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PROECUADOR, through its Commercial Office in Spain along with the Valencian Export Institute will present on Wednesday, September 18 the “trade and investment opportunities in Ecuador”, which is aimed to 80 businessmen. The main purpose of this project is to continue...

In accordance with the Executive Order 99, dated September 2, the state would pay the full financial compensation for retirement or voluntary retire of the bureaucrats in government bonds. This reform was published three days ago in the Official Gazette. The document amends...

Since January, the Comptroller General audits the contracts of the Yasuni-ITT Initiative campaign, which totals $ 7.3 million and were signed by the former head of negotiations, Ivonne Baki. The purpose of the initiative was to achieve economic cooperation of the international...

In the course of this week Ecuadorians may use the new silver-colored $1 coins, which are of course legal, just like the Golden ones used since  may 2012 and have the image of 20 former Presidents of the United States. Silver coins known as “Dollar SBA”.  are part of...

The Provincial Social Security Institute (IESS) seized the assets of a company of weight loss treatment and other of textile clothing. The procedure was performed by charging employers for delayed payments. From the weight loss company it was confiscated equipment such as...

On next October 8 United States will carry out the official presentation of the new 100-dollar bill which will have 3D securities, as the Federal Reserve informed. This entity said that the design of the new bill was approved in 2010, but its release was postponed due to “a...

Ecuador’s inflation stood at 0.17% in August, compared to 0.29% in the same month but in the previous year. According to the latest report of the Consumer Price Index (CPI) published by the National Institute of Statistics and Census (INEC), which clarifies that in the...

Today the Attorney General’s Office gave everyone involved in the case Duzac-Cofiec on formulation charges. After 21 months since Cofiec gave the irregular loan of $ 800,000 to Gaston Duzac, judicial authorities are prepared to identify those responsible for the scandal...

Three months after the seizure of La Clementina plantations, owned by the Ecuadorian businessman Alvaro Noboa, the tax dispute process continues between the Internal Revenue Service (SRI, for its acronym in Spanish) and Exportadora Bananera Noboa, for an alleged debt of $ 103...

The group that owns most of the shares of the sugar mill Ecudos have resolved to deposit $ 1.8 million in the Ministry of Labor, for the payment of profits, from the 2004 – 2008 period, for the workers. Ricardo Noboa Bejarano, Gloria Group’s legal representative, said that...