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Ecuador's Original English Language Newspaper

 First ISD reduction in 2023 begins on February 1st

Published on February 07, 2023

Facebook Twitter Google+ LinkedIn Update to: Lasso decrees reductions of VAT, ICE and ISD taxes Published: Volume 7, Issue 15 The Foreign Currency Outflow Tax (ISD) rate will drop from 4% to 3.75% as of February 1st, 2023. The rate will be down to 2% by the end of the year. The Foreign Currency Outflow […]

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“What happened on Sunday was a call from the people to the Government and we are not going to evade that responsibility,” said Guillermo Lasso about the defeat of the eight referendum questions.

The president called on the entire political leadership of the country to “build a great deal.” Ecuador President Guillermo Lasso ended the silence he’s been observing since the end of the elections held this past Sunday, and spoke on Monday night about the official data, which up to now reflects that none of the eight […] To view this article you must have an active subscription. Already a member? Sign in. Subscribe to weekly reports on Ecuador’s economics, politics, crime and more. Not sure you want to commit? Don’t worry, you can cancel anytime. For a limited time,subscribe now and get your first month for only $1. Regular subscriptions available at $4.99/month or $42/year. Subscribe now!

Avian influenza in Ecuador leads to over 1.2 million poultry deaths

A vaccination plan for poultry against avian influenza will begin in the provinces of Cotopaxi, Tungurahua and Pichincha. Vaccination against avian influenza (or HPAI) will begin in the next eight weeks, reported the Minister of Agriculture and Livestock (MAG), Bernardo Manzano. During an initial phase, more than two million birds will be immunized in the […] To view this article you must have an active subscription. Already a member? Sign in. Subscribe to weekly reports on Ecuador’s economics, politics, crime and more. Not sure you want to commit? Don’t worry, you can cancel anytime. For a limited time,subscribe now and get your first month for only $1. Regular subscriptions available at $4.99/month or $42/year. Subscribe now!

 Lasso: “We are going to continue fighting corrupt, bad judges”

Update to: The Court of Justice of Guayas revokes habeas corpus to alias ‘JR’ Published: Volume 6, Issue 31 The President of the Republic, Guillermo Lasso, announced that the Government will not allow the release of the leader Los Choneros, Junior Roldán Paredes, alias ‘JR.’ President Guillermo Lasso reacted to the order issued by a […] To view this article you must have an active subscription. Already a member? Sign in. Subscribe to weekly reports on Ecuador’s economics, politics, crime and more. Not sure you want to commit? Don’t worry, you can cancel anytime. For a limited time,subscribe now and get your first month for only $1. Regular subscriptions available at $4.99/month or $42/year. Subscribe now!

Too bad we aren’t just talking about silent films

“The lunatics have taken over the asylum.” Richard A. Rowland, who was the head of Metro Pictures, first used this expression in 1919 when the famous silent-movie stars Charlie Chaplin, Douglas Fairbanks, Mary Pickford and director D.W. Griffith opened the movie company United Artists, to protect their work and control their careers. United Artists went […] To view this article you must have an active subscription. Already a member? Sign in. Subscribe to weekly reports on Ecuador’s economics, politics, crime and more. Not sure you want to commit? Don’t worry, you can cancel anytime. For a limited time,subscribe now and get your first month for only $1. Regular subscriptions available at $4.99/month or $42/year. Subscribe now!

Cuenca’s new wastewater risks losing funding

Cuenca has needed a second wastewater treatment plant since 2015. Although it has financing, the tender has been on hold for 19 months. The tender for a new wastewater treatment plant in Cuenca has been on hold for 19 months. This process began in June 2021, but the Telecommunications, Potable Water and Sewerage Company (Etapa), […] To view this article you must have an active subscription. Already a member? Sign in. Subscribe to weekly reports on Ecuador’s economics, politics, crime and more. Not sure you want to commit? Don’t worry, you can cancel anytime. For a limited time,subscribe now and get your first month for only $1. Regular subscriptions available at $4.99/month or $42/year. Subscribe now!

Illegal gold mining grows as drug traffickers expand reach

According to the Government, illegal mining is growing because it receives more and more money from drug trafficking, which is why it has been declared a threat to national security. There are illegal mining camps in 17 of the 24 provinces of the Coast, Sierra and in the Amazon of Ecuador, according to the Agency […] To view this article you must have an active subscription. Already a member? Sign in. Subscribe to weekly reports on Ecuador’s economics, politics, crime and more. Not sure you want to commit? Don’t worry, you can cancel anytime. For a limited time,subscribe now and get your first month for only $1. Regular subscriptions available at $4.99/month or $42/year. Subscribe now!

Relaxed requirements lead to almost 20,000 new Ecuadorian companies in 2022

In 2022, 19,601 companies were created, that is, 19% more than in 2021, according to the Superintendency of Companies. In 2022, a total of 19,601 companies were incorporated in Ecuador, which represents a growth of 18.7% compared to 2021. This is reflected in the statistics of the Superintendence of Companies, Securities and Insurance. The percentage […] To view this article you must have an active subscription. Already a member? Sign in. Subscribe to weekly reports on Ecuador’s economics, politics, crime and more. Not sure you want to commit? Don’t worry, you can cancel anytime. For a limited time,subscribe now and get your first month for only $1. Regular subscriptions available at $4.99/month or $42/year. Subscribe now!

Three supermarket groups invested heavily in Cuenca during the Covid-19 pandemic

The largest private money investments in Cuenca since the start of the pandemic have come from three groups: Corporación Favorita, Grupo Ortiz and the Conorque company. One of the most important is the construction of a Megamaxi, the first in the city. Three economic groups have invested in Cuenca in the last five years to […] To view this article you must have an active subscription. Already a member? Sign in. Subscribe to weekly reports on Ecuador’s economics, politics, crime and more. Not sure you want to commit? Don’t worry, you can cancel anytime. For a limited time,subscribe now and get your first month for only $1. Regular subscriptions available at $4.99/month or $42/year. Subscribe now!
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