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The excess of banana production in the Ecuadorian market will be bought by the Estate to alleviate the crisis that the country is suffering due to banana crate price decrease. Such measure will be taken next week according to the decree of the Minister of Agriculture, Stanley...

The Ministry of Agriculture, Livestock and Fisheries validated the report emitted by the Director of the Banana program on August 17 of 2011, which said that the banana is suffering a crisis due to the international market. The decrease of the banana crate occurs because of the...

An emerging line of credit for the banana sector was introduced today by Camilo Saman, chairman of the National Financial Corporation (CFN for its Spanish acronym). Loans from $ 100 thousand to $ 2 million per transaction (each export) will be given only to Ecuadorian producers....

The main commercial partners of Ecuador are threatened by the economic crisis that the United States has due to its debt. Meanwhile the European Union struggles to control the changes generated by the indebtedness of its partners. According to the numbers of the Ecuadorian Banco...

Major supermarket chains in the U.S., Britain, France, Germany, and Italy seek to directly negotiate the purchase of Ecuadorian banana with local producers. The new purchasing system, which is present in other countries like Colombia and Costa Rica, has become an international...

In its first semester of tax collection, Ecuador gathered $4,890 million in payments, this represents an 18,4% increase than last years. The Internal Revenue Services, IRS (SRI) submitted the report. The goal of this year is to gather $8,700 in taxes, during the six first months...

The Tax credit certificates by the Ministry of Production extended to exporters, as compensation for non-renewal of the Andean trade preferences (ATPDEA) delivered by the United States, became effective yesterday, from 16:00. Through these certificates, the Ecuadorian Government...

Fernando Alarcon, Bananera Noboa legal representative, attended today the building of the National Court of Justice to denounce the obstruction of the judicial system in Bananera Noboa case. On Tuesday, July 12, 2011, Bananera case was presented to the chamber of tax litigation....

Since February 2011, the Ministry of Agriculture, Livestock and Fisheries (MAGAP) of Ecuador accounts 72 administrative proceedings against several exporters in the country for breaking the Banana Bill. Of that total, 12 companies were already fined and 55 have yet to justify...

European website Seventypercent.com, which brings together the most renowned wine, whiskey and chocolates tasters in the world, possession Ecuadorean chocolate Pacari (means dawn), in the 3th place in the world rankings after French chocolate Bonnat and Italian Domori-Chua. These...