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The Ecuadorian Institute for Standardisation (INEN) will issue 200 technical regulations with standards of quality for 2 thousand tariff subheadings until December 2014. Agustín Ortiz ,director of the entity, reported it. That figure means 27% of the total of import subheadings...

Juan Pablo Grijalva, Manager of the Association of farmers of the Sierra and the Amazon (AGSO), highlights that the dairy sector grew 6% both in production and sales in 2013, compared with the  5% of 2012. This year it estimates that the expansion of the sector will be 10%....

Today, The banks will be open  in normal hours, and ATM services also. The Association of private banks requested days ago to the Superintendency of banks to grant permission so that financial institutions can work today and for the support of the Central Bank. However tomorrow,...

During his last weekly link of the year, Ecuadorian president Rafael Correa announced that the basic wage apply in 2014 will be $ 340. The decision was taken last Friday after reaching an agreement between employers and workers. In the current wage ($ 318), workers proposed an...

Francisco Vacas, current Minister of Labor Relations will meet with regime leader, Rafael Correa, along with finance ministers and coordinators of Production and Economic Policy to define the Unified Salary increase (SBU) which will take effect since 2014. During an interview...

Ecuador presented a deficit (the difference between what was sold and purchased from abroad) of $1.018 million between January and October of 2013, as a result of the negative balance  with more than 13 countries where the main was China. During the first 10 months of the year,...

Francisco Rivadeneira, Minister of Foreign Trade, during an interview with El Ciudadano newspaper, alerted about the difficult situation in hand  regarding the issue of the deficit of the balance of payments, which measures imports, exports, services and financial accounts of...

The Central Bank of Ecuador (BCE, for its acronym in spanish) accepted yesterday that the compensation Chamber system of checks (SCCC, for its acronym in spanish) had to deal with contingencies in one of the 17 zones of the country, which means the process that allows to make...

The Esmeraldas refinery, the largest in Ecuador, with capacity to process 110,000 barrels of oil (bdp), currently works at half capacity after a fire occurred last month in one of its units. It is expected that during the first week of January processing levels are normalized, as...

The national wages Council (Conades) will meet today in order to achieve a consensus on the definition of the Basic Unified Salary (SBU, for its spanish acronym ) for 2014. The last meeting was held on December 3 with distant positions between workers and employers; the first...