Demand for complementary works to face El Niño phenomenon

Agricultural producer Roboam Gavilanez in an interview with Ecuavisa, referred to the presence of El Niño, and highlighted the infrastructure works built by the regime, but “additional works are needed, as there are roads completely destroyed in the Guayas province.”...
Posted On 17 Aug 2019
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Fisheries businessman Bruno Leone comments on economic situation

In an interview with Ecuavisa, the vice president of the National Chamber of Fisheries, Bruno Leone, claimed public long-term policies in midst of a climate of confidence so investments flow. “Now, it is said we have a hard currency that makes it hard to cope with the...
Posted On 17 Aug 2019
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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 17 Aug 2019
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Correa justified the application of safeguards

President Rafael Correa justified during his weekly address the implementation of multilateral safeguards and noted that those measures that should Ecuador seeks to apply would respond to “external shocks”. “The economic measures taken are not because the...
Posted On 17 Aug 2019
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Real estate sector expect impact on construction jobs

After the resolutions imposed by the Superintendency of Companies last December, where Real estate activities are regulated, the construction sector continues in uncertainty about the new regulations. One point of concern to developers and builders is the prohibition of receiving...
Posted On 17 Aug 2019
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April Inflation in Ecuador was 0.18%

Ecuador ended April with inflation at 0.18%, down from 0.44% in March, said Tuesday the National Institute of Statistics and Census (INEC). Annual inflation stood at 3.03% while the cumulative stood at 1.31%, according to the INEC. Inflation in April, said the Institute,...
Posted On 17 Aug 2019
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IMAX opens new room name and advanced 3D

The IMAX Theater took, last Friday, the world premiere of the powerful Oz, to make known the name used hereafter: CinemaMalecón. Along with this new name also appears ChristieD4K projector, which adds to the 2D 15/70mm Imax has been maintained since the opening of the theater, in...
Posted On 17 Aug 2019
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MPD Facilities were Closed in Quito due to Tax Breach

The Internal Revenue Service (IRS) closed this afternoon Friday the facilities of the Popular Democratic Movement Party (MPD) in Quito, for a period of seven days. Its leader, Luis Villacis, described the measure as part of political persecution. “We are victims of...
Posted On 17 Aug 2019
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The Basic Salary Increases 10%

Is already defined the basic salary for 2011, which increased a 10% for workers of the public and private sector. The wage increase will be of $264 and shall be effective from January 1. The government executed the raise by the Labor Ministry because the National Wages Council...
Posted On 17 Aug 2019
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Ecuador’s Dairy Industry requests to lift the ban of Whey Sales (August – 2019)

The period of prohibition for milk whey, which is obtained during cheese production, will end on August 25 in Ecuador. But these 6 months of recess, served to regulate this sector which, for the most part, is questioned for subtracting land from the commercialization of milk...
Posted On 08 Aug 2019
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