More changes to the Criminal Code

  The first amendments to the COIP were published in the third Supplement of the Official Gazette No. 598 of September 30. Editorial changes, spelling corrections, the replacement of some words, the removal and replacement of paragraphs and the increase of sections are the...
Posted On 27 Oct 2015
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94 projects will be shown to investors

  About 600 people, including businessmen and representatives of investment banks and international investors confirmed their attendance to the Forum of Strategic Investments Ecuador 2015, to be held today in Quito.   In the event, the government will present to attendees about...
Posted On 27 Oct 2015
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Not even Christmas can save the trade

The business sector estimates that its sales will fall between 1% and 2% this year compared with the previous, said Juan Carlos Diaz Granados, executive director of the Guayaquil Chamber of Commerce. $ 207.4 million on purchases will fail to enter, which is the equivalent, as an...
Posted On 27 Oct 2015
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Social network for to keep young people away from alcohol

Retuco is a digital platform that aims to raise awareness in teens to avoid start drinking at an early age and is part of the National Council for Control of Narcotic and Psychotropic Substances (CONSEP). The name was chosen by teenagers, since Retuco means in Spanish...
Posted On 27 Oct 2015
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Alert by reversion of frequencies

  On the grounds that several radio stations and television obtained theit frequencies without the approval of a “competent authority,” last September the Legal Department of the Agency for Regulation and Control of Telecommunications (Arcotel) proposed to start...
Posted On 27 Oct 2015
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Ecuadorian industries concerned about Ad on dangers of meat and sausages 

Consumption of red meat and processed meats has raised international alert for their possible carcinogenic effect, according to the World Health Organization (WHO). In Ecuador, these products are among the most demanded by households and could involve an expenditure of 19% of...
Posted On 27 Oct 2015
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Businessmen believe that Inheritance bill affects trust

  Employers agree that laws are made to prevent circumvention of the Income Tax (IR), as suggested by the draft law sent by President Rafael Correa, last Friday, to the Assembly.   In something they disagree is that it is not the best moment, even if the proposal the...
Posted On 27 Oct 2015
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The president denies rapprochement with the IMF and announced further review of subsidies

Rafael Correa, president of Ecuador, refused a rapprochement with the International Monetary Fund (IMF) and announced he will cut electricity subsidies, according to a post on his Twitter account. On the alleged agreement with the multilateral agency, Correa said this is a lie....
Posted On 27 Oct 2015
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Six political movements seek signatures for registration in Guayas

Political movements: Republicano; Generacion, Fuerza y Equidad; Integracion Rumbo al Desarrollo; Raices de pueblos soberanos; and Organizacion, Produccion y Desarrollo, already received the password to collect 45,000 signatures they need to participate in the elections of 2017,...
Posted On 27 Oct 2015
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Politicizing the economy always ends in disaster, says Alberto Dahik

  Former Vice President Alberto Dahik said that Ecuador is going through a deep crisis, whose triggering factor is not only oil but a set of measures such as the 5% tax, the lack of foreign investment, the excessive government spending and the temporary safeguards.   He...
Posted On 27 Oct 2015
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