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Commercial, industrial, agricultural, political and diplomatic cooperation will be the five points that Venezuela and Brazil, business partners, plan to deepen and boost this year, said the Venezuelan President Nicolas Maduro after a meeting with the Brazilian President, Dilma...

In 2014, The National Financial Corporation exceeded the $ 4,190 million in loans for the productive development of the country, the entity said. Throughout 2014, the placement of this development banks were located in $ 672 million, superior to previous years. María Soledad...

The local industry announced it would be able to meet the demand of 500,000 induction cookers the Government will require for the beneficiaries of the Human Development bond, said Diego Malo, Director of Fibroacero, company that along with Induglob and Mabe are part of the...

Crude starts this January 1 a new day with an annual loss approaching 50%, after that WTI (West Texas Intermediate) closed the last day of the year at $ 53.27 and Brent at $ 56.82. The price recorded on Wednesday, December 31 by the WTI, in reference to the Ecuadorian crude, is...

Concession contracts to povide the spectrum for the deployment of the 4G LTE network were not signed last year with Movistar and Claro, as the Ecuadorian government had planned. Augusto Espín, Minister of Telecommunications, said that negotiations continue “advancing and...

The WTI Crude, reference to  the Ecuadorian crude, closed at a price of $ 54.12 in December 30 of 2014, said the international news agency Efe. The figure shows a recovery from the losses that had been accumulating in recent months. The numbers reflect an increase of 0.95%....

Yesterday, the decision to extend the benefits of tariff preferences to Ecuador for two years was published in the Official Journal of the European Union (EU). Today expires the General System of Plus Preferences for Ecuador, through which around 1000 products can enter the...

Ecuador raised taxes to discourage the consumption of harmful products such as cigarettes and to promote the national industry,upon taking effect this December 30 the Organic Law on Production Incentives and Tax Fraud Prevention. According to the Internal Revenue Service (SRI by...

El Comercio newspaper, of Quito and with 107 years of existence, would have been sold to Mexican media tycoon Angel Gonzalez in a value close to 45 million, said the newspaper El Universo. Unofficial sources indicated that the negotiations lasted about a year. Sources close to...

Today at 10:00 the Minister of Labour, Carlos Marx Carrasco, would announce the Unified Salary increase (SBU for its Spanish acronym) of 2015, after for two occasions, representatives of workers and employers before the National Wages Council (Conades for its Spanish acronym)...