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According to the Superintendency of Banks, deposits and term deposits amounted to 24,600 million until June: 1,292 million less than six months ago. The slowdown in the economy, which is expected to grow 1.9% this year, according to estimates by the Central Bank of Ecuador (BCE),...

On Tuesday, about 40 national jewelers gathered in a hotel in Guayaquil with spokesmen of the Panama Diamond Exchange (PDE), a private entity composed by manufacturers, exporters, importers and representatives of different jewelry firms. The company was created in April in Panama...

The Guayaquil Chamber of Commerce (CCG for its Spanish acronym) organized the seminar Keys to do business with India, where nearly 300 businessmen from Guayaquil participated, the same that was attended by the Ambassador of India to Ecuador and Colombia Prabhat Kumar. Ecuadorian...

According to the Central Bank of Ecuador, the economic growth is leveraged in at least 43 sectors. Of those, five hold about 50% of GDP. Representatives of these segments believe that their strength will be lowered this year. The safeguards imposed by the Government in March, are...

A study by the consulting firm AMS Andean Ecuador revealed that the 92% of a sample of 83 430 employees decided to accumulate their third and tenth annual bonuses, according to an analysis of market behavior developed and which covered 80 national and multinational companies....

  The tax on foreign exchange outflows (ISD) has experienced a rate growth, It started with 0.5% and is currently at 5% making it the third tax that pays more to the treasury, after the VAT and the income tax, which are those that generate higher revenues, in that order....

  424 companies are registered in the Stock Exchange of Guayaquil, but only 48 quote shares. According to the Superintendency of Companies, Securities and Insurances (SCVS for its Spanish acronym), in January this year, stock exchanges of Guayaquil and Quito negotiated more...

  The National Finance Corporation (CFN for its Spanish acronym) provided $ 31.4 million to the national agroindustry sector between January and April this year. The Interagro company, which for 17 years has dedicated to providing corn and soybean to industries that process...

  The Ministry of Labour and the Coordinating Ministry of Production presented the new conditions of the labor contract for agricultural workers, the same that explain they will be able to receive their wages daily, weekly or monthly, as agreed by the parties.   This...

  Until May 2015 mango sales abroad increased compared to last year, when these increased by 185%.   During a meeting with mango producers, held Wednesday in Guayaquil, it was noted that 82% of exports are directed to the United States.   Bernardo Malo, president...