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Egg production has dropped due to the effects of avian influenza, which has increased the price of the product by up to 20%. The price of eggs is rising, following a decline in the country’s laying bird population due to avian influenza. The National Corporation of Poultry...

La Niña would last until April 2023, with negative economic effects in sectors such as fishing and agriculture. The climate phenomenon La Niña 2020-2023 has been the longest in the last 66 years, with a duration of 34 months and if it reaches April, as expected, it will be the...

The Internal Revenue Service (SRI) has also detailed the tax obligations that influencers must comply with. The Internal Revenue Service (SRI) established that influencers, people who generate income on social networks, must pay taxes as of 2023. There are four activities on...

Ecuador is the first Andean country in which the Google Wallet, an application that allows you to store and use cards, begins to work. And soon the mobile payment service created by Apple will be enabled. The Google Wallet began operating in Ecuador on February 28, 2023. The...

Producing Ecuadorian shrimp is 24% more expensive compared to the costs of 2021. The main factors that have influenced the increase in its production are the elimination of the differential price of diesel, which became more expensive by 16 cents per pound at the end of 2022....

The country is attentive to the policy of the United States, a country that could increase sanctions against Russia for the invasion of Ukraine. One year after the Russian invasion of Ukraine began, Ecuador ‘s economy has suffered the consequences, mainly in terms of...

Ecuador expects the suspension of oil exports to last about two weeks. It is scheduled to shut down a portion of its oil wells. The Minister of Energy, Fernando Santos, accepted the request of the state oil company Petroecuador and will declare force majeure in the oil sector,...

The Cabify company will stop operating in Ecuador from March 15, 2023. The firm announced the cessation of its work in the country in a message it sent to its clients on February 15. “After traveling in your city for a while (…) we stopped operating in Quito and...

The winning sectors in 2022 were shrimp, mining, and coffee and its products. Meanwhile, banana exports fell 6%. In 2022, exports from Ecuador reached USD 32,658 million, which represented a growth in dollars of 22% compared to 2021. The foregoing has to do with a rising price...

The best paid affiliates are in the sectors of electricity, finance, international organizations, mining, education, health, teaching and public administration. The maximum salaries are around USD 6,000. The Ecuadorian Institute of Social Security (IESS) detailed to this...