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Country risk fell after Credit Suisse bond purchase offer

After Credit Suisse’s announcement that it will buy Ecuadorian debt bonds, the country risk dropped 81 points and stood at 1,840. Ecuador’s country risk indicator dropped 81 points and stood at 1,840 points on Wednesday, April 26, 2023. The reduction occurs after the...
Posted On 27 Apr 2023
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The United States warns about the increase in Ecuadorian migrants

The Secretary of Homeland Security of the United States, Alejandro Mayorkas, expressed his concern about the increase in Ecuadorian migrants. Through a message on the Twitter account of the US Embassy in Ecuador, the Secretary of Homeland Security of the United States, Alejandro...
Posted On 27 Apr 2023
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The salary of women in Ecuador falls to USD 402 in March

The income of women fell, since in March 2022 they earned an average of USD 427. Their average income is less than a basic salary. The average monthly income of Ecuadorian workers was USD 445.1 in March 2023, according to the National Institute of Statistics and Censuses (INEC)....
Posted On 25 Apr 2023
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Two Ecuadorians shine for their positive impact on technology

The ‘Women that Build Awards’ recognized Janeth Bonilla and Ana Gabriela Valdiviezo for their efforts to technologically empower more girls and women in the country. Several published studies indicate that women are ‘underrepresented’ in so-called STEM...
Posted On 25 Apr 2023
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4.7 million birds were vaccinated against bird flu

The progress of vaccination against bird flu in Cotopaxi, Tungurahua and Pichincha is 76%. These are the most affected provinces. More than 4.7 million birds have already received the first dose of the avian flu vaccine, according to the Phyto and Zoosanitary Regulation and...
Posted On 21 Apr 2023
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10 steps to export services from Ecuador

Some services that are exported from Ecuador are insurance and payment platforms, according to the Ministry of Production. About 15 companies from the Ecuadorian technology sector are in Miami, on April 20, 2023, to present their offer of services to businessmen in the United...
Posted On 20 Apr 2023
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Jorge Glas’ pension will be withheld due to debts from the sentences he has

If former Vice President Jorge Glas finally manages to get the courts to order the return of his lifetime pension of USD 4,507 per month, he will finally not be able to collect it. At least that is the position of the State Attorney General’s Office, since Jorge Glas owes...
Posted On 20 Apr 2023
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By value, mining exports exceed those of bananas

In February, the value of mining exports once again displaced bananas and plantains, which are traditional from Ecuador, from third place. The value of mining exports closed in February at USD 334 million, that is, 41% more than in the same month last year, according to the...
Posted On 18 Apr 2023
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World amazement at the discovery of an ancient coral reef in the Galapagos

British, American and Ecuadorian scientists discovered a huge, ancient and pristine coral reef in the depths of the Galapagos. The “Galápagos Deep 2023” expedition already has its first great discovery: an immense and ancient coral reef, located in the depths of the Galapagos...
Posted On 18 Apr 2023
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Brazilian company opens new shoe and accessories store in Ecuador

The Brazilian firm plans to open 20 stores in Ecuador in the next five years. Two of them will open in 2023. The Jorge Bischoff brand, from Brazil, opened a store in the Cumbayá Valley, in Ecuador, on April 12, 2023. This is the second location of the Brazilian company. The first...
Posted On 14 Apr 2023
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