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The recently appointed Minister of Industry and Productivity, Ramiro Gonzalez, is concerned for the “alarming reduction of foreign investment in the country”, after seeing the report of the Economic Commission for Latin America and the Caribbean (ECLAC), which...

Reports from the liquidator of the Territorial Bank, the process of returning to the depositors of the financial institution with values less than $ 31,000 continues, and in a statement by the Superintendence of Banks and Insurances (SBS) it was reported that “until today,...

A record amount of foreign direct investment (FDI) was registered in Latin America and the Caribbean in 2012. However, as the region received $ 175,584 billion, up to 5% from the year before, Ecuador only gained 580 million, 5% less compared to 2011, according to information...

Organized by Guayaquil City Hall and the authorities of the Board of Culture and Civic Promotion, a roundtable will be held on Friday May 17, this discussion will be carried out due to the celebration of International Museum Day. Melvin Hoyos Galarza, director of Culture and...

In an interview with Steve Forbes, editor in chief of Forbes, a magazine that serves in the business world reference, which distributes 900,000 copies worldwide, commented on the situation of companies in Ecuador and its prospects for international growth and insisted that the...

This city will be located 6 kilometers from Engabao (Playas, Ecuador) and will have buildings for apartments, shops, homes and luxury hotels. Will include between 20 and 30 buildings that will house 10,000 people. Its main attraction is an artificial lake with crystal clear water...

In Ecuador, the private cellular operators continue to improve according to its figures during the first quarter of the current year. The Mexican group America Movil, with its subsidiary Claro, registered within its cell-phone business in Ecuador a growth of 7.4%, since this year...

According to the projections of the Central Bank, in late 2013, the Gross Domestic Product (GDP) of Ecuador will grow by over 4% and the inflation will reach 4.4%. Diego Martinez, president of the organization attributed these figures to a the sustaining of the basis of...

Following the recent diversion of state resources in the Municipality of Riobamba, for $ 13.3 million, which was detected thanks to Comptroller audits in order to implement a Financial Management System (e-IFMS), several diversions were detected, which is currently being...

Ramiro Gonzalez said in one of his last appearances as chairman of the Board of the Social Security Institute (IESS), the importance to the consulting Actuary report, which warns that the actuarial deficit of the IESS pension fund has almost doubled itself. He added that by 2050...