Day

  Three years after the former president of the Central Bank of Ecuador (BCEfor its Spanish acronym) of the cousin of President Rafael Correa Delgado, Pedro Miguel Delgado Campana, publicly accepted that he forged a university degree in economics, justice has not yet...

  Labor Minister Leonardo Berrezueta, announced this morning that the unified basic wage of 2016 will increase by $ 12. Thus, the minimum wage required by law for workers in Ecuador goes from 354 to $ 366 monthly. The increase was announced by the minister during a tour with...

  The vice president of Ecuador Jorge Glas said that health registrations for products intended for exports will no longer be necessary. The other goods that still require these permits, such as those intended for domestic consumption, will be delivered in an agile way...

  Since the end of the game, everybody celebrated the 13th championship title calmly. Just after the final whistle of referee Daniel Salazar, the players threw on the floor and embraced. They also had time to console the players of Liga de Quito, who were sad to lose the...

  The mining sector is one of the prioritized ones by the Ecuadorian strategy to expand its state revenue sources. But in 2014 it suffered a decline (latest figures available at the Central Bank of Ecuador) across the board. Gold, silver, clay, limestone, kaolin, feldspar,...

  The recruitment process for the construction of three hospitals in Quito, Guayaquil and Machala by the Ecuadorian Institute of Social Security (IESS) at a cost of $ 580.5 million approved in July this year, generated views within the Management Council of that body. The...

  Lawyers prevail in the list of advisers of level 1 of the National Assembly. Until last September, the body recorded 171 professionals, of which 53% have degrees related with law. The other half of advisers are engineers (13%), with degrees in Social Communication (9%) and...

  The president of the Ethics and Disciplinary Commission of Alianza PAIS (AP), Carlos Marx Carrasco, issued a press release on Saturday in which he states that the sanction to his peer, legislator Fernando Bustamante, includes the political commitment to assign his position...

  The behavior of the global market continues the drop trend  in the price of oil. Thus, last Friday, a barrel of “light sweet crude” (WTI), benchmark price used for the Ecuadorian oil, for January delivery, lost 22 cents to settle at $ 34.73. With this figure...

  Employers of the private sector have starting from today four days to pay the thirteenth salary. Section 111 of the Labour Code regulates the payment of this bonus, known as Christmas bonus. It corresponds to full pay, ie, salary plus bonuses, overtime, commissions, etc....