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The company Kinross has at least one offer to buy the Fruta del Norte project in Zamora, in order to exploit the settlement under the conditions determined by the regime. Last week the Chinese private mining company, Junefield, submitted a letter to the regime authorities showing...

In a press conference of the National Secretariat of Planning and Development (Senplades), its holder Pabel Muñoz revealed that the Government of Ecuador is developing a strategy to eradicate poverty from the country within four years and to reduce national social inequality...

The government initiated a study for upgrading the seaports in Guayaquil, Esmeraldas and Manta it also reviewing the amendments to the Code of Land Management (COOTAD). Ecuadorian President Rafael Correa said, through its Saturday broadcast link 332, that they are carrying out...

The President of Ecuador, Rafael Correa, announced last Saturday during his citizen broadcast that the central Government will eliminate taxes on the box office for live shows, thus attracting artists similar to those offered by Peru and Colombia. Correa said that between taxes...

Ecuadorian oil production reached 536.643 barrels per day (bpd) last week, the highest level in the year, said Ecuadorian State oil company. Petroecuador said yesterday that exports totaled 58.7 million barrels of oil in the first half of the year, growth slightly higher than the...

Last Tuesday Petroamazonas almost managed to overcome its historical production record of 1994, when it obtained 332,788 barrels per day on an annual average. The public company informed on a statement that on that day, they obtained 332,187 barrels, making it the highest since...

In 6 days, the tariff preferences with the United States with the ATPDEA will disappear as a result of the unilateral renunciation of the treaty by Ecuador, the Government is obliged to seek immediate compensation solutions for exporters that were affected by the decision, and...

The 2013 budget draft, which amounts to $ 32,366.8 million, was approved yesterday by the National Assembly in a single debate with 100 votes in favor, none against and 12 abstentions, from a total of 112 assembly members. For the budget draft, the government expects an annual...

During a workshop entitled “Technology and Co-creation: keys to economic and social development”, held yesterday, the managing director of the Matrix Productive Change of the Ministry of Production, Diego Borja, said that an amount of between $ 50,000 and $ 60,000...

From January to June this year, the Internal Revenue Service (IRS) has raised a total tax cash of $ 6,542.9 million, surpassing last year’s amount in the same period by 13.8%. The main items came from Income Tax IT ($ 2,193 million), Value Added Tax VAT ($ 3,054 million),...