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Bitcoin is optimistic about Ecuador potential

A group of 30 locals, taking heed of global interest in Bitcoin, met in Ecuador's capital to discuss the future of digital currencies in the region. Ecuador lags far behind the financial innovations of developed countries. According to Paul Buitink, one of the...

New national business directory provides data

Nineteen percent of Ecuador’s companies, or about 134,000, are located in Quito according to the National Business Directory prepared by Ecuador's National Institute of Statistics and Census (INEC).  The directory shows that there are 704 556 companies in the country....

Ecuador’s traffic fatality rate drops sharply

Venezuela ranks first in the number of car accident fatalities among Latin American countries while Ecuador ranks sixth, according to a new study by the University of Michigan. The study shows that Venezuela has 35 fatalities from road crashes per 100,000 population,...

Tranvia construction work is on schedule

Cuenca's new tram system, Travia de los Cuatro Rios, is off to a good start according to Patricia Cordero, project director. Power and light poles as well as billboards and utility wires have been relocated on Av. Las Americas between Calle Juan Ruiz and Av. Don...

Church seeks money from Ecuadorian migrants to fix the cathedral

The Catholic church and city of Cuenca are looking to Cuencanos living in the U.S. and Canada to provide financial help to repair the cathedral roof. An October study by the University of Cuenca engineering department estimated that $800,000 is needed to repair the...

More reserves found in old oil field

One of Ecuador’s oldest oil fields will be productive for many more years than expected, according to new survey. The U.S. geological firm Ryder Scott has certified that 243 million barrels of oil remain in the ground at the Sacha production area in northern Orellana...

Three die from bad liquor in Gualaceo

The bodies of three men who apparently died from drinking adulterated liquor were discovered yesterday morning the community of Guazhalán, near Gualaceo. Friends and family of the men said they had been drinking the night before and were sitting around a campfire the...

Near Tungurahua, farmers rush to harvest crops

After a week of eruptions, the Tungurahua volcano has damaged thousands of hectares of crops, leaving a feed shortage for 110,000 head of livestock. The volcano erupted on Feb. 2, sending an ash plume about eight miles into the atmosphere, followed by two other...

New taxi meter law delayed until April

Due to a lack of taxi meters in Guayaquil, the National Transit Agency (NTA) has extended the nationwide deadline for the installation of taxi meters until April 10. Previously, the NTA had set January 31 as the deadline. Although acknowledging the meter shortage, the...

U.S. is favorite travel destination for Ecuadorians

The U.S.  remains the favorite travel destination for Ecuadorians. According to a study by the National Institute of Statistics and Census, 34% of international plane trips out of Ecuador were to the U.S. Peru was second at 17%. One travel agent says price is a big...

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The Cuenca Dispatch

Week of April 19

Ecuador seeks answers as migrants are rerouted from the United States to Congo.

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Prosperity report exposes Ecuador’s uneven foundations.

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IESS pension debate sharpens as Ecuador’s retirement system strains under growing deficits.

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