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Guidelines announced for electronic money system

Electronic money guidelines announced Ecuador’s Central Bank has set limits of $2,000 per month and $300 per day for transactions under its new electronic money system. For companies, the limit is $20,000 per month, but the amount can be extended with prior approval,...

Ecuador car sales sluggish

National car sales show little growth Car dealers are blaming national tariffs and import quotas on continuing slow sales. In the first nine months of 2014, sales grew only 1.31%. The president of the Association of Automobile Companies, Diego Luna, says that growth...

Tram opponents demand investigation of project contracts

A delegation calling itself the Cuenca Civic Collective is asking the country’s comptroller general to investigate the financial arrangements of the city’s light rail system, Tranvía de los Cuatro Rios. Collective members are demanding that the investigation begin...

Ordoñez Lasso construction work set to begin in early 2015

Ordoñez Lasso construction to begin in early 2015 Ecuador’s Ministry of Transport and Public Works (MTOP) says it has almost completed right-of-way purchases for the expansion and reconstruction of Av. Ordoñez Lasso and work should begin in February or March 2015....

Holiday sales already going strong on Doce de Abril

Although the date of Cuenca’s independence from Spain doesn’t arrive officially until Monday, holiday activities are already in full swing. Vendors of crafts, housed in white tents along Av. Doce de Abril, have been busy making sales since Tuesday. Doce de Abril...

Hogar Esperanza News

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The Cuenca Dispatch

Week of April 26

Reservoir drop renews pressure on Ecuador’s electric grid.

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New naval station aims to shut down drug routes through Gulf of Guayaquil.

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Ecuador turns to targeted tax changes to raise $1.5 billion under IMF program.

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Fabianos Pizzeria News