Category

Ecuadornews:   Overwhelmed by the high costs of services and Colombian and Brazilian competition, the most important company – of the two that exist in the country – decided to hang up the gloves while waiting for the storm to improve. The ElCafé factory...

Ecuadornews:   The medical care provided by the Ecuadorian Social Security Institute (IESS) to retirees, housewives, people with disabilities and catastrophic illnesses are expenses that must legally be covered by the State. But the State has not canceled these attentions...

Ecuadornews:   By means of an executive decree, President Lenin Moreno reformed the rules of application of the Hydrocarbons Law to give way to the signing of contracts for oil exploration and exploitation through the participation modality, indicated the Ministry of...

Ecuadornews:   The change of the educational model that governed the country during the last decade is changing little by little. The decision has been taken from several sides by the government authorities, that is, from basic general education to higher education. As a...

Ecuadornews:   A little more than six months have passed since it was determined that the electronic money project of the Central Bank of Ecuador ends and passes into the hands of private banks. Since then, the banking sector has sought to develop its proposal to offer it to...

Ecuadornews:   As in several works of the previous Government, the hiring of 200 Millennium Provisional Educational Units was tied to a credit of 170 million dollars with the Bank of China. One of the requirements of that agreement was the hiring of the company China Railway...

Ecuadornews:   In June 2019 the first ship is scheduled to arrive at the new deepwater port of Posorja, Guayaquil. A month earlier, in May of that same year, the new sectional authorities of the country must take office, including the mayor of Playas, the cantonal capital...

Ecuadornews:   Not only is it the largest public company in the country. Petroecuador is also one of the largest lenders in the State. In addition to providing immediate credits to the Government, the oil company ‘borrows’ from entities for the sale of fuels,...

Ecuadornews:   For the participants of 69 complementary pension funds whose administration was assumed by the State in 2014, it was a “seizure“. Now they denounce that there is a “corrupt management”, although the authorities defend the results. The...

Ecuadornews:   The decrease in public investment and current spending are the main causes. In 8 days the deadline for the President to veto the economic law expires. “The economy seems to be getting cold,” said Anna Ivanova, who led the mission of the...