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Taxpayers may benefit from the 100% remission of SRI debt penalty charges 

Until today taxpayers who have debts with the Internal Revenue Service (SRI for its Spanish acronym) (interests, penalties and surcharges) may benefit from the 100% remission of these additional payments under the Remission Law. Those interested must cancel the total debt capital...
Posted On 29 Jul 2015
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Mobile operators compete to have more customers

Since yesterday, the three mobile operators include 4G technology to improve the speed of mobile internet. Claro was the last to feature this service. According to its representatives, the operator took the time to provide the best service. At first, only Quito and Guayaquil have...
Posted On 29 Jul 2015
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EU treamlines customs system to facilitate trade

Yesterday the European Commission approved its proposal to simplify and modernize the integrated customs system of the European Union in order to facilitate international trade. With this payment processes of fees and the requirements will be harmonized to obtain the entry...
Posted On 29 Jul 2015
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Energy projects received 35% of public investment

Until the 22nd of July, the 35% of investment planned for this year was spent, ie USD 2 987.3 million (accrued data) of the expected 8 547.4 million were invested, according to the National Information Service (SIN for its Spanish acronym). This means that in almost seven months...
Posted On 29 Jul 2015
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Drop of Chinese stock markets puts downward pressure on crude

Texas Intermediate oil (WTI) closed Monday at $ 47.39 a barrel, this time driven by the drop in Chinese stocks. In an interview, President Rafael Correa said that the country is ready to withstand an oil price of up to $ 20. This, despite the fact that the 2015 proforma budget...
Posted On 29 Jul 2015
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Remission law raises $ 764 million

$ 764 million were raised by the remission process of interests, penalties and surcharges on tax debts, reported the director of the Internal Revenue Service, Ximena Amoroso. The figure is higher than the planned target that was $ 500 million. She explained that during these 58...
Posted On 28 Jul 2015
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Possible investment in the metallurgical industry

In Guayaquil will take place a meeting with representatives of 12 companies from 8 countries with investment projects totaling approximately $ 34.3 million reported, Victor Jurado, executive director of ProEcuador. Jurado pointed out that the employers, contacted and invited by...
Posted On 28 Jul 2015
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Workers demand high wages of administrators of La Clementina estate

The worker-owners of Hacienda La Clementina, that formerly belonged to businessman Alvaro Noboa, reject the $ 40 bonus compared to the monthly salary earned by the administrators. Over a thousand claimants, who gathered yesterday at the Coliseum area, told the administrators they...
Posted On 28 Jul 2015
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Ecuadorian banana gains Swedish market

Ecuador is the first trade partner of Sweden, displacing Costa Rica, that was it for more than a decade. According to the Central Bank, bananas are the main traditional non-oil product Ecuador exports to the world, until May $ 1,251.4 million have been sold. Compared to 2014 the...
Posted On 28 Jul 2015
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SME entrepreneurs expressed concerns to officials

On Monday, craftsmen, micro, small and medium entrepreneurs expressed a number of concerns to the authorities of the front of production in relation to their production activity in the premises of the Chamber of the Small Industry of Pichincha (CAPEIPI). The Coordinating Minister...
Posted On 28 Jul 2015
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