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BIESS Facilitates New Mortgage Plans

Now, citizens who are affiliated to BIESS may legally require that mortgages in their respective banks may be transferred to the public entity, despite already existed for more than a year. The service was extended to BIESS homeownership that maintains third mortgages in the...
Posted On 09 Sep 2012
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Banana plantations are lost and promised fumigation never arrived

National banana producers feel concerned that the free fumigation process that was offered to some farms will never arrive, even though Javier Ponce, Agriculture Minister announced it started on 20 and 30 August. One days before the emergency time ends, hundreds of Guayas and El...
Posted On 07 Sep 2012
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Pedro Paez Will Regulate the Market as the New Superintendence

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...
Posted On 07 Sep 2012
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MAGAP Today Began Distribution of Inputs for Spraying Banana

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...
Posted On 07 Sep 2012
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Ecuador Arises 16 Points in the Table of Competitiveness

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...
Posted On 05 Sep 2012
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Clinical Gonzalez and IESS shall be audited by the Finance Office

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...
Posted On 03 Sep 2012
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Rafael Correa: “I will not Accept Blackmail Over ATPDEA”

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...
Posted On 29 Aug 2012
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Soybeans Price in Ecuador Increases by 6,3%

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...
Posted On 25 Aug 2012
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Correa: U.S. Can Keep Their Tariff Preferences

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...
Posted On 23 Aug 2012
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Price of Butter and Sugar Raises

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...
Posted On 17 Aug 2012
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