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Leonardo Ottati: “Service and retail stimulate electronic commerce”

Ecuadornews:   The director of the Ecuadorian Chamber of Electronic Commerce will be the main host of the ECommerce Day, chapter Ecuador, where several Latin American experts will share the new trends of electronic commerce, a market that, in the country is registering great...
Posted On 31 Jul 2018
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Ecuador will invest $ 96 million in credits for jobs

Ecuadornews:   Ecuador will invest $ 96 million in the four years of the government of President Lenin Moreno in loans for 26,000 projects of young people seeking a new model of employment, said Elías Tenorio, technical secretary of Youth. Tenorio clarified that the...
Posted On 31 Jul 2018
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Fuel subsidies rose 72% in 2018

Ecuadornews:   In one year, the subsidy for fuels (naphtha, diesel and liquefied petroleum gas) went up 72%. While in May of last year some $ 429.4 million had been paid in subsidies, in the same period of 2018 $ 738.9 million have already been paid, according to figures...
Posted On 30 Jul 2018
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The ‘turbulence’ of Flopec

Ecuadornews:   The competitive market is not the only obstacle that public companies face. The inadequate financial management, during the Government of former President Rafael Correa, passes bill to the current administrations. The public company Flota Petrolera Ecuatoriana...
Posted On 30 Jul 2018
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Revenue from fashion does not bother

Ecuadornews:   The sale of clothing is perhaps the one that obtained the best performance within the retail segment. Three of the four most important stores in the city make use of that old saying: fashion does not bother. The exception was Súper Éxito (Super Bahia Subahi)....
Posted On 30 Jul 2018
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A mega-fusion to take the canal to more than 11 meters

Ecuadornews:   The dredging of 90 kilometers of the access channel to the ports of Guayaquil consolidates the maritime sector in Ecuador in a current that is not new worldwide: great alliances. Of the four offers presented Tuesday to the Municipality, there is a very special...
Posted On 26 Jul 2018
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CFN loan placement increased 61% in first half

Ecuadornews:   The National Financial Corporation (CFN Acronym in Spanish) had a significant growth in the first half of 2018 in terms of credit approvals in more than 61% with respect to the first period of 2017. The amount reaches $ 365.62 million with 482 operations;...
Posted On 26 Jul 2018
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The climate will advance mango harvest

Ecuadornews:   Mango Foundation indicated that in the 2017 campaign the country exported 13’685,119 boxes of fruit, 1% more than in 2016. In August, Guayaquil will host the VII International Congress of the sector. Although the annual harvest of the Ecuadorian...
Posted On 26 Jul 2018
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Targeting the subsidy to derivatives generates coincidences

Ecuadornews:   The unions of the automotive sector and workers are participants in an eventual targeting of the subsidies that each year the State allocates to fuels. The Ecuadorian Confederation of Workers’ Unitary Class Organizations (Cedout) pointed out that a focus...
Posted On 25 Jul 2018
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Five big ones are aimed at dredging

Ecuadornews:   The Municipality of Guayaquil yesterday received the interest of five world-class companies to dredge the sea avenue up to 11.5 meters at low tide (2 meters more when it rises). The Municipality, after obtaining the approval of the Government of Lenin Moreno,...
Posted On 25 Jul 2018
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