Articles
Business intelligence and analysis on Ecuador
Ecuador Wants Tax Incentives Tied More Closely to Results
Ecuador is reviewing its tax-incentive system under the ACE 2040 agenda, with a proposed emphasis on results rather than broad eligibility. The redesign could affect how companies evaluate future investment support.
Ecuador’s Seguro Joven Has 16,500 Affiliates. The Formalization Gap Is Larger.
Seguro Joven has reached 16,500 affiliates, while Ecuador’s broader youth labor market remains heavily informal and under-covered. The program’s design also changes when an affiliate turns 25.
Guayaquil Tourism Spending Reached USD 140.3 Million in Q2
Tourists generated USD 140.25 million in Guayaquil during the second quarter of 2026. The city is also positioning its 158 direct international flights and MICE potential as part of a broader business-tourism strategy.
Fuel Stabilization Mechanism Points to a Second Consecutive Price Decline
President Daniel Noboa says Ecuador will lower diesel and Extra and Ecopais gasoline prices slightly on August 12. The adjustment follows five consecutive months of increases and a July change to the pricing formula.
Education Ministry Directs USD 1.354 Million Toward El Nino School Resilience
Ecuador will direct more than USD 1.3 million toward school prevention and mitigation before possible El Nino effects. The identified allocations include USD 1.044 million for infrastructure work and USD 310,000 for flood-mitigation kits.
Guayaquil Port Seizure Puts Export-Chain Security Back in Focus
A container at the Port of Guayaquil contained 1.2 tons of cocaine hidden in 1,080 banana boxes. The reported destination-market value was USD 37.58 million in the United States and USD 58.57 million in Europe.
Cenace Flags Five Transmission Risks Before Ecuador’s 2026 Dry Season
Cenace’s June operating plan identifies five relevant risks in the National Interconnected System ahead of the October 2026-March 2027 dry season. The warnings center on transmission overloads, coincident plant outages, and reserve loss near Guayaquil.
Guayaquil’s Casa Tola Moves Toward Commercial Redevelopment Behind a Preserved Facade
Casa Tola’s deterioration has made redevelopment unavoidable, but the project will preserve the historic 9 de Octubre facade under INPC and Guayaquil municipal oversight. Demolition is expected to take about 60 days, followed by nine to 11 months of construction.
Biess Relaunches Property-Auction Platform With Listings Across 14 Provinces
Biess has consolidated auction listings, bidder requirements, and the offer workflow at rematevirtual.biess.fin.ec. The current catalog covers 14 provinces and requires a 10% cash deposit or 15% deposit for installment bids.
Ecuador and Japan Keep an Economic Partnership Agreement on the Table
Ecuador asked Japan to advance discussions toward an Economic Partnership Agreement, with a next phase targeted before year-end. Japan is already a market and investment partner across seafood, cacao, infrastructure, energy, and mobility.
Ecuador Secures USD 3.5M To Prepare Strategic Electricity Projects
The grant includes detailed engineering studies for the San Gregorio–Palestina transmission line in El Oro and Guayas, with the program designed to strengthen Ecuador’s National Transmission System.
Ecuador’s New Economic Ministry Sets Six Vice Ministries
The new architecture covers finance, economy, production and tourism, foreign trade and investment, agricultural production and rural development, and aquaculture and fisheries.