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Three Guayaquil’s companies compete to produce induction cookers

Of thirteen industries aspiring to produce induction cookers promoted by the government, three are assembly plants established in Guayaquil. Kangle, Mabe and Electrococ participate in the tender to become assemblers with ten other companies: seven from the Andean region and three...
Posted On 14 May 2014
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There are doubts on mortgage credit funding

After the president Rafael Correa stated the measure that allowed real estate companies and users to do legal proceedings previous obtaining a mortgage credit through the Bank of IESS (Biess), questions on how would the values would be financed appeared.  Home sellers said that...
Posted On 14 May 2014
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Ministry of Foreign Trade announces the 3rd `Business Conference 2014´

The Ministry of Foreign Trade of Ecuador announced today the celebration of a `business conference´ which `seeks to raise $ 210 million dollars´ as a result of events that will take place between exporters and international buyers.  The third edition of  the ‘Business...
Posted On 14 May 2014
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YASunidos continues on legal struggle over signatures

During the next days the environmental group YASunidos will present its challenge resources to the National Electoral Council (CNE for its Spanish acronym) to reactivate its request for a referendum, to prevent the oil exploitation of the ITT fields in the Yasuni National Park....
Posted On 13 May 2014
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Parts of induction cookers will not pay tariffs

Parts of imported induction cookers will pay zero tariffs. This measure is only for the assembly plants that are registered in the Ministry of Industry and Productivity (MIPRO). This group of companies are supporting the change from using gas to consume electricity for food...
Posted On 13 May 2014
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Ecuadorian shrimp export is directed to Europe, Asia and the United States

In the first quarter of 2014, Ecuadorian shrimp exports grew a 90.6 % compared to the same period last year, according to the European Central Bank (ECB). This makes it the fastest growing product in the list of 26 sales unrelated to oil. The increased commercialization of shrimp...
Posted On 12 May 2014
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Ecuadorian imports decreased by 2%

  Ecuador importations have reduced by a 2% during the first quarter of 2014 compared to the same period of 2013. This is the result of restrictions imposed by the government since late last year. In dollars, this represented $ 140 million, an amount that could have been...
Posted On 12 May 2014
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Macro business conference Ecuador 2014 hopes to raise $200 million dollars

This Wednesday and Thursday will be held the Macro business conference Ecuador 2014, from 09:00 to 17:00. The event will have the participation of 157 entrepreneurs from Latin America, Europe , the United States. and non-traditional markets such as Singapore and United Arab...
Posted On 12 May 2014
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Registration for induction cookers suppliers concluded

Ten national and three international firms are interested in efficient cooking programs, promoted by the government as providers of induction cookers. Yesterday, at 17:00, was conclude the deadline for manufacturers to submit their inscriptions and offers, after that April 15...
Posted On 11 May 2014
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YASunidos alleges fraud in the CNE

Last Friday the YASunidos environmentalist group accused the National Electoral Council (CNE for its Spanish acronym) of allegedly having committed fraud and having altered forms during the signature verification process, which aimed to achieve a referendum to preserve the oil...
Posted On 10 May 2014
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