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The Inter-American Development Bank (IDB) announced today it will hold a loan of 220 million dollars to Ecuador to finance the electricity distribution program. The total cost of this program is USD 274.4 million. This will strengthen the National System of Electrical...

Diego Aulestia, head of the Ministry of Urban Development and Housing (Miduvi for its Spanish acronym) said that the government plans to focus the building policy in social housing. In the coming days the implementation of these programs in the south of Guayaquil and northern...

Failing to reach an agreement of trade negotiations between Ecuador and the European Union (EU), the Ecuadorian entrepreneurs who export to the European market are concerned about their future from January 2015. This is because starting next year the export supply of Ecuador will...

The request for approval of the Economic, Commercial and Technical Cooperation between Ecuador and Qatar, will be discussed tomorrow at the plenary of the National Assembly. The report of the Committee on International Relations and Sovereignty which recommends to the plenary its...

An average of USD 179 million per month are spent by Ecuadorian families in health services, according to the National Household Income and Urban and Rural Households Expenditure, from the National Institute of Statistics and Census (INEC for its Spanish acronym), during 2011 and...

After having concluded the Third Round of Negotiations between Ecuador and the European Union (EU) and not having reached a trade agreement, the country could present difficulties. “If the agreement is not signed in December, we lose SGP preferences, and millions will be...

Ecuador and the European Union (EU) concluded yesterday in Brussels the third round of negotiations for a trade agreement, which began last Monday. Through press releases, both parties informed in statements to international agencies, that there was a significant reduction of...

The owners of restaurants and hotels of Quito received with satisfaction the decision of the Ministry of Tourism to extend the hours for the sale of alcoholic beverages on Sundays. This measure will be applied from this weekend. From now, alcohol could be sold until 22:00 in five...

Three private banks renew their corporate image. The change is external, but it also seeks the highest ratings in service and financial strength. Banco Guayaquil is one of the entities that yesterday presented its new name and image. Guillermo Lasso Alcívar, Executive Vice...

The plenary of the Committee of Foreign Trade (Comex for its Spanish acronym) requested the Andean Community of Nations (ACN) to suspend Resolution 116 of the entity as a restriction to regional trade. This rule of 1625 establishes the import control and  the obligatory nature...