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In Ecuador, there are seven products with denomination of origin. The Miske drink is the most recent to obtain certification. Seven Ecuadorian products have the recognition of Denomination of Origin, a certification that gives added value to the products and opens doors in the...

The first month of this year, non-oil non-mining exports grew 4% in sales compared to January 2022. Sales represented USD 1,475 million and constitute 63% of total exports, the Federation of Exporters of Ecuador (Fedexpor) indicates in its bulletin. They also had a volume growth...

The price of Ecuadorian oil suffered a significant drop after the crisis originated in the United States due to the bankruptcy of the Silicon Valley Bank. Ecuador begins to feel the first effects of the collapse of Silicon Valley Bank (SVB), in the United States, and they...

Cabify, a Spanish transportation app, operated in two cities in Ecuador: Quito and Guayaquil. The Spanish transport platform Cabify ceased to operate in Ecuador permanently as of March 15, 2023, according to a statement sent by the company to its clients. The company closes its...

14% of export companies in Ecuador are led by women. These firms are 3.5 times more productive than those run by men. Export companies led by women are 3.5 times more productive than those led by men, according to a report by the Ecuadorian Federation of Exporters (Fedexpor). The...

The fall of Silicon Valley Bank and Signature Bank has changed the landscape and could cause the Federal Reserve (Fed) to stop its decision to continue raising interest rates (a quarter point or half a point). If before the increase depended only on the evolution of the US...

As of March 31, 2023, remote workers and digital entrepreneurs from Ecuador and other countries who wish to reside and work from Spain can apply for their digital nomad visa. The new residence permit for remote workers and digital nomads came into force with the...

Ecuador will repeat its presence this year at Cosmoprof, the largest cosmetics, aesthetics, beauty and hairdressing fair in Europe, which will be held in Bologna (Italy) from March 16 to 18, as reported this Thursday, March 9, in a statement by the Ministry of Production, Foreign...

The average cost of Ecuadorians with credit cards went from USD 180 in 2021 to USD 206 in 2022, according to a study by the Association of Private Banks. Spending with credit cards in Ecuador reached USD 18,639 million in 2022. This is a record growth of 25%, or USD 3,743 million...

The second step of the process contemplates the allocation of frequencies to airlines interested in operating flights between Manta and the Galapagos Islands. The General Eloy Alfaro International Airport, in Manta, was enabled for a route to the Galapagos Islands, on March 7,...