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The rate of $ 42 for Courier shipments of up to four kilos or 400 US dollars has significantly lowered the transactions. According to the Central Bank , imports by express mail and postal traffic increased from 53, 4 million in the first quarter of 2014 to 27.5 million in the...

According to statistics from the Central Bank of Ecuador (BCE), the United States is still the primary customer of Ecuador. And it bought, in the first quarter of 2015, 43% of the export basket of the country. The US bought 2.203 million dollars in the first three months of the...

The Ministry industries and Productivity (MIPRO) will conduct a review to tariff safeguards, announced yesterday Eduardo Egas, head of this state portfolio. Egas said there may be a gradual dismantling process, not abrupt of surcharges, and he also mentioned that this measure is...

In Cojimíes, Manabi, twenty four artisanal fishermen harvested the first shrimps in captivity, in front of the Jupiter island, the National Fisheries Institute (INP) reported. INP director Edwin Moncayo said that 10 000 juvenile shrimp of 3.5 crop grams were sown in March,...

89 000 farmers have benefited from the Reactivation Project of Coffee and Fine or Flavor National Cocoa, which aims that Ecuador regains its title of fifth largest producer of arabica coffee. Manabi coffee growers have received Arabica coffee seeds imported from Brazil, provided...

The Nabon county, in the Azuay province, receives 6.8% of remittances, according to the Central Bank of Ecuador. The money entering is invested in properties, either to live or commercial premises to generate revenues. Magaly Quezada, mayor of Nabon, says that the houses in the...

National or assembled goods in the country are beginning to displace the imported in certain market segments, such as appliances and textiles, due to the entry into force of safeguards to merchandise purchased abroad, thus, some businesses have chosen to import less and supply...

BanEcuador will replace the National Development Bank (BNF) and it will be based in Quevedo, according to the Executive Decree 677, issued last Wednesday by President Rafael Correa. On Saturday, Correa anticipated that the new institution will be ready in October. Though the...

The Spanish industry Pellet Inversiones y Proyectos will open a plant in the Cotopaxi province and will also inject capital to the Ecuadorian firm Aglomerados Cotopaxi, dedicated to the commercialization of wood. The sawdust that is burned or thrown into the field will be used to...

The public bank BanEcuador, will replace the National Development Bank, and its headquarters in will be located in Quevedo. After 180 days it will serve the micro, small and medium enterprises and associative enterprises of agriculture, trade and services sectors, according to...