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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...

Through a discussion with the media, Richard Espinosa, Minister of Production, announced that the government will issue new regulations  in the coming days with the purpose of replacing imports. The official said that “probably in a couple of weeks at most” the new...

During an interview in Beijing as part of the presentation of the industrialization plan of Ecuador, Vice President Jorge Glas said the country needs the help of China and other powers to industrialize. “We need China and other strategic allies to stop being a country that...

Consumers and sellers of cosmetic products by catalogue realized the scarcity of these products. Many traders claim that they performed their orders monthly and receive only half. Meanwhile, representatives of each brand have communicated that the lack of stock is due to the new...

Underemployment is still growing faster than full employment. The sporadic jobs with low incomes and without affiliation to a social insurance program increased in one year in the urban sector. Data from the National Institute of Statistics and Census (INEC), indicate that the...

Trough the change of the productive matrix, the Government seeks to strengthen the sectors in which the country has been distinguished since its origins: agriculture and livestock. “Increasing value in production and diversify it” is one of the challenges, according...

The Ministries of Finance and Labor Relations are the entities responsible for developing the institutional reforms to implement a model of efficient bureaucracy management and to reduce overstaffing in the public system. The secretariats of Planning (Senplades) and Public...

After the resolution that products that do not meet the new INEN quality standards can not enter the country, the giant ovens in pottery factories in Cuenca have not stop producing. Domestic producers indicate that the national production has been impaired for several years with...

Representatives of importing companies have stated that the lack of laboratories that issue the certificates required for products like baby milk formulas, cosmetics and ceramics to enter the country, are still a problem. After the Committee of Foreign Trade (Comex,) approved the...

The new regulation for the functioning of real estate companies will benefit buyers, according to Guillermo Salcedo, Manager of Salcedo International. However, he added that the cost of the works will be higher, so they “will need a real capital to carry out a...