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According to data from Ecuadorian Business Committee (EEC), more than 70 subheadings have registered significant declines in their market entry, from AC motors and Ironmonger items up to baby supplies, cheese and makeup. This arises from the complications the importing sectors...

Cerveceria national (CN) signed an agreement with the ecuadorian company Senefelder, for $3.5 million, to replace the all its brands lebels. In the next four years, the SABMiller subsidiary- the second brewery group in the world – will no longer buy  $20 million in imported...

Credits, oil exploitation and infrastructure service sales, have marked the economic and cooperative relationship between Ecuador and China since 2007. Various analysts point out these actions will continue in the future if new projects are concreted. In the portfolio of projects...

According to Central Bank figures, published on their website, Ecuador invested a total of 26.041 million dollars in imports during 2013. The raw materials and capital assets, covered much of the total, while exports reached a total of 24.957 million in the same period. The...

With the purpose to prevent the collapse at the moment to legalize construction contracts, the Labor Ministry plans to open a new window to receive and approve the contracting of this sector. The measure is taken after the application of the new imposition of regulation governing...

Ecuadorian entrepreneurs bet on offer the mango and papaya as new products in the biggest event of exhibition of fruits: the fair Fruit Logistica in Berlin (Germany), which is annually attended by about 60,000 people from 130 countries and are concentrated where more than 2,500...

After the arrival of February the company accountants already began working on the declaration of the Income Tax (IT,) a task they can still meet. According to tax experts, the tax responsibility can be met with good conditions. For the partner of the firm Fides Bureau, Pablo...

Valentine’s Day presents are a custom for couples, friends or family despite any economic drawback. This was pointed out by the data of the National Institute of Statistics and Census (INEC), which record that the Ecuadorian households spent $ 1.5 million on chocolates,...

Last Monday the scope of the new Criminal Code (COIP) was exposed to the members of the Financial Action Task Force (FATF). The General Attorney, Diego Garcia, General Prosecutor Galo Chiriboga, and the superintendent of Companies, Suad Manssur, headed the delegation. About the...

Francisco Vacas, head of the Ministry of Labour Relations announced that starting tomorrow, Friday, workers of the sugar company Ecudos might know through the web portal of the ministry the amount each one will receive for profits from the period 2004 to 2007. Ecudos is one of...