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Ecuadorian banana reaches new destinations

According to the Central Bank of Ecuador (BCE), Turkey, Netherlands, United Kingdom and Algeria have purchased more Ecuadorian bananas in the first quarter of this year compared with the same period in previous years, becoming the top destinations for the national product....
Posted On 02 Sep 2013
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Low prices and low productivity affects palm farmers

The international price of crude oil from palm trees, has had a sudden drop from $ 1,240 per ton, to $ 717, ie, 42% less. In addition, the local domestic price has also suffered similar variations due to the cold weather and low light in palm plantations. William Quevedo, oil...
Posted On 02 Sep 2013
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Labor Relations will set the utilities payment for Ecudos workers

If the company does not pay, tomorrow the Ministry of Labor, under threat of the coactive, ordered to pay profits to Ecudos mill workers, the leader of the regime, Rafael Correa, assured this yesterday in his Saturday broadcast from Atucucho neighborhood in the northwest of the...
Posted On 01 Sep 2013
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Ecuador strengthens its economy with oil pre-sale

On last August 12, the country received $ 1,200 million, for the pre-sale of oil, according to the budget execution published by the Ministry of Finance on its website. This is the first oil pre-sale of the year and that influx of funds is also being evidenced in the Free...
Posted On 27 Aug 2013
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Creating companies in Ecuador will be easier

This is provided in the pilot plan that the Government, on the frame of changing the productive matrix, will implement in Quito, Guayaquil, Cuenca, Santo Domingo, Manta and Loja, to simplify procedures that allow the creation and opening of companies or businesses. The regime...
Posted On 26 Aug 2013
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Ecuador among the countries with high incidence of child labour

The first figures of the national child labour survey, carried out since November 2012, were presented yesterday; the information gathered results from 20 provinces, and according to the involved authorities the results will intensify efforts to eradicate the work of children in...
Posted On 22 Aug 2013
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Ecudos resumed operations

After eight days of strike, yesterday afternoon, the sugar processing plant Ecudos became fully operational with the coverage of about 900 policemen, which helped granting access to the employees and workers who wanted to work on that day. “We have a good percentage of...
Posted On 22 Aug 2013
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Nobis interested in investing on deepwater port

“We are talking with the authorities of the central and sectional government about the construction of the Posorja Deepwater Port,” reported the spokesmen of the company through a statement, which also mentioned that the Dubai-based ports company DP World would...
Posted On 22 Aug 2013
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Yasuni oil will be extracted with eight techniques

This was confirmed yesterday byWilson Pastor, former Minister of Non-Renewable Resources in an interview with Ecuavisa. “The truth is that seven new technologies are being used (…) They were tested in Pañacocha and are being tested in block 31 which minimizes...
Posted On 22 Aug 2013
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Ecudos strike continues

Since last August 15, hundreds of workers congregate in the outskirts of Ecudos sugar plant in La Troncal, Cañar Province, to demand payment of profits, salary increase from $ 305 to $ 318, among others. Ecudos Union’s general secretary, Gerardo Granizo, said the strike...
Posted On 21 Aug 2013
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