Coffee and Cocoa Summit generated contracts for $ 21.18 million

  The Third World Cocoa Summit ended with sales of $ 21.18 million for local companies, contrary to 2014, that left $ 14.5 million. With a 46.07% more in sales closings compared to the 2014 edition, the business conference Aromas del Ecuador ended yesterday, which was...
Posted On 03 Sep 2015
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Private investment sees government spending far away

According to data from the Superintendency of Companies (until September), private corporate investment rose from 577.5 million dollars in 2007 to 1,188 million in 2014. That is, a $ 611 million increase in seven years. The figure includes the capital increases and the...
Posted On 03 Sep 2015
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Oil prices complicate the quadrennial calculation of Ecuador

According to the four-year budget, which is submitted each year to the Assembly, and that estimates results until 2018, oil revenues will reach their peak in 2017 and that year.   The fruits of the exploitation in the Yasuni park will double the amount generated. By 2016,...
Posted On 02 Sep 2015
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40% more was retained in the Ecuador-Colombia border in 7 months

According to the National Customs Service of Ecuador (Senae), between January and July 2015, members of the entity seized merchandise totaling $ 22.17 million on the northern border. This represents 40% more than the similar period of 2014. Textiles, cell phones, perishable...
Posted On 02 Sep 2015
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Cocoa summit foresees slight rise despite pests

It is expected that the closure of the third World Cocoa Summit generates contracts for $ 15 million in coffee and cocoa, $ 500,000 more than what was achieved in 2014 when it sold $ 14.5 million, Pro Ecuador said in a statement. In total, the country exported 240,000 tons of...
Posted On 02 Sep 2015
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Guayaquil, venue of customs agents encounter

The first International Meeting of Customs Agents took place yesterday in Guayaquil, where about 300 customs agents from Mexico, Uruguay, Colombia, Argentina and other Latin American countries participated.   In the event the diverse experiences of the agents in their...
Posted On 01 Sep 2015
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Third World Cocoa Summit was inaugurated in Guayaquil

  On Monday the Third World Cocoa Summit was inaugurated with the presence of 90 exhibitors, 16 of them multinational companies. Officials from the National Government and the private sector attended the event, including Ivan Ontaneda, president of the National Cocoa...
Posted On 01 Sep 2015
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Cocoa producers request tax benefits and deadlines to pay

Exemption from the advance income tax (IR) payment and extra terms to pay loans obtained for their activity are the requests Adriana Lucas, executive director of the National Association of Cocoa Exporters of Ecuador, makes to the Government.   At the opening of the Third...
Posted On 01 Sep 2015
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Oil price will reach $ 23.49, according to Petroamazonas

  The State oil Petroamazonas assured that the total cost of production of its oil, projected on average for the entire 2015 will reach $ 23.49 per barrel, a value that it considered competitive and sustainable. This value includes operating costs and investment,...
Posted On 01 Sep 2015
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The low production of palm, affects producers

Dumping, unnecessary imports and low prices are the causes of the deterioration of the national production of palm, growers of Quevedo (Los Ríos) and El Empalme (Guayas) agree on that, these two were areas of great expansion in the golden age of palm. “Big extractive...
Posted On 31 Aug 2015
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