Workers in the private sector will receive this month the second deposit of the Compensation for Time of Services (CTS) of 2021. The CTS is a work benefit of prevention against contingencies that is equivalent to approximately half salary. Glen Arce, an economist at the National University of San Agustín (UNSA), indicated that great caution […]
Tag: Arequipa
Arequipa: the price of a LPG bottle does not decrease and is quoted at an average of S / 47
In the city of Arequipa, the price of a 10-kilo LPG bottle remains at a average of 47 soles. The last increase occurred on Saturday, October 30, and it was the second price increase since LPG entered the Fuel Stabilization Fund. The last hike was around 4 to 5 soles. Previously, another increase of similar […]
Arequipa: Seal will challenge millionaire fine imposed by Indecopi
Last Monday, Indecopi reported that it imposed a fine of 1,000 UIT, equivalent to S / 4,400,000 to the Sociedad Eléctrica del Sur Oeste SA (Seal), finding it responsible for abuse of dominance position. According to the Commission for the Defense of Free Competition (CLC) of the entity, the electricity company applies a discriminatory treatment […]
Indecopi fined Seal, Arequipa’s electricity company, S / 4 million 400 thousand
A drastic sanction fell on Sociedad Eléctrica del Sur Oeste SA (Seal), an electrical company that operates in Arequipa. Indecopi, through the Commission for the Defense of Free Competition (CLC), sanctioned it with a fine of 1,000 UIT (tax tax units), equivalent to 4 million 400 thousand soles. According to Resolution 052-2021 / CLC-INDECOPI, Seal […]
Indecopi: fined S / 4 million 400,000 to the electric company Seal for anticompetitive practices
The National Institute for the Defense of Competition (Indecopi) fined with 4 million 400 thousand soles (1000 UIT) to the company Sociedad Eléctrica del Sur Oeste SA (Seal) for abusing its dominant position by implementing discriminatory treatment of its clients who are in the category of “free users”, in the Arequipa region. Indecopi reported that […]
Fiscal policy and taxes
Patricio Quintanilla Paulet, rector of U. La Salle The request of the Executive Power to the Congress of the Republic, to grant delegation of powers for tax matters, has originated a discussion on the subject. Fiscal policy is the field of economic policy related to state income and expenditures and has two basic objectives: to […]
Arequipa: GRA will ask for more time so that the Majes Siguas II contract does not expire
The Regional Government of Arequipa will ask the company Cobra, concessionaire of the Majes Siguas II project, to extend the expiration date of the contract which is next October 30. To make this request, the regional entity will hold a meeting with the Spanish firm this Friday. The deputy governor of Arequipa, Walter Gutiérrez Cueva, […]
Arequipa: this is how the budget execution of the regional government led by Elmer Cáceres goes
The Regional Government of Arequipa, which was led by the now detained Elmer Cáceres Llica, has so far executed 67.7% of its Initial Opening Budget, amounting to more than 2,034 million soles. If a comparison is made with the rest of regional governments, Arequipa is in the twentieth place of budget execution, below the other […]
Arequipa: Trade manager is in favor of signing addendum 13 of the Majes II project
The regional manager of Foreign Trade and Tourism in Arequipa, Carlos Andrade Couple, consider that the signature of addendum 13 of the The Majes Siguas II project is favorable, because it will allow increasing exports, favoring the integral growth of the region and consolidating production in competitive markets. According to the official, improve agricultural production […]
Arequipa: mining company Bateas will deliver 2.2 million soles a year to the Caylloma district
Arequipa. The Bateas mining company and representatives of the Caylloma district reached a consensus to the signing of the Framework Agreement for the development of the district. Among the main commitments assumed by Bateas, is the voluntary financial contribution of 2.2 million soles per year for 4 years for the creation of the Caylloma Social […]