Adjustments in stores and purchases in this last day of the 12% VAT

“We will have to stay behind closed doors (Tuesday), changing the prices and labels of thousands products,” said Victorio Yumisacachafla, administrator in charge of G & P Villacis, a wholesale and retail grocery distributor located in the Chile and Ayacucho...
Posted On 31 May 2016
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Workers claim against the discount of a day’s wages

  Workers say this provision violates their constitutional rights. Employers do not like it, but will abide by the law. This measure was included in the Solidarity Law to help the victims of the earthquake of April 16, approved by the Assembly on May 12. Since June, those...
Posted On 31 May 2016
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Coffee production deteriorates

The United States Department of Agriculture, in its “Gain Report” issued on May 2016, accounts for the drop in production and exports of coffee from 2013. It states that the production of Ecuador during the April 2016 to March 2017 period, which is forecast at 201,000...
Posted On 31 May 2016
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209 goods and services that will charge the 14% VAT in Ecuador

Fast foods, ketchup, shampoo, soap, clothing, hair dye, mobile telephony and even the wincha service are among the 209 goods and services for family consumption that will chatge a VAT of 14% from tomorrow , June 1, 2016. These products are part of the basket of goods and services...
Posted On 31 May 2016
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Affiliates of the Peasant Social Security request the resignation of the IESS director

  Monday, just after the change of presidential guard, hundreds of members of the Peasant Social Security of Manabi, Los Rios, Napo, Pichincha and other sectors clamored, outside the Carondelet Palace, the resignation of the chairman of the Ecuadorian Institute of Social...
Posted On 31 May 2016
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Sanctions only aim at the opposition

  Political organizations contrary to the ruling party in the Assembly on the penalty on Pachacutik Legislator Magali Orellana. She was suspended for 30 days without salary, after approaching the podium, claiming the use of the word and offending the President of the Legislative...
Posted On 31 May 2016
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Earthquake in Ecuador: Reconstruction works require more than $ 2,000 million

  Estimates of the amount required to meet the emergency of Manabi by the devastation caused by the earthquake would exceed $ 2 billion, according to Province Governor Mariano Zambrano. The rehabilitation or reconstruction works will start with projects that are ready and...
Posted On 31 May 2016
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Gangs launder counterfeit money in markets toy stores, warehouses …

Behind the big windows Wholesale Market warehouses, in the south of Quito, counterfeit bills of USD 5, 10, 20, 50 and even 100 are exhibited. Food and vegetables stalls, however, exhibit small signs with this phrase “all counterfeit bill will be punched.” In addition,...
Posted On 31 May 2016
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Court sentences 2 Saraguro indigenous people to 4 years in prison

Indigenous Servio A. and Luisa L., of the saraguro community, were sentenced to four years’ imprisonment for the suspension of public services, according to the Court of Criminal Guarantees of this province. Eight more indigenous people were declared not guilty. Another...
Posted On 31 May 2016
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A group of State suppliers declared in a hunger strike

A group of suppliers of the Ecuadorean State, which are considered unpaid, declared Monday on a hunger strike. Located outside the Ministry of Finance, in Quito, protesters claim that the government owe them five months. In early March, Finance Minister Fausto Herrera, said that...
Posted On 31 May 2016
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