Daily coverage from across the country, written for the expat community
Results for “international”Clear
Executive Decree 383 shifts the Comisión Estratégica de Marcas to the Production, Foreign Trade and Investment ministry, replacing a 2011-era structure. The reframe moves Ecuador's international promotion away from a tourism focus toward investment and trade.
Armed forces, police, and intelligence services deployed to Puerto Bolívar in El Oro province for a major operation against criminal structures controlling the port. Defense Minister Loffredo says groups are using the port to ship drugs and extort fishermen.
President Noboa meets VP Vance this week to discuss security, migration, and trade. Ecuador is also seeking a civilian nuclear energy agreement with the US — a first.
The May 12 price adjustment is official — diesel crossed $3/gallon for the first time, stations in Quito and Guayaquil are running dry, and Ecuador is importing 65% of its fuel. The refinery FCC unit restarts May 15.
The May 6 placement of $1 billion in bonds drew $7 billion in demand from 200 international investors. Country risk is at its lowest since 2014. Here's what it means for the economy.
Aeropuerto de Cancún acquired the Brazilian partner's stake in Quiport, gaining indirect control of Mariscal Sucre. Ecuador's competition regulator approved the deal.
Interior Minister Reimberg announced the largest single-day operation since the curfew began May 3. Nine provinces remain under nightly restrictions through May 18.
Banco Pichincha went from $42M to $88M in profits. Banco del Pacífico: $46M to $84M. The president posted the numbers on X and questioned who benefits from the crisis narrative.
International investors put up $7 billion in orders for $1 billion in Ecuadorian sovereign bonds. The yield improved, the country risk hit an 11-year low, and the government says it proves confidence is back.
A four-month investigation culminated in Operación Forseti-Finisterra — 11 arrested including the gang's hit squad leader, firearms and drugs seized, and a criminal network dismantled.
Road rehabilitation work means lane closures on two sections of northern Quito's main highway starting May 7. Central lanes stay open, but if you commute through Calderón or Carapungo, plan ahead.
SENAE rolled back the duty-free alcohol allowance to three liters per traveler starting May 4. Nearly 700,000 liters entered duty-free in 2024, and the agency says informal commerce was the real beneficiary.
