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Ecuadorian roses will be exported for Chinese Valentine´s day

China Eastern Airlines, based in Shanghai, agreed with the Government of Ecuador to export roses of the Latin American country for the upcoming celebration of theValentine’s Day, after the “success” of the company with a test performed on the Chinese da...
Posted On 15 Sep 2014
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Minister Rivera diminish the importance of IMF economic reports

The coordinator minister of the Economic Policy Patricio Rivera, assured that the country’s economy “going very well” and this year will grow by 4% or a “little more” and that the government does not care what it says or does not say the...
Posted On 13 Sep 2014
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The trade balance has a surplus of $ 605.79 million

Ecuador’s trade balance, during the period from January to July of this year, recorded a surplus of $ 605.79 million, which represented a recovery of 171.4%, if compared with the trade balance of the same period in 2013, which was $ -848.58 million. According to a report by...
Posted On 11 Sep 2014
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Couriers expect that customers overtake purchases prior 4X4 system

The courier services expect that in September of this year their customers advance their Christmas shopping under the 4×4 system of importation. This as a consequence of President Rafael Correa´s decision, adopted on last Friday 5, to defer for a period of one month the...
Posted On 11 Sep 2014
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FLAR approved a $ 617.58 million credit for Ecuador

On Tuesday, Finance Minister Fausto Herrera, deputy operations manager of the Central Bank of Ecuador, Veronica Garces, signed with the president of the Latin American Reserve Fund (FLAR for its Spanish acronym), Ana María Carrasquilla, a credit to support the Ecuadorian balance...
Posted On 10 Sep 2014
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Coca-Codo Sinclair Hydroelectric will be ready in 2016

On Tuesday president Rafael Correa inspected the progress in the construction of the hydroelectric project Coca-Codo Sinclair, located between the provinces of Napo and Sucumbios, and held meetings with officials, workers and executors of the work. Jorge Carrasco, inspector of...
Posted On 10 Sep 2014
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Minister says that deficit of $ 758 million was reversed this year

The implementation of technical measures to boost the national industry and ensure the quality of the production would had represented a positive impact on the trade balance. The Minister of Industry, Ramiro Gonzalez, said that the deficit of $ 758 million in the first half of...
Posted On 10 Sep 2014
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Project that reduces profits of telephone companies’ employees, returns to the CAL

The Committee on Rights of Workers of the National Assembly, decided to return to the Board of Legislature Administration (CAL for its Spanish acronym), the Draft Amendment to the Law of Telecommunications, which seeks to redistribute profits of workers in that area, so that the...
Posted On 09 Sep 2014
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Esmeraldas refinery will be paralyzed since October

The Esmeraldas refinery will be paralyzed from October 1 to take on its stage of rehabilitation, which has been steadily decreasing its processing capacity. Since 2008 Petroecuador has worked to repower the plant by signing a contract with the SK Korea firm. The Refining Manager...
Posted On 09 Sep 2014
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Official Register received the Monetary Code for publication

The Monetary and Financial Code was sent yesterday to the Official Register by the National Assembly, in order to be published and becomes a law of the Republic. The Code, approved by the Assembly on July 24 by a government majority, has 520 items, it contains the creation of the...
Posted On 09 Sep 2014
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