Tigo To Invest US$30 Million This Year

Tigo (Millicom) is set to invest US$30 million in Costa Rica this year to substantially expand coverage, double...

Slim’s Flagship Telecom Shudders Into Biggest Loss In 16 Years

Mexico's America Movil, the crown jewel of Mexican billionaire Carlos Slim’s empire, better known as "Claro", with extensive...

Tourism Generated US$228 Billion In The Last Decade

Tourism has become the great machine for obtaining dollars for the Costa Rican economy, and the data supports...

Central Bank To Replace SINPE With IBAN For Interbank Transfers

The Central Bank announced it will end the SINPE (Sistema Nacional de Pagos Electrónicos) transfers format by the...

Costa Rica Economic Activity Up 3.5%

The performance of the construction sector at the end of the year explained the acceleration registered in the...

Liberty Latin America to Acquire Controlling Interest in Cabletica

Liberty Latin America, the newly split-off unit of Liberty Global focused on Latin America and the Caribbean, has...

City Mall Develop Annouces New Mixed Use Real Estate Development

The real estate group, Lady Lee Corporation of Honduran origin, has announced that in 2019 it will start construction...

Costa Rica Banks Also Graded as Negative

In line with last week's revision from stable to negative for Costa Rica's economy outlook for sovereign debt,...

Electric Cars A Reality In Costa Rica As Tax Exemption Ready To Be Applied

At least four new car dealers are ready to bring more electric cars to the country, taking advantage...

Costa Rica Bonds Fall In Price After Latest Poll Of Fabricio Alvarado In The Lead

The University of Costa Rica (UCR) poll released on Tuesday revealing Fabricio Alvarado of the Restauración Nacional party...

Good News For Renters, Not So Much For Landlords

  Thanks to a recent law reform, residential rentals in colones cannot rise above the accumulated inflation of the...

First Radisson Blu Signed in Costa Rica

Carlson Rezidor Hotel Group, one of the world’s largest hotel groups, has announced the signing of a new...

Costa Rica Owned US Brewer Gets New CEO

Think of Labatt's Blue and you immediately think of Canada and hockey. But did you know, at least...

Fitch Revises Costa Rica’s Outlook To Negative; Affirms Ratings At ‘BB’

Fitch Ratings revised the rating of the Costa Rican economy from stable to negative, according to a press...

Multinational Companies Generated 13,754 New Jobs in 2017 in Costa Rica

The Coalición Costarricense de Iniciativas de Desarrollo (CINDE) - Costa Rican Investment Promotion Agency -  and the Ministerio...

Nature Air Aims To Return To Operation In 15 Days, But With Fewer Flights

Nature Air is waiting for approvals from the General Directorate of Civil Aviation (DGAC) to resume operations as...

Consumption of Non-Traditional Meats Growing in Costa Rica

In Costa Rica, producers of buffalo, rabbit and lamb meat sell their products through restaurants and some supermarkets,...

Preparing for Opening of Convention Center

The administrator of the new convention center in Costa Rica plans to start operations in April, and in...

Drop In Vehicle Imports Affects Tax Revenue Collection

The decrease in vehicle import last year has resulted in a contraction in the tax on vehicles sales...

Pura Vida Bracelets From El Salvador, Not Costa Rica

A popular bracelet company based in San Diego which makes bracelets worn by celebrities is a fraud, says...

Costa Rica Has The Most Expensive Energy in Central America

Which Country Has the Most Expensive Energy in Central America? In 2016, the average cost of 1 kWh...

Costa Rica Craft Brewers Plan To Export To The United States

A group of Costa Rican craft beer (cerveza artesanal) producers has been working on creating a cluster, in...

Costa Rica Colon / US Dollar Exchange Rate Expectations

It is expected that under current economic conditions, the local currency will depreciate on average 3.6% against the...

How Costa Rica Exporter Used Fruit to Cheat U.S. Consumers

Ricardo Rudin Mathieu ran a racket. He put labels bearing the U.S. Department of Agriculture’s organic seal on...

The 2018 Marchamo Explained (Q&A)

This is the last week of the week for more the owners of more than 1.3 million vehicles...

Financial Planner Indicted In U.S. For Illegal “Ponzi” Could Be Forced To Forfeit Costa Rican Luxury Home

The founder of VisionQuest, a Raleigh, North Carolina, investment firm, charged with running an illegal “Ponzi” scheme that...

