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Otto Icaza: “Mabe has a new partner to innovate.”

Mabe has a new partner and is preparing to make new investments, and innovations in technology and eco-friendly products, said Otto Icaza, CEO of Mabe.   What is the percentage of national components in the products manufactured in Ecuador? We produce induction and gas stoves....
Posted On 10 Nov 2016
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Alvaro Noboa gives up his presidential candidacy for the good of the country

“I have decided to abandon my presidential candidacy,” businessman Alvaro Noboa announced this afternoon at a press conference. Noboa proposed last Monday the union of the three presidential hopefuls to choose a single candidate of the opposition for the elections of...
Posted On 10 Nov 2016
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Tax analysis: ‘In the country, we work 82 days a year for the State.’

The tax burden represented 22.7% of the Gross Domestic Product (GDP) in 2015, according to a study by the Chamber of Industries and Production (CIP). In 2006 it was 15.9%. If the collection figures are only collected from the Internal Revenue Service (SRI), the GDP percentage...
Posted On 09 Nov 2016
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Attorney General Galo Chiriboga shall explain Jorge Glas´ link with the Panama Papers

Galo Chiriboga shall respond during his appearance before the Audit Commission of the Assembly on what were the elements for his pronouncement concerning there is no link between the vice president and candidate, Jorge Glas, with the Panama Papers, and shall reveal the requests...
Posted On 09 Nov 2016
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In Guayaquil and Quito, the US elections were followed through the screens

The Consulate General of the United States, in Guayaquil, organized an event for students of five universities Tuesday, to publicize details of the electoral processes of the North American country. Consul Patricia Fietz indicated that there were also students from the...
Posted On 09 Nov 2016
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Ecuador, 10th in a regional connectivity ranking

The high growth of the Internet places the country in the number 10 of connectivity in a ranking of 17 countries in the region. Although the penetration figure is average, its annual growth rate is in the top five. The report was published by the Economic Commission for Latin...
Posted On 09 Nov 2016
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Ecuador will export for the first time vessels to the Panamanian market

The country’s largest shipyard, Astinave, is preparing to export three maritime vessels to Panama. It is the first sale of this type that Ecuador would target during its commercial career. After an international bidding process, in which the shipbuilding company had to...
Posted On 09 Nov 2016
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Alvaro Noboa insists on a strong candidacy of the opposition

Alvaro Noboa does not lose hope that the opposition chooses a single presidential candidate to face the ruling party in the elections of February 2017. On the afternoon of November 7, 2016, the presidential candidate called a press conference in Guayaquil to announce that he is...
Posted On 08 Nov 2016
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An Army Corporal of Salinas was killed in an explosion at the Latacunga barracks

At 06:41 last Monday there was an explosion in the Brigade of the Patria Special Forces, located in Lactacunga, where the Army Corporal Felix Echeverria Martinez died. In the military compound, the movement was intense after the event, because units of different institutions...
Posted On 08 Nov 2016
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Alvaro Noboa proposes the fusion of the four presidential hopefuls

The presidential candidate for the Adelante Ecuatoriano Adelante (AEA) party, Alvaro Noboa, announced yesterday that he was willing to depose his nomination if the three other candidates did the same and chose one among all. He was referring to Guillermo Lasso, Cynthia Viteri,...
Posted On 08 Nov 2016
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