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The bitter and tough times for sugar and cement

Figures of concern in a year of economic complications as 2015 are sales. And the situation is clear: the construction and sugarcane are the hardest hit sectors. Companies are raising their financial statements with the Superintendency of Companies and until last Friday some of...
Posted On 16 May 2016
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Brazil warns Ecuador and other Bolivarian countries, it will raise the tone of voice if necessary

  The new Brazilian Foreign Minister Jose Serra, said he will “raise the tone of his voice” if necessary to respond to the “falsehoods” of those who have criticized the process that suspended President Dilma Rousseff and gave power to Michel Temer....
Posted On 16 May 2016
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VAT increase from 12% to 14% would apply from June 1st in Ecuador

  From June 1st, 47% of the prices of the products that are part of the monthly expenses of a common Ecuadorian household would increase due to the hike of the value added tax (VAT) from 12% to 14%, according to a report released by the Corporation for Development Studies...
Posted On 16 May 2016
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Pacific Refinery describes as “arbitrary” the entry of Yasunidos

  The Pacific Refinery issued a statement which ensures that the entry of a group of about 50 people on Saturday May 14, 2016 was arbitrary. It also ensures that these people failed to respect the security guards, “covered in support of an environmental...
Posted On 16 May 2016
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Ecuador companies contributed with $ 2.7 million in cash

  At least $ 2.7 million is what private companies have donated in cash so far for the victims of the earthquake that struck Manabi and Esmeraldas a month ago. The figure is included in a preliminary report by the Coordinator Ministry of Production. Deputy Minister of the...
Posted On 16 May 2016
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Difficulties in finding a job

  Saying that there are about 140,000 young people unemployed in Ecuador and nearly eight million in Latin America may sound like simple data. But by midmorning a queue that extends to more than one block of guys handing resumes to get a job can be seen in Guayaquil...
Posted On 16 May 2016
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Artists come together in ‘Ecuador here I am’

  The Ecuador here I am concert organized by Quito singer Juan Fernando Velasco in favor of the victims of the earthquake of last April 16 that left 661 dead and destroyed towns and villages of Manabi and Esmeraldas was held yesterday. It also caused damage in Los Rios,...
Posted On 16 May 2016
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Calls for calm and respect for the military Social Security continue

  The military received yesterday a new letter attributed to President Rafael Correa to explain the situation of the Social Security Institute of the Armed Forces (ISSFA). The email arrived early to the offices of the High Command. The letter, which begins with...
Posted On 16 May 2016
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