Costa Rica Second In The Region In Imports of Cellular Phones

The acceptance of new technologies and quick consumer response to new product offers are the main reasons Costa...

Public Sector Salaries Increased 157% in 12 Years

The Government next year will pay in wages and benefits for public employees 157% more than it did...

Opened In Costa Rica First Clothing Store Accepting Bitcoins

On Thursday, December 14, the first clothing store that will accept bitcoins opened in Costa Rica. Felipe Kirsch, representative...

Costa Rica Stock Market Activity Shrinking

The failure of the Central Government's latest effort sell bonds on the local financial market leads analysts to...

Ticos Up To Their Eyeballs In Consumer Debt: UCR Survey

The cost to have the latest smartphone or appliance, for example, are the leading causes of consumer indebtedness...

Costa Rica Economic Activity Continues to Decline

The economic slowdown recorded in October is mainly due to the adverse weather effects from tropical storm Nate,...

LATEST

Increase In Passenger Arrivals Saturates San Jose Airport

The hundreds of tourists arriving at Costa Rica's main international airport, the Juan Santamaria (SJO), in San Jose eager to discover the beauties of...

The Puntarenas Cow Stare Down!

During my current visit to the Nicoya Peninsula, this cow in Playa Tambor was very vigilant of my presence. She followed my every move,...

Meet the Dark Side of Brazil’s Legendary Rio Carnival

Brazil’s female samba dancers the spill the beans on the darker side of working at the iconic Rio de Janeiro Carnival. Viviane Morais Ferreira Guimarães,...

Shrimp Conflict Between Mexico and Honduras Continues

It has been four months since Mexican authorities blocked shrimp imports from Honduras, with no solution in sight in the short term. Alleging the presence...

Santa Teresa, Costa Rica: The Next Tulum

(Nytimes.com) As Tulum has become overrun with Los Angelenos and New Yorkers trying to recreate the cultures of their own hometowns in a more...

Costa Rica’s Election: It Wasn’t the Economy, Stupid!

Is it the economy, stupid? A preliminary analysis would have concluded that such a maxim would prevail in Costa Rica’s presidential race: unemployment is...

Canada To Open Free Trade Talks With Mercosur Group Of South American Countries

(Reuters) - The Canadian government plans to open free trade talks with the four-nation Mercosur trading bloc in South America, an official said on...

TRENDING / POPULAR

Anne Hathaway’s Leaked Personal Pictures Go Viral

American actress Anne Hathaway is the latest celebrity to fall victim to the hackers, who shamelessly filtered the intimate photos of the actress with...

American Tourist Dies In Isla del Coco Shark Attack

The National Coast Guard Service of the Ministry of Public Security (Servicio Nacional de Guardacostas, del Ministerio de Seguridad Pública) confirmed the death of...

10 Countries Reputed As The Ultimate Place For Sex Tourism (Guess Who Isn’t?)

QCOSTARICA - Normally, tourists travel abroad to visit famous landmarks, culture or do fun things. Also there is a group of tourists who travel...

Female Tiger Shark Attacked American Tourist Who Died in Isla del Coco

The survivor of the shark attack in the Isla del Coco on Thursday, the 26-year-old diving guide identified by his last name Jimenez, said...

How Will Hurricane Irma Affect Costa Rica?

As Hurricane Irma makes its way through the Caribbean and Floridians ready for Irma's potential landfall, how will it affect Costa Rica? Although Hurricane Irma...

RANDOM

Venezuela Asks Expulsion Of Costa Rica Former Presidents As Observers Of Elections

QCOSTARICA - Former presidents of Costa Rica, Laura Chinchilla and Miguel Ángel Rodríguez, along with other Latin American leaders, participating as observers of the...

“Sex Social Work” in Costa Rica

COSTA RICA CONFIDENTIAL - Law can be defined as a system of rules and guidelines which are enforced through social institutions to govern behaviour....

How Much Coffee You’d Have To Drink To Literally Kill Yourself?

QCOSTARICA - Lucky  you if you've never drank so much coffee that you fear for your life. For the rest of us, AsapScience let...

Donald Trump Says He Will Sue Univision For Dropping Miss USA Pageant

(COSTA RICA EXTRA) - Donald Trump's offensive remarks about Mexicans has led the Univision, the biggest Spanish-language broadcaster in the United States, to drop...

“Poladas” Ticas

LIGHTER SIDE OF COSTA RICA -- A video made by Chonete Tv gives and insight into the top ten "poladas" that characterize Ticos (Costa...