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National manufacture and sale of toys emerges

The Christmas spirit is on and with it, the factories begin to hire more staff and accelerate their machines to deliver thousands of toys, as every year, line the hangers of stores as Mi Juguetería (My Toy Store in Spanish) of El Rosado Corporation, Juguetón (Playful by its...
Posted On 04 Nov 2014
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Investors buys Pacific National Bank shares

Four private investors bought 100% shares of the Pacific National Bank (PNB) in Miami. This was announced on Monday,November 3 by Efraín Vieira, Executive President of Banco del Pacifico. The four investors are Stephen H. Deckoff, Leslie A. Meier, Mounir Nahas and Michael P....
Posted On 04 Nov 2014
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13.000 companies shall implement new billing system in November

From November 1, the Internal Revenue Service (SRI for its Spanish acronym), will apply the electronic billing service for special taxpayers and exporters. Among the firms that shall use the electronic billing system compulsorily are: financial institutions under the control of...
Posted On 04 Nov 2014
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Mauricio Yepez, former Finance Minister, died in traffic accident

On Sunday afternoon, November 2, the former Finance Minister Mauricio Yepez, died in a traffic accident in Cayambe (Pichincha). According to police reports, the tragic incident occurred at kilometer 23 between the bridge over the Pisque river and the Cochasquí toll, towards...
Posted On 04 Nov 2014
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2014 oil exports will close with record levels

Despite the scenario of falling prices, Ecuador’s oil production will end the year with record levels since the country began to export the product early in the 70s. According to projections from the Ministry of Non-Renewable Resources, 2014 will close with a total...
Posted On 04 Nov 2014
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EU highlights results of CAN reengineering

The representative of the European Union (EU) in Lima, Peru, Irene Horejs, yesterday highlighted the reengineering of the Andean Community of Nations (CAN), of which she said it will consolidate the integration in basic areas. “The Reengineering has been the decision of the...
Posted On 04 Nov 2014
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Kerry calls US-China relationship as the “most important”

The relationship between the US and China is the “most important” of today’s world, said on Tuesday the US Secretary of State, John Kerry, before a trip to Beijing that will take place this week. The chief of the US diplomat estimated that the linkages between...
Posted On 04 Nov 2014
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‘All you need is Ecuador’ will be present at the World Travel Market

Ecuador will present its tourism campaign ‘All you need is Ecuador’ at the World Travel Market in the UK, which will be held from the 3rd to the 6th of November. This is the largest tourism fair of Europe and Ecuador will be present with an Ecuadorian delegation led...
Posted On 04 Nov 2014
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Burkina Faso army promises to give way to civilian government

The new head of state of Burkina Faso, Lt. Col. Isaac Zida, promised to involve all national forces in this transitional stage in the country, after the fall on Friday of the president Blaise Compaoré. In a meeting with diplomats, the Lieutenant Colonel has promised the creation...
Posted On 04 Nov 2014
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CAL will define whether a query should be done for the law that would regulate indigenous justice

The Administrative Board of the Legislature (CAL for its Spanish acronym) will be responsible for determining whether the Law on Cooperation and Coordination between indigenous and ordinary justice systems should be subject to pre-legislative consultation before being approved on...
Posted On 04 Nov 2014
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