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In recent days, the government decreed the exemption of the income tax payment of 2015, as well as the automatic refund of taxes (drawback) for the export sector. Flowers and tuna have been affected in the past year due to the competitiveness of other markets and the appreciation...

“The major mining projects, I mean Fruta del Norte (and) Mirador will enter into operation (phase) from 2018,” said Javier Cordoba, Minister of Mines, during an interview with the ECTV state channel, on the exploitation of two mining fields with reserves of gold,...

Products in the Ecuadorian market have raised their prices due to the new tariff surcharges, which according to the government, seek to cope with the dollar appreciation and falling oil prices, settling this way the balance of payments. The fiscal deficit of $ 5,369 million in...

Within its budget for this year, the Bank of the Ecuadorian Institute of Social Security (Biess), envisages the investment of $ 750 million in bonds to the public sector, issued by the Ministry of Finance, a figure that would exceed by $ 250 million the investment in 2014. Fausto...

During a hearing at the Ombudsman´s Office, _ potato traders of the Montebello wholesale market _ met with representatives of the Municipality of Guayaquil to request an increase in the number of bushels of such product that is allowed to enter the market, since its scarcity...

President Rafael Correa, called for austerity measures to be taken into the acts conducted by government administration entities for accountability through Executive Order 647, whose Section 1 refers that public participation “shall be made through the publication of annual...

Through Executive Decrees 645 and 646, the government ordered the exemption of payment of income taxes of 2015 to companies in the tuna and floriculture sector. This measure is due to the fall in international prices, the appreciation of the dollar and the devaluation of the...

The president of the Chamber of the Printing Industry of Guayas (cIgG), Nathan Guy, and the president of the Association of Industrial Graphics Pichincha-AIG, Mauricio Miranda, said that the printing industry is against the tariff surcharges applied to 41 of the 49 subheadings...

The Conticorp group and the brothers Luis, Leonidas and Jaime Ortega Trujillo, former owners of Banco Continental, which closed in 1996 before the banking crisis of 1999, shall pay $ 191 million plus interest to the Ecuadorian state for damages caused the by the closure of that...

From March 11 and for 15 months exchange safeguard measures are into force, which levy customs tariffs of 5% to 45% on imported products from 2,961 subheadings, which include clothes, shoes, fruit, meat, in to order to to face the fall in oil prices and the currency devaluation...