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Pedro Merizalde admits he purchased an ‘offshore’ company

  Petroecuador CEO Pedro Merizalde Pavon admitted Thursday he purchased the Panamanian company Horgan Investments Inc. in 2012, and that he did not include that investment in his declaration of assets. He did so at a press conference in which he did not take questions from...
Posted On 01 Jul 2016
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The collection of signatures is done against the clock

  The 33 national and 59 provincial political organizations that got their password and are in the process of obtaining their legal status in the National Electoral Council (CNE) must submit all the requirements set out in the Code of Democracy until July 18th. The electoral...
Posted On 01 Jul 2016
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Controversy over migrants who would be recorded as if they had voted in 2014, without being authorized

  The list includes names of all kinds. Soccer players abroad, relatives of former civil servants, singers and even journalists. They supposedly appear in the electoral register as if they had voted in the 2014 regional elections. But by being abroad, by law they were not...
Posted On 01 Jul 2016
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Arcotel starts verification requirements for frequency assignments

  Social organizations, broadcasters and other groups came Thursday to the Agency for Regulation and Control of Telecommunications (Arcotel) to apply for one of the 1,472 radio spectrum frequencies that will be awarded through a public tender. The deadline for applications...
Posted On 01 Jul 2016
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Spain wants donate $ 100 million for the reconstruction of Ecuador

  Foreign Minister Jose Manuel Garcia-Margallo today announced that Spain will assist the reconstruction of Ecuador after the devastating earthquake of last April and is working to provide an aid package of about $ 100 million. Garcia-Margallo made the statements at the...
Posted On 01 Jul 2016
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Damages and losses in the Bajo Alto plant, which total 46.2 million

  Repair expenses and losses in the Bajo Alto gas liquefaction plant are almost equivalent to the same cost Petroecuador invested in its construction. The facility, which was opened in November 2011, was built by the Spanish company Ros Roca Indox, which operated it and...
Posted On 01 Jul 2016
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E-commerce Day shows trends and success stories

  With the assistance of 1,200 businessmen and entrepreneurs interested in e-commerce, the E-commerce Day Ecuador was held Thursday at the Marriott hotel, in Quito. 40 lecturers commented on experiences and trends in e-commerce. According to Pedro Pueyrredon, president of...
Posted On 01 Jul 2016
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Proposed reforms for severance pay and pensions bring concern among military

  The morning of Thursday June 30, 2016, Defense Minister Ricardo Patino, continued his tour through the barracks to diffuse the draft reforms for the severance pay and the pensions of the military.   This time the officer arrived at the Artillery Group 1 Bolivar, a...
Posted On 01 Jul 2016
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