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The National Electricity Council (Conelec) said in a statement that the kilowatt hour was increased by 1 cent for the residential sector and 2 for the commercial and industrial. This increase goes into effect from May consumptions that will be invoiced in June 2014 and is part of...

The Minister of Labour Relations, Carlos Marx Carrasco, in order to initiate the legislative process of his proposal for the Organic Labour Code, yesterday delivered it to the President of the Assembly, Gabriela Rivadeneira. The delivery of the project was carried out in the...

The government triad composed by Francisco Rivadeneira, Minister of Foreign Trade; Ramiro Gonzalez, Minister of Industry; and Javier Ponce, Minister of Agriculture and livestock, traveled to Brussels in order to refine details prior to the third round of negotiations between...

Minister of Production, Richard Espinosa, said that the Government will respond ‘telling the truth’ to the Andean Community (CAN). This, in relation to the investigation that organism opened on April 23 by sending a letter to Ecuador in order to determine whether it...

The Foreign Ministry claimed that this week the military group of the Embassy of the United States (U.S.) will withdraw from Ecuador. The Deputy Minister Leonardo Arízaga and the Assistant Secretary of State, Alex Lee, were responsible for addressing the issue last March 28 at a...

The Andean countries pledged in Lima to rush the regional electrical integration process, analyze and adopt an harmonizing regulatory agreement  which allows to form a regional electricity market and maintain coordination and articulation with the Andean Community, this as an...

Checks will have new requirements. The documents with changes begin to print in 90 days from yesterday, when published in the official register. Resolution JB-2014 – 2858 indicates that checks will have soft colors (pastels) and proposed four formats in the background,...

The National Federation of Distributors of LPG (Liquefied Petroleum Gas) sent a proposal to the Government to participate in the sale of electric cookers of induction which is expected to deliver from next September,inside the plan efficient cooking. Ricardo Flores, President of...

The Ministry of Labour Relations of Ecuador will present on May 1 a process of discussion and analysis aimed to the development of the draft Labour Code with the participation the Government, workers and employers. Carlos Marx Carrasco, head of the institution said that this...

The Banks of Guayaquil and Pacific, which extend credit for academic training, will now provide funding for up to 15 years. The payment term is 7 years, including 2 years of grace. The interest rate is 8.16% during the study period. According to figures from the Superintendency...