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The INEN winks at international standards rather than national ones

Ecuadornews:     The Ecuadorian Standardization Service seeks to adopt international quality standards, with a view to developing goods that compete in the world market and not only in the local market, says Executive Director of the Agency César Díaz Guevara. The goal...
Posted On 20 Jul 2017
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The Odebrecht case advances thanks to confessions

Ecuadornews:     Another ‘regretful’ person. The Odebrecht case in Ecuador adds another person involved willing to cooperate with information in exchange for benefits in the trial: José Terán. The defendant, an attorney who worked for the Brazilian...
Posted On 17 Jul 2017
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A brewing company announces agreement to sell brands

Ecuadornews:   Through a statement published in several media, the ABInBev brewer company, a product of the merger between InBev and SabMiller, announced an agreement with a group of local investors to sell certain assets and brands. The identity of the investors was not...
Posted On 17 Jul 2017
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A contribution of 10 cents per cup for coffee growers

Ecuadornews:     Coffee for Change is an emerging company seeking to demonstrate that a sustainable model for the coffee business is possible. The initiative proposes to implement a “value-sharing” formula that collects 10 cents per cup of this beverage to...
Posted On 14 Jul 2017
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The ECLAC places the port of Guayaquil in the seventh position

Ecuadornews:     The potential of the Guayaquil port ranks seventh. This is the position granted by the Economic Commission for Latin America and the Caribbean in the ranking of ports in the region of 2016. The local infrastructure reached that rank after having...
Posted On 13 Jul 2017
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A hard blow to banana farmers

Ecuadornews:     Hollywood-style “vampirism” is “trendy” again among the plans of banana farmers that, burdened by low prices, must immediately reduce their production. Nailing a stake into the heart of the plants is the option before...
Posted On 13 Jul 2017
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“We need measures to prevent imports from being triggered”

Ecuadornews:     “Technically the country has entered a phase of expansion, that is to say, we have already passed the bump and started to grow,” explained Verónica Artola, manager of the Central Bank of Ecuador. In an interview, the economist deepened into...
Posted On 11 Jul 2017
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Caminosca case, in the files of Ricardo Rivera

Ecuadornews:     An international arbitration on the purchase of the Ecuadorian firm Caminosca, travel records, alleged unjustified payments and a web of ghost companies are part of the file with which the prosecution accuses Ricardo Rivera, uncle of Vice President...
Posted On 10 Jul 2017
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Positive banking figures reflect the recovery of the economy

Ecuadornews:     Assets of Ecuadorian banks show a 14.9% increase, according to the report published by the Association of Private Banks of Ecuador (Asobanca). This category was $ 32,387 million in June 2016 and in the same period this year, it recorded an increase of $...
Posted On 10 Jul 2017
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Tariffs must be sacrificed to encourage exports

Ecuadornews:     Import tariffs on a yet undetermined number of raw materials will be reduced. This is what the Ministry of Foreign Trade is studying, according to statements of Minister Pablo Campana, yesterday at the closing of the Third Round of Negotiation for a...
Posted On 07 Jul 2017
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