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Secretary of Agriculture and Banana Exporting are Under Investigation

Last April, the hard drives of computers that belong to the Undersecretary of the Coastal Agriculture underwent an investigation by the National Intelligence Agency (Senain).  During two months of analysis, Senain identified three alleged irregularities committed by tha...
Posted On 11 Jul 2011
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Banana Isbelni S.A. was Seized by CFN and AGD

Last night Banana Isbelni S.A. was seized by the Nacional Financial Corporation (CFN) ‘No more Impunity’ and the Deposit Guarantee Custodial Agency (AGD). This company, which was related to the former congressman and president of Congress, Juan Jose Pons, was seized due to...
Posted On 08 Jul 2011
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FCNH: Microenterprises Find New Opportunities in Ecuador

In Ecuador, New Humanity Foundation (FCNH for its Spanish acronym), is helping many people to begin and maintain their own businesses in order to bring comfort to their families and their community. Such is the case of Vicente Jurado, an independent worker who has worked for more...
Posted On 06 Jul 2011
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Ecuadorian Local Production Strengthens the Bio-Commerce

The business created by the biodiversity in the country has motivated Corporacion de Promocion de Exportaciones (Corpei), the Ministry of Environment, and Ecociencia y la Corporacion Andina de Fomento (CAF) to invest $14 million to support and strengthen the Bio-Commerce in the...
Posted On 06 Jul 2011
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Green Tax Affects Enterprises Confidence, poll says

The Green Tax has registered a recovery in the previous months, however the companies trust began to decline again in June. According to a poll made by Deloitte the trust fell by 4,4 points less than May. The new reform imposed by the government pretends to set green taxes for...
Posted On 04 Jul 2011
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Correa Rectifies on The Deposit He Made in Europe

The Ecuador President, Rafael Correa, ratified that the $330 thousand he sent to a European account was in Belgium and not Germany like the Assembly member Jorge Escala previously informed to the SRI. The chief of Estate added it was to purchase an apartment in Belgium and the...
Posted On 26 Jun 2011
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113 Stores Selling DVDs and CDs Were Closed by the SRI

One hundred and thirteen stores selling DVDs and CDs were closed yesterday by the Ecuadorian Internal Revenue Service (SRI) during a nationwide crackdown on sales receipts issuance in 168 shops visited. In Guayaquil, the inspections were conducted in 24 stores; half of them were...
Posted On 22 Jun 2011
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Ecuadorian Tourism is Being Promoted in New York

Broadway, the theatres, large hotels, and shops street, is considered the heart of NewYork. Broadway is located, in the busy Times Square area of Manhattan, is covered twenty-four hours a day for at least two million New Yorkers and tourists. Right over there stands a gigantic...
Posted On 21 Jun 2011
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Ecuador Commercializes $208 Through Internet

According to ILCE (Latin American Institute of Electronic Commerce), Ecuador commercializes some $208 millions trough Internet sales. Ecuador is now participating in the e-Commerce day conferences, an activity that is performed in seven countries and seeks to promote the Internet...
Posted On 20 Jun 2011
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French Investors Interested in Ecuadorian Projects

Nathalie Cely, Coordinating Ministry of Production and the Deputy Minister of Foreign Trade and Integration, Francisco Rivadeneira held their first meeting with Laurent Demey, main official of PROPARCO French delegation. Demey expressed their interest in the productive capacity...
Posted On 20 Jun 2011
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