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Oversight commission requests the Arcotel to extend the term for frequencies tender

  The allocation process of 1,472 radio and television frequencies, conducted by the Agency for Regulation and Control of Telecommunications (Arcotel to), will feature a six-member oversight commission, whose first action was to request an extension of 60 days so...
Posted On 02 Jun 2016
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Concession of the Posorja port would be signed on June 6

  The Ministry of Transport and Public Works enlists the ceremony for the signing of the concession contract for the deepwater port in Posorja with the DP World company, which would be held on Monday at the Presidential palace, according to daily El Universo This despite a...
Posted On 02 Jun 2016
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This is how the differentiated VAT works with electronic money and credit cards

The new 14% VAT rate (Value Added Tax), set by the Law on Solidarity, in force since June 1, 2016 for a maximum period of one year, and published in the Official Gazette on May 20, established a return of up to 4% of the VAT for those who use electronic money to pay for...
Posted On 02 Jun 2016
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Stores set new prices and promotions after the VAT hike

  On the first day of VAT increase from 12% to 14%, stores began the day changing price tags, displaying goods without costs or announcing that they assume the additional two tax points. In the 9 de Octubre avenue, several appliance stores dawned without the traditional...
Posted On 02 Jun 2016
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Assembly members of the Alianza Pais party lead the list of staff absenteeism at the plenary in 4 years

  During the first four months of 2016 as in the previous three years (2013-2015), assembly members of the ruling bloc, the Alianza Pais (AP) assemblymen are in the first places of work absenteeism at the plenary sessions of the Assembly. According to the records of the...
Posted On 02 Jun 2016
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Assemblywoman had no time to submit her counter arguments

  Unlike proceedings brought against former legislator Abdala Bucaram Pulley (PRE party) in 2013 and 2014, days ago the Council on Legislative Administration (CALfor its Spanish acronym) decided to sanction Magali Orellana (Pachakutik party) without giving any deadline to...
Posted On 02 Jun 2016
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Ecuadoreans request the United States to grant them the TPS by the earthquake

  The Ecuadorian community living in the United States yesterday requested the granting of the Temporary Protected Status (TPS) after the earthquake that struck the country on April 16, in a demonstration outside the White House. With posters like “Ecuador without...
Posted On 02 Jun 2016
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Copa America 2016, at risk of not being broadcast by the open television signal in Ecuador

  The last time a soccer tournament was not broadcast by the open signal in Ecuador was in 1984: the European Championship in France. The same could happen now because one of the TV channels seized by the State has not yet managed to close an economic agreement to broadcast...
Posted On 02 Jun 2016
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The final price of premium gas increases between four and five cents

  The rise recorded yesterday in the super gas in various service stations in the country was between four and five cents per gallon. This, following the increase from 12% to 14% of the value added tax (VAT), which is in force since yesterday after the approval of the...
Posted On 02 Jun 2016
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Correa says that those who question his apartment in Belgium are “narrow-souled” 

  President Rafael Correa, made an appearance in the TV show ‘Palabra Suelta,’ broadcast by Ecuador Tv and hosted by Xavier Lasso. In this context, they discussed issues of national policy, the earthquake, the economy but especially the human side of the president. In...
Posted On 02 Jun 2016
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