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The conflict between the National Electoral Council (CNE for its Spanish acronym) and the Mayor of Guayaquil and candidate for reelection, Jaime Nebot, continue, and this time he referred to the suspension of the electoral spots “Everyone benefits from Nebot’s...

The mobile phone company Claro (Conecel) has 20 working days to appeal the sanction issued on last Friday by the Superintendence of Control of Market Power (SCPM for its Spanish acronym), which imposed a fine of $ 138.4 million for alleged market abuse. This was explained...

In a letter sent to the main department of El Universo Newspaper, dated on February 7, 2014, head of the Ecuadorian Institute of Social Security (IESS for its Spanish acronym), Fernando Cordero, claimed the alleged breach of the Communications Law, in the case of the public...

For the Ecuadorian Institute of Statistics and Census (INEC), February is not only the second preferred month by lovers to get married, it also marks the beginning of the period of greatest economic dynamism of the year. Restaurants, music, motels, flower sales and chocolates,...

Following the fine of $ 138.5 million raised by the Committee on Resolution of First Instance of the Superintendence of Control of Market Power  (SCPM for its Spanish acronym) on last Friday, the mobile phone firm Claro (Conecel) rejected that fine. The fine comes after an...

Ecuador, by the deficit of corn and soybeans is forced to import raw material of fields where seeds are genetically modified for the feed of pigs, poultry, fish, shrimp and cattle although the 2008 Constitution forbids the their planting and marketing. All the soybeans that...

June 19, 2015 is the new deadline for financial institutions to issue credit and debit cards with a chip, in addition to adopting international security standards on the management of the above-mentioned devices, in accordance with a resolution of the Bank Board issued on January...

The first filter before getting a contract with the State to explore and exploit oil fields, located in the southeast of the country, was passed by the oil companies Repsol (Spain), Andes Petroleum (China) and international partners of the public company Petroamazonas. Andres...

Ecuador seeks to reduce imports and boost production so that exports are greater than imports. However from January to November of 2013, the country sold $22.764 million, but bought $24.116 billion. That is, a giant deficit in its trade balance of – 1.351 million. Yet the...

The 20 exclusive sponsors of the 2014 World Cup in Brazil, have seven months to invest in promotions, contests and deals relating to the soccer tournament, which they hope, along with FIFA, to raise revenue of up $ 1,400 million. In Ecuador, brands like Coca-Cola, Hyundai, Sony,...