• ENGLISH
  • ESPAÑOL
facebook
twitter
  • National>Entertainment
  • National>Local Economics
  • National>Local Politics
  • National>Society
  • National>Sports
BREAKING NEWS
Ecuador’s oil production falls 51% due to national strike
Guillermo Lasso announces that the National Police and the Armed Forces will act with the necessary means to defend public order and democracy
“Cacerolazo” for Peace in Quito
Contecon will extend the free storage time by 40%, in support of the export sector affected by strikes
76.4% of Ecuadorians consider that the national strike should end after the dialogue, according to Cedatos
BanEcuador will forgive debts of up to USD 3,000 to 9% of its clients
Leonardo Bohrer-Nicolás Lapentti, a binomial with a sporting past that seeks to win the elections at the Guayaquil Tennis Club
Commercial sector experienced an economic blow on Father’s Day
Ecuador, among the countries that suffer the most from the war in Ukraine
Desperation in prisons is a ‘ticking time bomb’

Stores estimate a sales increase of 40%

Posted On 29 May 2017

EcuadorNews:

From June sales are going up. Guayaquil stores expect that the growth can be between 30% and 40%. The managers of the stores came to that conclusion thanks to price quotes, they also have noticed that many customers kept their money, to make their purchases in June. Even the evidence speaks for itself.

The Value Added Tax (VAT) should fall from 14% to 12% in June, and surcharges will not be charged. The commercial agreement with the European Union (EU) entered into force six months ago, which allows a group of European products entering the country with tariff preferences.

According to projections of the Central Bank of Ecuador, the country will record an economic growth of 1.4% for 2017, showing that the economic measures adopted by the Government diminished the effects of the adverse international context and natural disasters, complying thus, with commitments to the World Trade Organization.

 

Sources: http://www.expreso.ec/economia/las-tiendas-estiman-una-subida-de-ventas-de-40-CK1369958

About the Author
  • google-share
Previous Story

Venezuelans protested in Quito

Next Story

Lenin Moreno offers openness and transparency to the press

SEARCH

LATEST NEWS

Ecuador's oil production falls 51% due to national strike

Posted On 24 Jun 2022

Guillermo Lasso announces that the National Police and the Armed Forces will act with the necessary means to defend public order and democracy

Posted On 24 Jun 2022

"Cacerolazo" for Peace in Quito

Posted On 23 Jun 2022
Copyright © 2010 - 2019. All Rights Reserved. EcuadorTimes.net