The extension adds no curfew but keeps extraordinary police and military powers in force across the province. Azuay will remain under a state of exception for another 30 days as the national government says organized criminal groups continue to operate in Cuenca and...
The SRI now lets eligible owners apply online and automatically renew the benefit in future years. A tax break that many older vehicle owners in Ecuador may overlook can now be requested entirely online, making it easier to reduce one of the charges that appears...
A free independent mediator offers customers another route when a bank complaint fails to resolve a dispute. When a bank rejects a complaint over a disputed charge, unexplained fee or other problem, customers in Ecuador have another place to go before deciding the...
Azuay ranked among Ecuador’s leading destinations as the August holiday produced decade high national tourism results. Ecuador’s August 10th holiday produced the strongest tourism results for that holiday in at least a decade, with more than one million trips nationwide and almost $70 million in estimated spending—and Azuay ranked among the country’s most visited destinations. […]
A restored Baldwin steam engine has returned after 22 years reconnecting the city with its railway past. A 125-year-old steam locomotive has returned to Cuenca after more than two decades away, bringing back a piece of a railway era that once transformed how the city connected with the rest of Ecuador. Locomotive No. 14, built […]
New university data adds urgency to a cheaper government plan for fixing one of Cuenca’s worst bottlenecks. The average trip across Cuenca now takes about 34 minutes, up from roughly 22 minutes in 2000, while residents collectively make an estimated 1.5 million trips every day. The numbers help explain why traffic has become one of […]
The upgrade recognizes stronger finances and market access but leaves Ecuador well below investment grade. Ecuador has received its first upgrade to a “B” long-term sovereign credit rating from S&P Global Ratings in six years, a sign that the country’s financial position has improved even though the rating agency continues to see substantial economic and […]
Pump prices are easing while refinery problems keep Ecuador unusually dependent on imported gasoline and diesel. Drivers in Ecuador are paying slightly less for gasoline and diesel this month, but behind the two-cent reduction at the pump is a less reassuring development: the country is importing more refined fuel than it did two years ago. […]
The reservoir remains nearly full but falling inflows are drawing attention ahead of the critical dry season. Ecuador’s most important hydroelectric reservoir is approaching the annual dry season nearly full, giving the country an important electricity reserve even as the amount of water flowing into Mazar has fallen sharply compared with last year. Between August […]
One in four new vehicles now uses hybrid or electric technology and support businesses are racing to adapt. Ecuador’s new-car market is changing much faster than it was even a year ago: roughly one in every four vehicles sold in the country between January and July was either hybrid or fully electric. According to figures […]
Industry leaders want a public registry and stronger qualifications as complaints expose risks in an informal market. Buying a house or condominium in Ecuador may eventually come with a new way to answer a surprisingly basic question: is the person handling the transaction actually qualified to work as a real-estate professional? The Ecuadorian Real Estate […]
Regional earthquakes renew questions about evacuation planning and whether Cuenca homeowners have the insurance protection they expect. The magnitude-7.4 earthquake that struck Colombia on August 10th was felt across a broad region, including parts of Ecuador, but scientists say it is not evidence that another large earthquake is now “moving” toward Ecuador. What the event […]