Daily coverage from across the country, written for the expat community
Results for “rice”Clear
Primicias reports that mortgage-credit disbursements grew 22% in the first quarter of 2026 compared with the same period in 2025. Sales, project visits and net reservations also rose, giving buyers and renters another signal that the housing market is tightening.
Two vehicle dealerships in Quito's Iñaquito sector were closed after complaints from buyers who said they paid about $2,500 and never received cars. Expreso reports victims have filed complaints with the Fiscalía.
Monthly inflation reached 0.53% in April 2026, driven mainly by transport costs, with annual inflation at 2.6%. Meanwhile Ecuador's tariff on Colombian goods escalated to 100% on May 1. What it means for anyone living here on a fixed or foreign income.
An addendum to the AC59 trade agreement will lower the import tariff on cars made in Argentina from 16.1% to 10%. Industry expects the deal signed in the second half of June. The Toyota Hilux, a Toyota SUV, and the Ford Ranger are the models in play.
Decreto Ejecutivo 378 extends national transport compensation through June 15, delaying a politically painful fare increase. Loja has already raised fares to $0.36; Cuenca, Quito, Guayaquil and Ambato all see different responses.
The May 12 price adjustment is official — diesel crossed $3/gallon for the first time, stations in Quito and Guayaquil are running dry, and Ecuador is importing 65% of its fuel. The refinery FCC unit restarts May 15.
The May 6 placement of $1 billion in bonds drew $7 billion in demand from 200 international investors. Country risk is at its lowest since 2014. Here's what it means for the economy.
Drivers in Guayaquil and Quito report stations hiding Extra gasoline before the May 12 price adjustment. Terminal dispatches are down 33%. Fill up now if you can.
After Monday's paralysis that stranded 1.5 million commuters, Quito's blue buses resumed normal service Wednesday. But the underlying dispute is heading to formal negotiations on May 13, and a fare increase to /bin/zsh.65 is on the table.
Ecuador is burning through diesel at a 23% faster rate to keep the lights on. Diesel prices jumped from .11 to .45 per gallon. And the government just failed — for the second time — to secure emergency thermal generation contracts.
After months of escalating tariffs, Ecuador will reduce duties on Colombian imports from 100% to 75%. Cosmetics, medicines, plastics, and automotive parts are the primary categories affected.
Quito woke up without bus service on May 5 as operators cut hours to protest the end of diesel subsidies. The city handles 2 million transit trips daily, and 1.5 million of them depend on these buses.
