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The Capital Gains Law, a priority in the Advisory Board

Ecuadornews:     The revision of the Capital Gains Law is a priority of the Productive and Tax Advisory Council. After the first meetings between the Government and the productive sector, it was decided to discuss this rule, approved at the end of 2016. It is expected...
Posted On 27 Jul 2017
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Lenin Moreno greets Guayaquil for its 482 years of foundation

Ecuadornews:     President Lenin Moreno greeted the city of Guayaquil on its 482nd anniversary of foundation. The Head of State wrote on the social network Twitter: “Viva Guayaquil! To the tenacity of its people, to their creativity, to their joy and generosity....
Posted On 26 Jul 2017
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BanEcuador will grant credits for $ 857,402 in the Main Port

Ecuadornews:     The esplanade of the Banco Pichincha Stadium, on the Barcelona Avenue (west of Guayaquil), is the place chosen by executives of BanEcuador to deliver new loans for $ 857,402, and also announce new services. President Lenin Moreno, Finance Minister...
Posted On 26 Jul 2017
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Private companies shall hire more interns

Ecuadornews:     The number of interns hired by private enterprises in Ecuador has increased. The Ministry of Labor ordered that companies with more than 100 “permanent” workers should progressively hire a percentage of interns of not less than 4% of the...
Posted On 26 Jul 2017
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Online sales of air tickets to Guayaquil increased by 30%

Ecuadornews:     According to figures from the Guayas Tourism Chamber, Guayaquil receives 2’400,000 tourists a year, 700,000 are foreign.   In 2016 the city received the merit of Leading Destination of South American Business Travel, awarded by the World...
Posted On 26 Jul 2017
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The exodus of Venezuelans fleeing to Ecuador or Colombia

Ecuadornews:     “The only way out is to emigrate,” says a Venezuelan who yesterday crossed the border with Cúcuta to go to Colombia, fleeing from his native Venezuela. The country is sunk in an even more uncertain future by the controversial politics, whose...
Posted On 26 Jul 2017
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The President appoints people he trusts in State Positions

Ecuadornews:     There is still discomfort within the Alianza PAIS party. The bureau of the government party now has new faces that are close to President Lenin Moreno. Minister of Defense Miguel Carvajal, Minister of Foreign Affairs Maria Fernanda Espinosa, and...
Posted On 25 Jul 2017
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President Lenin Moreno asks to revise the Capital Gains Law

Ecuadornews:     President Lenin Moreno announced Monday he has called for a review of the scope and the application of the Capital Gains Law, which aims to avoid speculation on the value of land. “Construction is one of the sectors that generate more jobs....
Posted On 25 Jul 2017
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Lasso says that Moreno has five million reasons to demand the resignation of Glas

Ecuadornews:     former presidential hopeful Guillermo Lasso has tweeted Monday night that President Lenin Moreno has “five million new reasons to require the resignation of his vice president.” And he adds that if he does not do it, “history will not...
Posted On 25 Jul 2017
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New actors join the management of the oil sector in Ecuador

Ecuadornews:     Not everyone has experience in the oil sector, but in their speeches, the new senior officials who manage this strategic activity of the country have appealed to the need to fight against corruption, following the scandals generated during the previous...
Posted On 25 Jul 2017
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