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Telefónica transfers the headquarters of the Ecuadorian company Otecel to Madrid

Telefónica has decided to change its subsidiary in Ecuador. From Amsterdam to Madrid. The operator has transferred the headquarters of Ecuador Cellular Holdings BV, holder of the division´s shares in the South American country, which has become a limited company under the Spanish...
Posted On 04 Jan 2017
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More than 110 tons in 2016

2016 was a year of criminal reductions, great drug seizures, and reduced homicides for criminal violence. This was explained yesterday by the Interior Minister, Diego Fuentes, in a press conference in which he presented the final statistics managed by the National Police and the...
Posted On 04 Jan 2017
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Thousands of primary care physicians do not have access to postgraduate scholarships

The Ministry of Health has signed agreements with 18 universities for the training of specialists. From 2013 to 2016, through the Human Talent Strengthening Project, it has invested USD 111 million, out of a total of 300 million available until 2020. Despite this effort, there is...
Posted On 04 Jan 2017
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Zaruma continues to sink by mining

The situation of Zaruma is critical and any action that will stop the collapse in the center of this city has yet been taken. Authorities of El Oro Emerging Operations Committee arrived in the county yesterday to assess the collapse of block three, which has affected La...
Posted On 04 Jan 2017
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Tame terminated 69 occasional contracts

The state company Tame EP announced yesterday the termination of 69 casual contracts within a process of optimization of resources. According to an official statement from the company, occasional contracts do not generate job stability and can be terminated at any time. As of...
Posted On 04 Jan 2017
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Oil starts 2017 with highs and lows

The first day of the year the crude price surpassed 55 dollars per barrel in the case of Texas oil (a reference for Ecuador), finally, prices fell by 2.6% An escalation of the dollar to its highest level since 2002 and a profit-taking were the spoilers of the first day of 2017 at...
Posted On 04 Jan 2017
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10 economic changes in Ecuador that will mark 2017

1.- The agreement with the EU, since January Since Sunday, January 1, 2017, the trade agreement with the EU is in effect, which allows that 99.7% of agricultural products and 100% of industrial and fishing goods enter the bloc without paying tariffs. Among the products are...
Posted On 04 Jan 2017
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The habeas corpus petition filed by Carlos Pareja Cordero was accepted in Peru, according to Jorge Zavala

Attorney Jorge Zavala Egas, who defends Carlos Pareja Cordero and his son Carlos Pareja Dassum, said Tuesday afternoon that the habeas corpus petition filed in Peru in favor of his clients was accepted and that “they can now move through Peruvian territory without being...
Posted On 04 Jan 2017
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The public sector is banned from making contracts with the Brazilian firm Odebrecht

Public sector institutions are prohibited from signing contracts with the Brazilian firm Odebrecht, while the alleged payments made by the construction company to obtain contracts in Ecuador and other countries of the world are investigated, announced yesterday Attorney General...
Posted On 04 Jan 2017
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Ecuadorians are warned in the US about the “detriment” of voting for Alianza PAIS

The Inter-American Institute for Democracy (IID), based in Miami (USA), alerted Ecuadorian voters this January 3 about the mistake of voting for the ruling party Alianza PAIS. According to this organization, the political coalition led by Rafael Correa “has been hurting...
Posted On 04 Jan 2017
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