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Economy

Ecuador creates draft bill to boost direct investment

The secretary of state said this bill comes after the signing of decree 252 in which the president asks different institutions of the public sector to propose policies to generate production and jobs.

Friday, 16 February 2018 16:09

We seek responsible mining in Ecuador following implementation of referendum, says minister

The official affirmed that they cannot stop oil exploitation in the Yasuni’s ITT field.

Thursday, 15 February 2018 10:19

Ecuador promotes new and better air transport services for the country and the region

More than 600 people from the aviation sector in the American continent, including airlines, airports and tourism authorities gathered in the Ecuadorian capital. The fair aims at reaching agreements that allow developing the aviation sector in a better way.

Thursday, 15 February 2018 09:30

US House of Representatives approves GSP renewal for Ecuador

The Foreign Ministry added that once procedures conclude in both Parliament Chambers, President Donald Trump must sign the law for the GSP to come into force.

Wednesday, 14 February 2018 10:32

Ecuadorian government focuses efforts on maintaining economic growth registered in 2017

The chief of state and minister Garcia led Thursday a meeting on economy, production, infrastructure and promotion which dealt with topics aimed at maintaining the Ecuadorian economy’s growth.

Friday, 09 February 2018 10:41

Tax collection increased by 9,4% in 2017

During all months of 2017, national sales reported a sustained increased. In March 2017, for example, collection increased by 12% in comparison to the previous year.

Thursday, 08 February 2018 12:17

Ecuador anual inflation at -0,09%, the lowest since 2009

The monthly average is slightly higher than that reported in December when it stood at 0,18%.

Tuesday, 06 February 2018 15:18

Minister of Hydrocarbons says Petrochina, Unipec, Thailand’s PTT willing to negotiate contracts

Ecuador’s minister of Hydrocarbons affirmed that meetings were held this week with Thailand’s PTT in Houston.

Friday, 02 February 2018 09:52

Ecuadorian government expects to sign concession contract for Manabi’s Refinery on May 24

Minister of Foreign Trade Pablo Campana affirmed that tax benefits for investors include income tax exemption.

Thursday, 01 February 2018 10:46

Mining projects in Ecuador to attract $1bn from foreign investment in 2018

An investment of 750 million dollars until 2019 was made in the Fruta del Norte project, located in Yanzantza, province of Zamora Chinchipe and operated by Lundin Gold.

Monday, 29 January 2018 11:05