Daily coverage from across the country, written for the expat community
Results for “businesses”Clear
Expreso reports that Ecuador's 2026 curfews have accumulated 30 days of restrictions and affected at least 120,000 businesses. One economist estimated losses between USD 16 million and USD 32 million, with the hardest hit in nightlife, restaurants, logistics and small businesses.
The militarization of Puerto Bolívar has surfaced the human cost: at least 300 families forcibly displaced, criminal group Los Lobos occupying up to 500 homes, and the terminal tied to 10.8 tons — 11.24% — of drugs seized nationally. Over 1,000 troops are searching 1,642 homes.
Resolution 2582 declares both countries' tariffs incompatible with the Cartagena Agreement. But with rates still at 75%, business leaders on both sides say trade remains frozen.
A survey of 2,570 companies found that nearly half can't fill open positions. The biggest barriers: lack of experience, weak digital skills, and wages that don't compete.
A four-month investigation culminated in Operación Forseti-Finisterra — 11 arrested including the gang's hit squad leader, firearms and drugs seized, and a criminal network dismantled.
Average salary expectations have dropped 2.66% this quarter to $818, while the basic food basket costs $829. Here's what the gap means for Ecuador's economy and the expat cost-of-living picture.
President Noboa signed Decreto 368 cutting the tourism IVA from 15% to 8% for the May Day long weekend (April 30–May 3). Hotels, restaurants, car rentals, and travel agencies all qualify. Here's how it works.
The government handed over 230 new patrol vehicles in Machala this week, bringing the 2026 total to 420. The $21.3 million purchase was funded by private-sector contributions under Ecuador's security law.
Ecuador's Interior Minister John Reimberg has publicly rejected requests from business sectors — including the Clúster Bananero del Ecuador — for exceptions to the May 3-18 curfew. His line: if anyone gets an exception, everyone does.
President Noboa presented Q1 2026 economic results in a national broadcast. Sales hit $63.2 billion (vs $57.7B Q1 2025). Country risk dropped from 1,908 bps a year ago to 416 today. Public investment jumped from $42M to $533M YoY. Here's what the government is claiming and what to actually take from it.
Starting June 1, 2026, Ecuador's tax authority requires VAT declarations to be filed and paid in a single transaction. Partial payments — even with credit notes — invalidate the declaration. If you run a business, rental property, or freelance income through SRI, this is a meaningful workflow change. Here's what's required.
Guayaquil's water utility Interagua will suspend service across large parts of the city and the Daule corridor this weekend for maintenance. Cuts run from Saturday April 18 at 10 PM through Sunday April 19, with some sectors out until 3 PM. Here's the sector-by-sector breakdown.