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Mae Montaño disaffiliates from CREO

Ecuadornews:   On the morning of this Wednesday, May 2, 2018, Assemblywoman Mae Montaño announced her disaffiliation to the Movement Creating Opportunities (CREO). This decision, according to the assembly member, is for reasons of wanting to start a new political life and...
Posted On 03 May 2018
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‘Barter’ of rice by doctors was not canceled

Ecuadornews:   The Minister of Agriculture and Livestock (MAG), Ruben Flores, yesterday ignored a debt of $ 13 million that supposedly the institution should pay to the National Storage Unit (UNA-EP) for the purchase of rice for export to Cuba, which It was done five years...
Posted On 03 May 2018
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Productive groups want to contribute to a new Labor Code

Ecuadornews:   The labor regulations that are prepared in the Assembly must include all types of employment. The head of the CUT, Oswaldo Chica, says that what is sought is to guarantee legal security for people. One of the expectations of workers and employers is the new...
Posted On 03 May 2018
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Public banking has $ 10 million for women

Ecuadornews:   The Central Bank of Ecuador has a fund of $ 10 million in conjunction with BanEcuador to promote women’s ventures, especially those that are victims of violence. This was highlighted in Cuenca by the Central Bank of Ecuador’s manager, Verónica...
Posted On 03 May 2018
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Employees of Gama TV expect sale of land valued at USD 8 million to capitalize on the channel

Ecuadornews:   The employees of the Gama TV channel are waiting for the Public Media Management to accept their economic reactivation project, presented 15 days ago. It was indicated today afternoon, Wednesday, May 2, 2018, Mauricio Herrera, Secretary of the Works Committee...
Posted On 03 May 2018
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Rice is placed in Colombia and Venezuela

Ecuadornews:   Minister Flores explained that with the price band the producers have indicators to decide if they continue or not with the sowing of the grass. The price range for rice has the objective of capturing markets and that the farmer has sustainability and clear...
Posted On 03 May 2018
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The default of 2008 cost the country $ 9,041 million

Ecuadornews:   This December will be the 10th anniversary of the last Ecuadorian default. At the end of 2008, the then President Rafael Correa announced that he will stop paying interest on the Global 2012 and 2015 bonds, which totaled $ 3.2 billion, and that the country...
Posted On 02 May 2018
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Insurers see two groups affected by value added tax

Ecuadornews:   For the union of companies of prepaid medicine, the greater affectation of the 12% tax of the value-added tax (VAT) on private health and life insurance will fall on the holders of family plans, since most of these plans exceed the USD 150 per month. The...
Posted On 02 May 2018
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MSMEs open new markets with associativity

Ecuadornews:   The sum of the efforts of small businesses not only pays off in the increase and improvement of production, it also influences interpersonal relations, according to a study by the Andean University Simón Bolívar. A study by the Andean University Simón Bolívar...
Posted On 02 May 2018
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Lorena Tapia: “The Galápagos careers must be oriented towards the local economy”

Ecuadornews:   In July of this year, the preliminary report on the relevance of new higher academic options in the archipelago will be delivered. The study is in charge of the Special Government Council and the Senescyt. Education and the strengthening of agriculture are two...
Posted On 02 May 2018
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