Market concentration will be charged

  The agency for Regulation and Control of Telecommunications (ARCOTEL for its Spanish acronym) published the draft regulations for the implementation of the market concentration tax to promote competition.”   An extract of the document says that private service...
Posted On 10 Jul 2015
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Foreign trade accounts are treading on negative grounds

  According to the Central Bank of Ecuador, exports from January to May reached $ 8,190 million, contrary to the $ 11.123 million sold in the same period last year.   Employers are concerned because sales of non-oil products have declined. Coffee producers are exporting...
Posted On 10 Jul 2015
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Chinese kitchens would cost between $ 200 and $ 300

  The upcoming sale of imported Chinese cuisines in the Ecuadorian market concerns domestic manufacturers of induction cookers. The Appliances Association of Ecuador (ALBE) ruled on the matter since the government said it would donate them to the beneficiaries of the Human...
Posted On 09 Jul 2015
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A census to avoid crisis in the poultry industry

  According to Stalin Villacres, president of the Poultry Farmers Association of Quevedo, a census is important to know how many farmers are producing, which “will make the difference between successfully running a business or fail.” From the results will depend...
Posted On 09 Jul 2015
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China, Colombia and the US, the major partners

  Good part of Ecuadorian products are demanded by three partners: China, Colombia and the United States. From January to April this year, the country’s importers spent 8.035 million dollars (including the costs of insurance and freight) for all goods brought from...
Posted On 08 Jul 2015
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eCommerce winners

Lan, Comandato, Cinemark, Movistar, Bolivariano Bank, Pacificard, Cuponaso (best SME), Jolie (clothing and fashion), and Grupo Centrico were the winners of the eCommerce Awards presented on Friday, July 3 in Quito, within the framework of the eCommerce Day. The Latin American...
Posted On 07 Jul 2015
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Ecuadorian government will pay contractors with securities to settle its debts

The construction industry asked the government to create a payment mechanism so that the debts the State has with contractors are recognized and that serves as a payment to the Internal Revenue Service.   The request was heard and welcomed under the protection of the...
Posted On 07 Jul 2015
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The e-Commerce Day took place in Quito

The e-Commerce Day was held in Quito for the first time last Thursday, July 2nd, in which the latest trends in electronic commerce were unveiled. This is the fifth time this event is held in Ecuador. Marcos Pueyrredon, president of the Latin American Institute of Electronic...
Posted On 04 Jul 2015
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Imported cattle will soon be delivered to breeders

In an interview with Express newspaper, Margoth Hernandez, secretary of Livestock, of the Ministry of Agriculture, Livestock and Fisheries, talks about the process for the sale of imported cattle from Paraguay. Hernandez says that 1,200 livestock producers are interested in...
Posted On 03 Jul 2015
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Large economic groups sold $ 48,400 million in 2014

In 2014 the 125 main economic groups in Ecuador increased their revenue by 6.81% reaching 48,400 million dollars, according to the ranking of business conglomerates published by the Internal Revenue Service (SRI for its Spanish acronym). The list is headed by Banco Pichincha,...
Posted On 02 Jul 2015
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