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The price of a barrel of oil has a sustained worldwide decline since last June. Ecuador, being an oil producing country, should take into account the development and analysis of the 2015 budget that the Ministry of Finance plans to submit to the Assembly on October 31. According...

Representatives of private courier companies expect to arrange a meeting with officials of the Committee of Foreign Trade (Comex). They want to make proposals to replace the $ 42 tax collection for the parcels within the 4×4 system. Among the approaches, Ximena Cevallos from...

Yesterday took place the fifteenth conference of “Strengthening dollarization, recipes to make this century of the youth”, conference, organized by the Inter-American Business Federation (FIE for its Spanish acronym). Joyce de Ginatta, President of the FIE, said that...

The State of Ecuador loses $ 33.4 million annually due to acts of piracy in pay TV Ecuadorians make, said the Superintendent of Telecommunications, Fabián Jaramillo, at the International Workshop on TV Piracy, which began on Monday, September 22. Jaramillo said that between 250...

This Monday at 14:30 whithin the preliminary hearing trial and opinion support installed for the Cofiec-Duzac Case, the rapporteur judge Paul Iñiguez will issue his decision as to abide or not to the Attorney General’s opinion. Attorney General Galo Chiriboga issued a joint...

From October 15 will in Ecuador start the labeling control in 40 product categories and will end on December 5, indicated Agustín Ortíz, Director of the Ecuadorian Service of Normalization (INEN) .To this, 20,000 monitorings will be conducted in 18 provinces, whereupon 90% of...

The Manager of the Central Bank of Ecuador (BCE for its Spanish acronym), Mateo Villalba, performed on August 17 a payment of $ 3 with electronic money to an official of the same agency. This was the first electronic currency transaction. The system was presented at th...

The IESS Bank (BIESS) will allocate approximately $ 40 million for unsecured loans and secured lending to parents who wish to pay the food alimony or demand processes. This, after making an agreement with the Justice Department yesterday. The loan will have two ways: One, to the...

Migrants should present the consular card to avoid the cost of the $ 42  fee that will be charged for shipments of the 4×4 system (up to $ 400 and up to 4 kilos). 117 thousand (30%) of the affected with this new standard are people who buy through internet and 270 thousand...

The Internal Revenue Service (SRI for its Spanish acronym) warned on Monday, September 15, on the income and marketing of vehicles in an irregular manner through the use of intermediaries and nominees. According to the organization, fake invoices and documents are bei...