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Casa Tosi will liquidate its merchandise until Sunday

The ground floor of the matrix building of Casa Tosi, in Guayaquil downtown, reopens today to liquidate the rest of its merchandise. The sale will last until Sunday.   About 40 people who kept their jobs after the announcement of the dismissal of more than 200 workeras, said that...
Posted On 25 Apr 2014
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Investment in the electricity sector is growing, while the number of companies falls

Following the change of the energy matrix proposed by the Government, the Ecuadorian business sector invested more capital while the number of companies that perform some kind of activity, falls. From January to March, the investment was $540 million, 85% more than the same...
Posted On 25 Apr 2014
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Initiative from Frente de Defensa Total de la Amazonia about to be discarded

The proposed referendum project, which is being supported by the environmental group Frente de Defensa Total de la Amazonia is at risk of falling after the National Electoral Council (CNE for its Spanish acronym) revealed that 41 % of the forms provided by this group did not meet...
Posted On 24 Apr 2014
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Authorities plan to extend GSP Plus

On last Wednesday, among other topics, Commerce Minister Francisco Rivadeneira and Tanya Van Gool, Ambassador of Colombia in Ecuador, raised the need for a temporary extension of the system of tariff preferences under the GSP Plus (for Ecuador) until the trade agreement...
Posted On 24 Apr 2014
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Assembly will discuss law to reduce the price of medicine

The possibility of lower the prices of drugs through the new Organic Health Code, is analysed by the Commission that deals with this subject in the Assembly.  Assemblywoman Maria José Carrión (AP) believes necessary to regulate the distribution companies of medications that also...
Posted On 24 Apr 2014
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Induction cookers will work with 220V

Changing 110 volt meters by 220, is one of the difficulties presented to support the Government´s plan to replace the gas cookers for cookers that operate with electricity, in order to abolish the subsidy of this resource.   José Felipe Borja, President of the College of...
Posted On 24 Apr 2014
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Deadline for new labelling of products will extend until august

Yesterday, The Government justified the extension of the deadline from may to August for  medium-sized and large companies to include the colour graphic system that identifies the levels of fat, sugar and salt in food on their labels. Alexis Valencia, Deputy Minister of Industry...
Posted On 23 Apr 2014
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Government shall convene tender for production of cookwares

Next week, the Government would convene a competition which involves industries that provide utensils to be used in induction kitchens, whose sell will become effective in September, replacing gas cookers.   The call would include the provision of seven pieces of steel: three...
Posted On 23 Apr 2014
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Matrix production companies will receive CFN credits

The companies associated with the change of the productive matrix business, the increase of exports and imports substitution, will be benefited with a new credit line for the purchase of assets by the Nacional Finance Corporation (CFN.) The product `Progress´ is comprised of...
Posted On 22 Apr 2014
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Assemblyman Umajinga requested details of negotiations with the EU

Assemblyman Cesar Umajinga (Pachakutik Party), yesterday requested the attendance in the Committee on Food Sovereignty of the Assembly of three government authorities to explain the ongoing negotiation between Ecuador and the European Union (EU) for a Trade Agreement. Francisco...
Posted On 22 Apr 2014
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