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Government expects remove Port Authorities in Ecuador

President Rafael Correa announced this morning in Manabi, which is expected eliminate the Port Authorities of Port Bolivar, Guayaquil, Manta and Esmeraldas through an executive decree and thereby become administered by a Secretariat for ports and four managers. Correa said that...
Posted On 04 Apr 2014
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Ecuador ranks 50 according to ranking of social progress

 Ecuador ranks 50th among 132 countries, in the ranking of social progress, according to a study conducted by Social Progress Imperative, a non-profit organization, and which was released yesterday by the private firm Deloitte in Ecuador. According to the analysis, at the South...
Posted On 04 Apr 2014
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CNE needs $800 k to verify signatures by Yasuni

The National Electoral Council (CNE) needs about $800 billion to implement the operating plan for the processing of signatures that will support the appeal a referendum to allow or not the exploitation of oil in a part of the Yasuni National Park. However this expenditure was not...
Posted On 04 Apr 2014
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Electronic money via mobile

Electronic money system is ready and will be implemented from this year. The project will allow that every citizen, regardless of their level of income, to open a cash account. The operation will be fulfilled at the Central Bank. After opening the account, the user must link it...
Posted On 04 Apr 2014
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Casa Tosi employees received their salaries

The Salaries for the last two weeks of March,of the 250 employees of Casa Tosi, the store that closed last Tuesday, were already accredited. So reported the administrator, Cesar Garcia, who spoke with dozens of workers who asked information at 10:00 yesterday.   Regarding the...
Posted On 03 Apr 2014
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Tariff of 30% raises the costs of electric induction cookers

Electric cookers, promoted by the Government since August of last year to replace gas cookers, which demand an imported and subsidized fuel, have a 30% duty, according to the Servicio Nacional de Aduanas (NES) website.The subsidized represented to the country $ 522 million last...
Posted On 03 Apr 2014
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Casa Tosi closes permanently

Casa Tosi closes its doors; the administrative management announced it this morning to their employees, with who they met in the Auditorium of the Central Bank in Guayaquil.   The matrix, located in Pedro Carbo and Aguirre, was closed, while the workers of the establishment could...
Posted On 02 Apr 2014
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COMEX released 10 raw materials of INEN

The Committee on trade (Comex), excluded 10 imported raw materials from the presentation of the certificate of recognition to the Ecuadorian Institute for Standardization (INEN).These materials range between condiments and seasonings (sauces and dressings), bacon without lean...
Posted On 02 Apr 2014
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The problems on imports are normalized

Progressively, the importation of products and inputs of the cosmetics industry is normalized, although it is still necessary to reduce the times, said executives of this sector.   On December 3rd came into effect the resolution 116 of the Committee of Foreign Trade (Comex),...
Posted On 31 Mar 2014
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Tax advisory businesses increase

From today, natural people who forget to pay the income tax,  will receive a fine of 3% on the payable value (from $10, $20 and $60 to declare.) The payment is according to the penultimate digit of the Id card.   To avoid problems with payments, there are those who seek advice on...
Posted On 31 Mar 2014
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