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Cuenca has awarded $433 million in contracts, with security its biggest recurring expense

A review of municipal purchasing shows hospitals, medicines, water projects and nearly $40 million in private security spending. Nearly $11 million awarded each month Cuenca’s municipal government and its public companies have awarded approximately $433 million in contracts since the current administration took office on May 14th, 2023, providing a detailed picture of where the […]

El Niño rains leave more than 13,000 people affected as emergencies spread across Ecuador

The national toll has risen rapidly, with Esmeraldas bearing the heaviest damage and thousands of homes affected. Rain emergencies accelerate Heavy rains associated with Ecuador’s developing El Niño emergency have affected more than 13,000 people since the government declared a nationwide red alert on August 29th, with the number of reported rain-related events rising sharply […]

More than 9,000 businesses face power cuts as largest users lose electricity for up to 72 hours

Industrial restrictions deepen as Mazar approaches its critical level and engineers warn household cuts may be next. Power restrictions escalate again What began as a voluntary effort to conserve electricity has escalated rapidly, with Ecuador’s largest industrial users disconnected from the national grid for up to 72 hours and more than 9,000 businesses now facing […]

Two prisoners escape from Turi as four police officers face investigation

One fugitive was recaptured the next day, while authorities examine how inmates breached Cuenca’s maximum-security prison. Escape from Cuenca’s maximum-security prison Two prisoners escaped from Cuenca’s Turi prison on September 28th, triggering a security operation, the detention of four police officers for investigation and renewed questions about how inmates were able to breach the perimeter […]

Foreign investment more than doubles in Ecuador, reaching $715 million in first half of 2026

Published on October 05, 2026

Facebook Twitter Google+ LinkedIn Mining and services lead the rebound, although investment remains modest compared with Ecuador’s larger regional neighbors. Foreign investment jumps sharply Foreign direct investment in Ecuador reached approximately $715.5 million during the first half of 2026, more than double the amount recorded during the same period last year. Central Bank figures show […]

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