China is the country’s main creditor. According to the Ministry of Finance, Ecuador’s commitments with banks and the Chinese Government amounted to USD 7 159 million up to July, which represents 20.7% of public external debt. The Government recognizes...
Posted On 18 Sep 2018
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Councilor of the EU: “The idea is to diversify and improve export quality”

Ecuadornews: The European Union will exhibit its commercial offer at a fair that will attract more than 20,000 attendees in Quito. From October 10 to 13, the Europa 360 Expo will be held in Quito, a trade fair organized by the Eurochambers, the European Union (EU) and its member...
Posted On 18 Sep 2018
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The Executive leased 482 properties

Ecuadornews: Even home savings count but are not yet evident. The Executive limited little by little the leases of goods in the public sector by mandate of the President of the Republic, Lenin Moreno. The authorities in charge of the control increased the requirements to allow...
Posted On 17 Sep 2018
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Making garments with sheep wool is being done in Ecuador

Ecuadornews: The making of garments by hand and pure sheepskin is increasingly difficult. And what was a prosperous activity is now in decline. And it is that this area also came the competition of Chinese industrialization, with differences in quality and prices. The...
Posted On 17 Sep 2018
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César Montúfar: ‘There is a strategy for other cases to go unpunished’

Ecuadornews: César Montúfar affirms that his denunciation of organized crime related to the Odebrecht case will reveal that in the country the Citizen Revolution built a scheme of state corruption in ten years and with Rafael Correa in the presidency of Ecuador corruption became...
Posted On 17 Sep 2018
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Ecuador swept the World Travel Awards with 25 awards

Ecuadornews: Galápagos also gained international recognition as the Leading Beach Destination of South America. The awards ceremony was held on Saturday at the Palacio de Cristal. On Saturday, the Palacio de Cristal became the venue for the twenty-fifth edition of the World...
Posted On 17 Sep 2018
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