20 C
san jose, costa rica
Wednesday 24 May 2017

Dollar Exchange Rate Keeps Climbing, It Has Already Reached ¢595

Q COSTA RICA - The Colon exchange rate against the U.S. dollar continues its upward trend, given the...

Costa Rica Continues With The Highest Gasoline Prices In The Region

Q COSTA RICA - Costa Rica continues with the highest fuel prices in Central America. The Price of a...

Wine Leads Growth in Costa Rican Liquor Consumption

An almost 40% increase has been reported in retail sales of wine between 2011 and 2016, beating other...

Utility Launches FTTH Service

Costa Rican power cooperative Coopesantos has announced the launch of a residential FTTH - Fiber to the Home...

Dollar Exchange Rate Keeps Increasing in Costa Rica

Q COSTA RICA - In the last couple of weeks the Banco Central de Costa Rica (BCCR) -...

Financial Education in Costa Rica

In Costa Rica, a large part of the population still has inadequate or no access to finance. This...

Taxation Evaluating Asking The U.S. For Information On Airbnb Hosts in Costa Rica

Although Airbnb has offered to collect the sales tax for transactions made on rentals in Costa Rica through...

India’s TVS Motor Driving Into Costa Rica and Central America

One of India’s leading two and three-wheeler manufacturer, TVS Motor Company Limited, announced last week its alliance with...

Banks Fear Increased Requests To Change Loans From Dollars to Colones

Q MONEY - A hike of ¢9.64 colones in the dollar exchange market since last Friday alone has...

New VAT Expected To Be Kept At 13 Percent

Q COSTA RICA - Costa Rica may opt for a lower value-added tax (VAT) rate if and when...

Costa Rica Investors Like Bricks and Mortar

QBUSINESS - Stable returns is the main characteristic of real estate funds which in Costa Rica have shown...

Dollar Exchange Hit ¢580 On Tuesday

Q COSTA RICA - The dollar exchange on Tuesday by some banks reached ¢580 colones for the sell....

Costa Rica’s Fruits Exports Beyond Pineapples And Bananas

Costa Rica has embarked on an export diversification strategy to take advantage of the surge in international demand...

In Costa Rica Fewer Checks, More Online Banking

The ease of making secure transactions with just one click, from the house, office or even a smartphone...

No Change in Unemployment in Costa Rica

The working-age population has increased, offsetting an increase in the employed population, with the national employment rate remaining...

Costa Rica Opens Trade Office in Rotterdam

Q BUSINESS - Coinciding with the two day visit of Costa Rica President Luis Guillermo Solis in Holland...

Monge Consumer Goods Retail Chain Secures US$120 Million Loan To Refinance Debt

Q BUSINESS - Are Costa Rica's importadoras (retailers) in financial trouble? Earlier this year, one of the country...

Costa Rica Economic Outlook Up To May

THE Q - Although the gradual process of credit dedollarization continues, the Central Bank has warned that a...

Costa Rica Dollar Exchange Rate Continues to Rise

Q COSTA RICA - In the first four months of the year the price of the dollar in...

Bureaucracy And The New Convention Center

Q COSTA RICA - In Costa Rica the new Centro Nacional de Congresos y Convenciones (CNCC) - National...

Costa Rica Sustainable Model & Investment Opportunities

Q BUSINESS - The Business Year (TBY) gathered together three prominent businessmen in Costa Rica to discuss economic...

NO To Fixing Rice Prices In Costa Rica

Q COSTA RICA - The Comisión para la Promoción de la Competencia (Coprocom) - Commission for the Promotion...

Banco Central Proposes Change in Method for Calculating Exchange Rate

Q COSTA RICA - Costa Rica's Central Bank (Banco Central de Costa Rica - BCCR) proposes modifying the...

TransPerfect to Open Costa Rica Contact Center, 120 New Jobs

(Q BUSINESS) -- TransPerfect, the world's largest privately held provider of translation services and technology solutions for global...

Regulator Proposes Limitations on Bank Loans

Q COSTA RICA - The General Superintendency of Financial Institutions (SUGEF) is proposing banks have additional capital requirements...

Costa Rica’s Electronic Invoicing Could be Done in Dollars

Q COSTA RICA - An amendment to the regulations of the income and sales tax laws, which will...

Panama Papers Law Firm Founder Says Scandal Set Off Tax Shelter Boom in US

Q24N (AFP) - The co-founder of the law firm at the center of the Panama Papers scandal says...

Half of New Vehicles Sold In Costa Rica Are Financed

Q COSTA RICA - Here is something that is of no surprise to most in Costa Rica, about...

Nicaragua’s economy is growing, but the poor may be falling behind

TODAY NICARAGUA – The International Monetary Fund (IMF)’s recent assessment of Nicaragua reinforces the narrative that the country...

Nicaragua Annual Inflation up to March 2017 is 3.66%

TODAY NICARAGUA – The monthly variation in March was 0.12%, mainly explained by the behavior of prices of...

Costa Rica Beer Imports Up 67%

Q COSTA RICA - Beer imports to Costa Rica in the last four years went from us$8.8 million...

Gasoline To Be More Expensive In May

Q COSTA RICA - On Monday the Refinadora Costarricense de Petróleo (Recope) made the request for an increase...