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During the first 23 days of January, Ecuador stopped receiving about $ 365.9 million because of the falling in oil prices. The country has exported a crude of $ 40.89 so far this January, as indicated by the National Information System (SIN for its Spanish acronym), which...

The Ministry of Tourism ordered the collection of new contributions for passengers flying out of the country, as well as those who purchase an airline ticket bound for Ecuador. The agreement 20140107 sets at USD 20 the contribution known as Eco Delta, a cost that applies to the...

President Rafael Correa announced on Saturday the creation of the Ministry of Mines who will manage the metallic and non-metallic materials such as lime. Correa made the announcement in his National Address report during which indicated that mining “is such a big...

The National Telecommunications Council (Conatel for its Spanish acronym) expects to meet today to know the details of the negotiations that the Telecommunications Minister Augusto Espín carried out with the representatives of mobile phone companies Conecel (Claro) and Otecel...

The Minister of Labour, Carlos Marx Carrasco, participated yesterday in a conversation with members of the Association of Human Resources of Ecuador (Adghe) in which the content of the draft Law on Labor Justice and Unpaid Household Work was reviewed. At the meeting the bill that...

Francisco Alarcón Alcívar, took office this Wednesday as President of the Chamber of Industries of Guayaquil, where he will serve for two years. Likewise, Catarina Costa was appointed Alternate President for the same period. Alarcón, 44, who is an engineer, has been part of the...

Ivanhoe and Ecuador had terminated a contract for that the Canadian oil company operating in the Amazon, said on Wednesday the Ministry of Non-Renewable Natural Resources, after the Canadian desist from exploitation in August because crude was heavier than expected. Ivanhoe and...

The Director of the National Customs Service of Ecuador, Xavier Cardenas, announced yesterday the decision of the Committee of Foreign Trade (Comex) to exclude 160 subheadings of the safeguards imposed on products from Colombia and Peru. This would be done through a resolution...

The local production of induction cookers was tripled this month, hand in hand with the help of increased sales of home appliances, which also rebounded from earlier this year, according to managers of manufacturer companies Ecasa, Indurama and Mabe. However, the announcement of...

It is expected that tax benefits under the Law on Production Incentives and Tax Fraud Prevention for the large mining sector (15 years of tax stability and tax credit for the Overseas Remittance Tax), contribute so the activity can takeoff, after being paralyzed, said Javier Cruz...