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Ecuador's Original English Language Newspaper

Volume 4, Issue 24
January 12, 2020
Municipality collects 14% of 2020 taxes in the first week

Municipality collects 14% of 2020 taxes in the first week

In the first week of collection of taxes for urban and rustic properties, the Municipality has brought in 14% of the projected fees for 2020, says Patricio Abad, the financial director of the local government. According to the latest property tax collection report, citizen payments totaled $1,750,000 in the first week; this amount is expected […]

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Twenty years out, the dollar lowered inflation and narrowed the gap between salary and the basic basket

Twenty years out, the dollar lowered inflation and narrowed the gap between salary and the basic basket

Norma doesn’t remember how much money she had for the grocery purchases 20 years ago, when the currency in Ecuador was the sucre, only that the return varied. “One week the money was reached, and another did not, so there I saw what I cooked my children. Sometimes it was just rice with guineo,” says this 57-year-old […]

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European car prices fall 12% in Ecuador since 2016

European car prices fall 12% in Ecuador since 2016

The impact of the commercial agreement with the European Union (EU) in the automotive sector—that marks its fourth year of a total of seven years in 2020—is reflected in the sale of European vehicles in the Ecuadorian market. According to the Association of Automotive Companies of Ecuador (Aeade), at the end of 2019, the position […]

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Salinas surfer saves Mexican tourist couple from drowning

Salinas surfer saves Mexican tourist couple from drowning

Andrés Torres from Mexico and Jessica Guzmán from Mexico, both 20, enjoyed the sea and the sun in the La Lobería sector, in Salinas, last Sunday afternoon. At an unexpected moment, the two young people were dragged offshore by several waves. The incident occurred just after 5:00 p.m. Some people observed the fact from the tourist viewpoint […]

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Monthly inflation in December 2019 was -0.01%

Monthly inflation in December 2019 was -0.01%

On January 6, 2020, the National Institute of Statistics and Census (INEC) published the Consumer Price Index (CPI). This recent report showed a monthly inflation of -0.01% in December 2019, compared to the previous month which was -0.70%. The annual variation in the last month of 2019 was -0.07%. In December 2018 it was 0.27%. […]

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Deportivo Cuenca fútbol players to make up to $8,000 per month

Deportivo Cuenca fútbol players to make up to $8,000 per month

Deportivo Cuenca will be one of the clubs with the lowest budget in the 2020 season. Yet, the monthly payroll of the football team (and coaching staff) is set at $100,000. The maximum amount any one player will be paid is $8,000 a month. According to Juan Serrano, president of the Football Commission, he has […]

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Tomebamba Rotary Club announces 2020 projects

Tomebamba Rotary Club announces 2020 projects

Health is the base theme of the Tomebamba Rotary Club for 2020. Several projects are underway and waiting for public entities that can join the great work, whose purpose is to serve the community that requires it. Javier Ordóñez, president of the Tomebamba Rotary Club, said that in 2020, they have a range of projects […]

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Number of registered vehicles in Cuenca continues upward trend

Number of registered vehicles in Cuenca continues upward trend

A total of 93,825 vehicles were registered in Cuenca in 2019. That’s 919 more than the 92,906 that were on the roads in 2018. This is in a city that has parking for about 112,000 cars. In January 2019, 3,484 cars were registered in Cuenca. In February that number was added to by another 6,739 car registrations. […]

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Pumapungo Museum exceeded 158,000 visits in 2019

Pumapungo Museum exceeded 158,000 visits in 2019

The Pumapungo Museum received more than 158,000 visitors in 2019, which exceeded the figure of 140,000 reached in 2018. This means an average frequency close to 3,000 weekly visitors. This year a total renovation of the site, its museology and an encounter with Cuzco is planned as in November the museum will turn 40 years […]

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Home gas delivery prices become the prisoner of supply and demand

Home gas delivery prices become the prisoner of supply and demand

The price of gas delivered at your home will not be regulated by the Agency for Regulation and Control of Hydrocarbons (ARCH) and will be subject to the free supply and demand of the product, said Juan Manuel Rodríguez, regional director of the institution. This comes after citizen requests that ARCH establish a value of […]

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New cadastre will remap Cuenca for the first time in 22 years

New cadastre will remap Cuenca for the first time in 22 years

It’s considered an ambitious but very necessary project for Cuenca: the restructuring of the cadastre (property register) of the urban area of ​​the canton will contemplate a range of changes and obtain an approximation of the reality of the city through an integral census of the properties. The last time that the cadastre of Cuenca […]

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Sale of pets is prohibited in El Arenal

Sale of pets is prohibited in El Arenal

The sale of companion animals such as dogs and cats is now “totally prohibited at the Feria Libre,” according to the municipal director of Markets, Marcelo Álvarez Toral, who warned that all pets that are sold in the sector will be rescued and given up for adoption by the Citizen Guard. The decision, according to […]

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