Six reports to start new port of Guayaquil

“At least three alternatives” of location to be submitted to the Ministry of transport and public works “an alternative to be analysed in more detail…”, is provided  in the statutes of the first phase of the master plan of the new port of Guayaquil...
Posted On 31 Jan 2014
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Strategic Sectors presents their investment offer

The Ministry Coordinator of Strategic Sectors filed yesterday, the third edition of the Catalogue of investment for strategic projects such as Basic Industries, Electricity, Water, Oil, Telecommunications, Environment and Mining. These lead the main projects, which require...
Posted On 30 Jan 2014
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Chinese company is looking to expand four oil fields

China, who buys more than 80% of our exported oil seeks to expand more operations of hydrocarbon in Ecuador with the implementation of new techniques of recovery in four oil fields, until now operated by Petroamazonas. It is also emerging as the new partner of the Pacific...
Posted On 30 Jan 2014
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Fast food franchises will use national meat

Richard Espinosa, Coordinating Minister of production, said yesterday that in six months, hamburgers sold in fast-food chains will no longer have imported meat, but it will be replaced by national product. Currently, most comes from abroad, since the franchise standards require a...
Posted On 29 Jan 2014
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Contributions to the IESS will rise

The Executive Council of the Ecuadorian Institute of Social Security (IESS) decided that starting this month, members’ contributions will rise; action that had not changed since 13 years ago. According to resolution 466, approved last December, it is estimated that the members’...
Posted On 28 Jan 2014
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South Pacific countries discuss exploitation of maritime resources

During the second meeting of the South Pacific Regional Fisheries Management Organisation (Sprfmo), held yesterday in Manta, Ecuador, representatives from Chile, Colombia, Peru, China, Russia, Australia and New Zealand discussed The legislation that os affecting The  natural...
Posted On 28 Jan 2014
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With agreements, Government gives time to import

For the purpose of supplementing the imports, the Ecuadorian Government has signed 48 agreements between sectors and companies, so that they can adapt to the new regulations. “We have signed with soap companies, fast food, home appliances and there are some that are...
Posted On 28 Jan 2014
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Ecuadorians prefer Miami at the time of traveling

During 2013, the U.S. was the country that received more Ecuadorian visitors according to figures from the Ministry of Tourism. It was estimated a total of 395.075 visitors. The president of the Chamber of Tourism of Pichincha, Raul Garcia says that for the Ecuadorians is...
Posted On 24 Jan 2014
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Ecuador is still below the 2011 banana sales

In 2013, Ecuador exported 253 million banana crates, 5 million more than in 2012, which is a moderate increase compared to figures from 2011, when 285 million crates were exported. Eduardo Ledesma, Executive Director of the Association of Banana Exporters of Ecuador (AEBE for its...
Posted On 23 Jan 2014
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24 new regulations for vehicles

The Government ordered 24 new safety standards mandatory for cars. The representatives of the industry said that they they will follow the regulation. Of course, they suggest, that the application deadline has to be in keeping with the reality of the sector. Diego Luna, President...
Posted On 23 Jan 2014
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