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Today Pedro Paez was positioned by Fernando Cordero, the head of the Main Assembly, as the new Superintendent of the Market Power Control, in the Assembly saloon. After the brief ceremony, 20 people congratulated Paez for his new charge. From now on Paez will be handling all the...

This morning the distribution of fungicides began, to counterattack the black Sigatoka in banana plantations. This resolution was provided by the Ministry of Agriculture, Livestock, Aquaculture and Fishing (MAGAP). According to the documentation, the fungicide will be distributed...

In the newest edition of the Global Competitiveness Report (GCR) of the World Economic Forum (WEF), Ecuador has increased 16 positions in the world competitiveness ranking,  locating itself in the 86 place of 144 countries in the world. In 2011, Ecuador was in the 101 position of...

Last Thursday, the General Finance Office initiated an audit on the agreements signed between Social Security Institute (IESS for its Spanish acronym) and the Gonzalez Clinic, owned by cousins of Ramiro Gonzalez, president of the Social Security Board. For this process, it...

The business sector exposed yesterday to President Rafael Correa, the importance of trade agreements with the U.S. and the European Union, and the fear of reprisals from those countries due the asylum granted to Wikileaks founder, Julian Assange. Ecuadorian Business Committee...

This week the price of the soybean bag increased by 6,3% in the international market. According to the National Stock Exchange of Agricultural Products, the price increased from $29,43 to $31,24. The drought that is striking the United States, the main provider, is one of the...

Ecuadorian President, Rafael Correa, does not matter on the U.S. suspending the tariff preferences, Andean Trade Promotion and Drug Eradication Act (ATPDEA), in response to the diplomatic asylum that Ecuador granted to Wikileaks founder, Julian Assange. “Ecuador does not...

Products such as butter, sugar and yeast, required for making bread, recorded a price increase of up to 15% this week. The situation worries the bakers because the wheat quintal price also increased this week. Representatives of the union argues that the profit margin has...

The bread-producing sector is concerned for the increase on the price of the quintal of flour. As of last Monday the new price is $42, a week ago the quintal of flour was worth $37. Nicolas Lara, the president of the Bakers Union of Guayaquil, stated that milling companies...

Impatient small and medium banana producers are expecting a second round of fruit purchase from the government in the same previous mode, through the collection center Mariscal Sucre, in Guayas province. Farmers have sold few banana clusters to the Ministry of Agriculture,...