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Despite the scenario of falling prices, Ecuador’s oil production will end the year with record levels since the country began to export the product early in the 70s. According to projections from the Ministry of Non-Renewable Resources, 2014 will close with a total...

From November 1, the Internal Revenue Service (SRI for its Spanish acronym), will apply the electronic billing service for special taxpayers and exporters. Among the firms that shall use the electronic billing system compulsorily are: financial institutions under the control of...

The Christmas spirit is on and with it, the factories begin to hire more staff and accelerate their machines to deliver thousands of toys, as every year, line the hangers of stores as Mi Juguetería (My Toy Store in Spanish) of El Rosado Corporation, Juguetón (Playful by its...

The supermarkets and similars are required to publish a list of their products with their retail prices on their websites, so that consumers are informed. The publication will be monthly, as stated in article 31 of the Manual of Good Practice for Commercial sector Supermarkets...

The Finance Minister Fausto Herrera, between today and tomorrow will deliver the 2015 budgetary assignments to the National Assembly. The deadline is November 1. Oswaldo Larriva, President of the Committee on Economic Conditions, confirmed yesterday that the Minister had informed...

The Minister of Foreign Trade, Francisco Rivadeneira, will visit Japan from November 4 to 7. This trip will aim to strengthen the exchange and strengthen links with institutions in the public and private sectors. Rivadeneira is scheduled to meet with authorities from the Trade...

The Coordinator Minister of Strategic Sectors Rafael Poveda, signed on Wednesday October 29 an understandingmemorandum for strategic cooperation with China’s Chinalco corporation. According to a press release from the Ministry, this company is the world’s alumina...

The charge of 0.5% on purchases paid by credit card will be appreciated in a subsequent statement to the purchase. The tax went into effect on October 28, which is applied to loans made ​​in financial institutions controlled by the Superintendency of Banks, including credit card...

The Chamber of Mines of Ecuador (CME), welcomes the decision of the national government of transparenting how will be the negotiation with investors of mining projects that occur in the country. However, the CME believes that the mining law is incomplete, since Decree 475, issued...

Ecuador will receive $ 509 million from China as a financing for the Coca Codo Sinclair hydroelectric. This was expected with the journey made by the Minister of Strategic Sectors, Rafael Poveda, to that country on Tuesday, October 28. The financial institution Eximbank of China...