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Food dispensers for stray dogs in Quito

Now stray dogs can feed themselves with dignity thanks to food dispensers placed in the historic center, Los Libertadores neighborhood and the Quitumbe bus station in the south of Quito. Maria Carrera, of the shelter Friends of Isabella, began this work in Quito a month ago just...
Posted On 29 Jul 2015
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Drop of Chinese stock markets puts downward pressure on crude

Texas Intermediate oil (WTI) closed Monday at $ 47.39 a barrel, this time driven by the drop in Chinese stocks. In an interview, President Rafael Correa said that the country is ready to withstand an oil price of up to $ 20. This, despite the fact that the 2015 proforma budget...
Posted On 29 Jul 2015
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140,000 tourists visited Ecuador in 2014

According to the Ministry of Tourism, about 1.55 million travelers entered the country in 2014. In 2013, the figure was 1 364 057. In percentage terms, this translates into an increase of 14% from one year to another. Most tourists came from Colombia. They are followed by US...
Posted On 29 Jul 2015
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Energy projects received 35% of public investment

Until the 22nd of July, the 35% of investment planned for this year was spent, ie USD 2 987.3 million (accrued data) of the expected 8 547.4 million were invested, according to the National Information Service (SIN for its Spanish acronym). This means that in almost seven months...
Posted On 29 Jul 2015
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EU treamlines customs system to facilitate trade

Yesterday the European Commission approved its proposal to simplify and modernize the integrated customs system of the European Union in order to facilitate international trade. With this payment processes of fees and the requirements will be harmonized to obtain the entry...
Posted On 29 Jul 2015
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Mobile operators compete to have more customers

Since yesterday, the three mobile operators include 4G technology to improve the speed of mobile internet. Claro was the last to feature this service. According to its representatives, the operator took the time to provide the best service. At first, only Quito and Guayaquil have...
Posted On 29 Jul 2015
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Taxpayers may benefit from the 100% remission of SRI debt penalty charges 

Until today taxpayers who have debts with the Internal Revenue Service (SRI for its Spanish acronym) (interests, penalties and surcharges) may benefit from the 100% remission of these additional payments under the Remission Law. Those interested must cancel the total debt capital...
Posted On 29 Jul 2015
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Deposits in the financial system increased by 2.5% in June

Deposits in the financial system recorded a lower growth rate in the first half of 2015, according to data from the Superintendency of Banks (SB). As this occurs, some institutions seek to encourage savings through promotions and sweepstakes. According to the SB, total deposits...
Posted On 29 Jul 2015
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Exemption from payment of income tax to foreign companies was analyzed in a forum

Foreign companies investing in the country would have five years of exemption from the income tax payment as a sectorial incentive and 10 years of tax exemption to those that generate basic industries. These would be some of the benefits that the government offered to a group of...
Posted On 29 Jul 2015
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