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SRI reduces taxes by 80% to cars used for work activities

Automobiles of exclusive work use will have an 80% reduction in the Annual Property Tax on Motor Vehicles (IVM for its spanish acronym), this was announced by the Internal Revenue Service (SRI for its spanish acronym).  ” Vehicles of one ton or more, owned by natural...
Posted On 23 May 2014
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Ministry signs environmental license for oil exploitation in Yasuni

This Thursday, the Ministry of Environment granted Petroamazonas the necessary environmental license to begin the process of oil extraction in the Tambacocha and the Tiputini fields, located in the Yasuni National Park. Petroamazonas may “initiate the preparatory activities...
Posted On 22 May 2014
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Gas-cookers factories present losses in sales

Representatives of factories that produce gas-cookers reduced their production in Ecuador between a 50% and more than a 60%. This measure is due to the announcement of the government Efficient Cooking Plan, which plans to distribute 3.5 million electric induction cookers from...
Posted On 22 May 2014
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ECB defends electronic money system

The implementation of the Electronic Money System published on March 20 in the Official Register, will be implemented for approximately the last quarter of this year. Diego Martinez, president of the Central Bank of Ecuador (BCE) defended the new system and said...
Posted On 22 May 2014
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Technology platform of Civil Registration had a coast of $30 million dollars

The recruitment for the implementation of the new technologic platform of the Civil Registration, which issues the identification cards and other public documents, cost more than $ 30 million dollars.  The General Direction of Civil Registration and Identificatio...
Posted On 20 May 2014
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Ecuador and Lebanon sign an economic agreement

Today, Lebanon and Ecuador strenghtened its trade relations with an economic agreement, as reported by the National News Agency (NNA).  The pact was signed by the Lebanese Minister of Economy and Trade, Alain Hakim and the Ambassador of Ecuador in Berut, Kabalan Abi Saab. Among...
Posted On 20 May 2014
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IESS wants to recruit health professionals

Last Friday the Ecuadorian Institute of Social Security (IESS for its Spanish acronym) published a notice in the Socio Empleo website, for general practitioners and specialists to submit their resumes. Until next Thursday whoever wants to apply for the positions must meet three...
Posted On 19 May 2014
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New labeling is more present in products

Products such as: tea , soda, energy drinks , flavored drinks, juices, roasted beans and chicken ham are some of the foods that already have on its labels the graph color system that indicates the level of salt, fat and sugar. This measure corresponds to the Regulations of...
Posted On 19 May 2014
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Induction Cookers will have publicity campaign

The Ministry of Electricity and Renewable Energy will begin an advertising campaign in the media about the acquisition of the new induction kitchens in the course of this week and the next one, which are expected to be distributed since August. Vladimir Gonzalez, Efficient...
Posted On 19 May 2014
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CNE analyzes YASunidos request

Currently the legal coordination of the National Electoral Council (CNE for its Spanish acronym) is considering the challenge filed by the environmental group YASunidos over the results obtained by the activists in the signature verification process, whose mission was to call a...
Posted On 19 May 2014
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