OECD: Lack Of Competition Is Why Costa Rica Is So Expensive!

Costa Rica stands out as a country where a good portion of its markets...

Philip Morris International Will Stop Producing Cigarettes in Costa Rica

The Mendiola & Compañía, a subsidiary and 100% owned by Philip Morris International (PMI),...

Amazon Now Allows Purchases Delivered Directly in Costa Rica

Amazon today (April 17) announced the launch of the international shopping platform within the...

Costa Rica Economic Activity Up 3%

The manufacturing industry and education services were the sectors that explained most of the...

Netflix Yes, Amazon No With Respect To The VAT

The Ministerio de Hacienda (Ministry of Finance) explained on Friday that the proposed 13%...

Uber Trips Would Be Taxed If VAT Is Approved

Legal or not, the tax plan that is in the process in Congress,  if...

Burger King Will Expand, Have breakfast and Open 24 Hours

Burger King in Costa Rica hopes to offer more options in its menu, have...

Costa Rica Inflation 2.6% YOY as of March 2018

In March, the Consumer Price Index (CPI) recorded a monthly variation of 0.59%, mainly...

Internet Purchases Would Pay Double Tax, If Propose Tax Reform Approved

Purchases made online in Costa Rica would have two types of taxes, if the...

Financing for the Coffee Sector

A new bill has been presented to grant resources at a preferential rate to...

Tax on Soft Drinks and Snacks Heats Up Tax Reform Debate

The inclusion of a tax on plastic containers and another on ultra-processed food, proposed...

Banana Exports Up 7%

In the first nine months of 2017, Costa Rica exported US$784 million worth of...

An End To Excessive Perks For Government Employees Proposed

The majority of legislators declared war on a series of salary bonuses ("pluses salariales"...

Costa Rica Call Center Employees Go From Attending Calls to Programming and Monitoring Bots

Call or service centers in Costa Rica are automating processes, which implies the migration...

Costa Rica GDP Up 3.2% in 2017

The increase reported at the end of the fourth quarter of 2017 is mainly...

Printer Market in Costa Rica

From January to September 2017, companies in Costa Rica imported $62 million worth of...

President-elect Alvarado Faces Biggest Deficit In Three Decades

The challenge facing the next government led by President-elect Carlos Alvarado, is a Costa...

Solar Panels Will Power Avenida Escazu Food Court

A total of 495 high-tech solar panels will generate about 40% savings in energy...

Investment in Private Hospitals Grows in Costa Rica

In Costa Rica, at least five medical centers are preparing to expand their current...

Proposed Development Would Turn Limon Into The Cancun of Costa Rica

An ambitious project of the Cámara de Comercio, Industria y Turismo de Limón (Limon...

Costa Rica Treasury Issues US$514 million in Bonds

In the local market, an issuance was made of a fixed-rate security with maturity...

Inchcape Buys Rudelman in Costa Rica and Panama

(Reuters) – UK Car dealership chain Inchcape Plc announced on Monday it would buy...

Costa Rican coffee gains stronger presence in Korea

Costa Rican coffee has secured a stronger position in the Korean market, where coffee...

Walmart Reinvents The Supermarket For The Region

Walmart de México y Centroamérica presented what is described as an "omnicanal" supermarket, a...

Devaluating The Colon Divides Candidates

Devaluating the colon is the major difference, a clash point, between the economic teams...

Costa Rica More Exports, Less Imports

Between 2016 and 2017, exports rose by 2%, while purchases abroad fell by 4%...

Enterprise Florida Mission to Costa Rica Nets US$23 million

The state’s official economic development organization, Enterprise Florida, reported about $23.2 million in total...

Amazon Confirms Layoffs in Costa Rica

Amazon, the American giant confirmed the dismissal of some of its employees in Costa...

Dollar Exchange Takes A Dive This Week

The dollar exchange rate dropped almost ¢4 colones in less than a week, as...

Alajuela is fast-growing commercial hub in Costa Rica

Real-estate developers in Costa Rica have set their sights on Alajuela, not least because...

90% of Companies in Costa Rica Employ 30 Or Less

According to a directory published by the Instituto Nacional de Estadística y Censos (INEC)...

Costa Rica: A Step Backwards for Debt Issuance

Arguing that the financial conditions and the term of the operation were not adequate,...

LATEST

Nicaragua Tells Costa Rica To Mind It’s Own Business. Diplomatically Of Course!

After the director general of Costa Rican Foreign Policy, Christian Guillermet expressed concern of the violence in Nicaragua since Thursday, the Nicaragua Foreign Ministry...

Nicaraguans In Costa Rica Call For Peaceful March

A Facebook group called Comunidad Nicaragüense Residente en Costa Rica (Resident Nicaraguan Community in Costa Rica) is calling for a march on the Nicaragua...

Immigration Defers Fine On Overstaying Tourists

The Dirección General de Migración y Extranjería (DGME) - Costa Rica's immigration service - announced Thursday night that the fine for those foreigners overstaying...

3 Dead, Dozens Injured in Nicaragua Protests

Tragedy. At least three people died last night during protests against reforms to the Nicaraguan Institute of Social Security (INSS), reported various media and...

Elevated Train: Good or Bad Option For Urban Transport In The GAM?

By 2022, the Metropolitan Area of San Jose (GAM) will have an elevated rapid passenger train (Metro), which would help reduce traffic congestion, President-elect...
video

The Silent Darién (VIDEO)

The Darien Gap (el Tapón del Darién in Spanish) is considered by some to be the most dangerous and inhospitable place in Latin America,...

Cuba and the New China Model: why it would never work on the island

Over the years I have debated with friends and foe over U.S. – Cuba policy and possible paths for Cuba’s democratization. In these encounters,...

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...

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Costa Rica’s Legislators Blame Press For Poor Image

The grade is in and with no surprise of another failure for Costa Rica's legislators, according to the latest poll by Unimer for La...

Costa Rican Newspaper Files Suit With Constitutional Court Over Espionage

The Grupo Extra followed up on their action announced Monday at a press conference following the news of espionage against them by the Poder...

Fireworks in Costa Rica: A Beautiful Danger

Costa Rica's love affair with fireworks is part of a long tradition. And the use of fireworks increases during the Christmas season. Yet, despite...

Poison Frogs in Costa Rica Display Different Mating Behaviours

(Nature World News) A study of various colored poison-dart frogs suggests that mating behaviors of green versus red frogs of the same species are...