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The General Comptroller will held a second audit to El Telégrafo newspaper (whose corporate name is Editogran), which will cover the period from 2010 to 2014. A preliminary report indicates that Editogran budgets for 2011 and 2012 showed deficits of $ 5.7 million and $ 6.5...

The government expects that the price for medicines of human use will have been established until October. The schedule established by executive decree puts January 29 of 2015 as a maximum term, said authorities of the Ministries of Production Coordinator and Health. Renat...

The Finance Minister Fausto Herrera in a EcuadorTV interview, confirmed that the budget of Ecuador in this 2014 is 100% funded and until now they are working to concretise the 2015. Herrera said that he met with the authorities of the Development Bank of China, in order to...

Following the implementation of Resolution 116, issued by the Committee of Foreign Trade (Comex for its Spanish acronym), the country has managed to reduce its imports This standard establishes control of imports and the obligation to submit a quality certificate o...

Following the statement made by President Rafael Correa, during his weekly nation-wide broadcast last August 30, which established the government’s idea of creating a harmful consumption tax, the liquor, junk food and cigarettes business owners and workers, are concerned....

The president of the National Finance Corporation (CFN for its Spanish acronym), Maria Soledad Barrera, in an interview with the El Universo newspaper, said the company plans to spend this year $ 250 million in loans to companies that provide investments to replace imports and to...

The brands Ecasa and Indurama indicated that the presales of the induction cookers recorded 40 000 and 2 000 units respectively, during the last two weeks of August. They indicated this at the Swissotel in Quito during the exhibition of electric induction cookers, in which eight...

The preliminary works for the construction of the Pacific Refinery, which would come into operation from 2017, continues despite the credit is still under negotiation with China. The Ministry indicated it would have other options for financing an agreement if the one with China...

After negotiations for a trade agreement with the European Union (EU), a decision was taken to allow a period of five years for the protection of European medicines entering Ecuador. This protection does not apply to existing products in the market but only to new drugs. Alfredo...

Ecuador advances in the preliminary works for the construction of the Pacific oil refinery and hopes to realize a financing with China, althought has opened the possibility to look for other options if it is not achieved. During a visit to Santiago, the Minister of Strategic...