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  Guillermo Iñigue, longshoreman, says that last year in the worst day he earned $ 12, and now he only earns two dollars, but every two days. The example portrays what happens in this sector. In a tour through the stores of Tulcán, Carchi province, some Colombians can be...

The devaluation of the Colombian peso attracts Ecuadorians to buy in the neighboring country. Especially in Ipiales, located on the border with Ecuador. During the last holiday in Ecuador, petty trade, restaurants, hotels and taxis in Ipiales reported sales of 1,300 million...

  Finance Minister Fausto Herrera announced a second cut in the state budget of 2015: $ 800 million. Last January the first cut was $ 1,420 million, which according to public finances add up 2.2% of gross domestic product (GDP). Through a statement, the Secretary of State...

In an interview with El Expreso daily, Daniel Legarda, executive vice president of the Ecuadorian Federation of Exporters (FEDEXPOR), urged as quickly as possible that the authorities review surcharges measure that 20% of imports pay, as this also affects competitiveness in...

Long-term contracts with buyers from the United States and the European Union for the sale of bananas helped Ecuador in the first half of 2015 so exports of this product get a growth of 13.1% compared to the same period of 2014. “With these markets agreements for one and...

At the end of the month, the Ganges vessel, of the French company CMA-CGM, will dock in the port of Guayaquil. The vessel is 48.8 meters wide and 300 meters high and the capacity to transport 9,962 containers. Its maximum depth is 14.5 meters, so it will dock in Guayaquil with...

Ecuadorians living in Spain will be able to send remittances to the country, once a month for free, using the services of Banco del Pacifico, reported in a statement the National Finance Corporation (CFN), which owns the majority of shares of that institution. The operator Small...

Between May and June this year Ecuador’s foreign debt decreased by 0.27%. The balance to July was $ 19,903.5 million, while in May was $ 19,958.5 million, according to reports from the Ministry of Finance. On June 17, the portfolio of state announced that 500 million were...

A new infestation of worms that sucks the grains of the newly formed ears affects the rice zone of the San Vicente enclosure, located in the influence area of the Babahoyo irrigation system, on the way to Montalvo. This area has experienced several problems, from snail plagues to...

According to Intrafish, a specialized portal, the biggest challenges for shrimp producers in the country are: disease management, growth of sustainable production and competitive market. “The Ecuadorian shrimp demand is slowly recovering, again, with the strengthening of...