19 C
san jose, costa rica
Tuesday 22 August 2017

Higher Dollar and Interest Rates Slowed Consumer Spending

The constant instability of the dollar exchange rate and the increase in interest rates, especially in colones, have...

What Happents To Property Of Dissolved Corporations For Not Paying The ‘Corporations Tax’??

In less than two weeks, on September 1, the 'Corporations Tax', (Impuesto Personas Juridicas in Spanish) kicks in...

Government Threatens Local Businesses With Fines For Links Uber

Q COSTA RICA - Restaurants and hotels expose themselves to sanctions and administrative procedures per campaign of royalties...

Costa Rica Expands Access To Housing Finance

The Inter-American Investment Corporation (IIC) has established a strategic partnership with Cooperativa Nacional de Educadores (Coopenae), a leading...

The Big Challenge of the NAFTA Renegotiations

After months of feverish lobbying by industry to save the 23-year-old pact, renegotiations of the NAFTA (North American...

‘Corporations Tax’ Amnesty For 90 Days

From September 1 to December 1, companies can take advantage of an amnesty to bring to date their...

Moody’s Questions Tax Benefit Of Plan To Handle Illiquidity in Costa Rica

  According to Moody's, the plan to reduce expenses announced by President Luis Guillermo Solís will not be enough...

Another Ruling in Favor of Protectionism, Sala IV Ratifies Ban On Rice Promotions

  In Costa Rica, the Constitutional Court or Sala IV has rejected an appeal of unconstitutionality against the prohibition...

Government Proposes To Charge A 15% Tax For Using Services Like Netflix

Intent on solving the country's current financial problems, the government today (Thursday) presented to legislators a new tax...

Costa Rica New Car Sales Slow Down

During the first half of this year, some new car dealers claim to have had increases in sales...

Loans in Colones Get More Expensive

Interest rates on bank loans have increased by between 0.11% and 6.6% in the last year, and those...

“No Hay Plata” – No Free Lunch In Costa Rica!

After recognizing the serious liquidity problems, last week the government of Luis Guillermo Solis has announced it will...

Costa Rica Rebounds In Medicines Exports

The value of drug exports from Costa Rica shows a recovery of US$69 million (84%) in the last...

ICE Reports 1st. Quarter Loss Of ¢33 Billion Due To Exchange Rate Fluctuations

Q COSTA RICA - Like many in Costa Rica whose income is in colones and debt in U.S....

Costa Rica, UAE To Prevent Double Taxation

Costa Rica and the United Arab Emirates successfully negotiated an agreement to prevent double taxation between the two...

‘Nobody Wants Costa Rica To Be Another Greece’, President Solis

  President Luis Guillermo Solis shakes off criticism following his Tuesday evening's television address to the nation that Costa...

Telecom Tax Proposed To Fund 911 Service

Costa Rica's Legislative Assembly has received a proposed tax on mobile and fixed telephony and broadband services with...

Costa Rica Government Faces “Liquidity” Problems

President Luis Guillermo Solis announced Tuesday night that the government "faces liquidity difficulties to pay its obligations and...

Costa Rica Tourism Leads Service Exports

Of the US$8.792 billion generated from services exports in Costa Rica between April 2016 and March 2017, 45%...

McKinsey & Company Expanding in Costa Rica

McKinsey & Company has announced plans to further expand its Costa Rican office with the opening of 250...

Walmart Opens In Guanacaste

QCR - Walmart last Friday, July 14, opened its 10th store in the country, located in the city...

U.S. Remittances To Costa RicaUp In First Quarter of 2017

According to data published by the Banco Central (Central Bank), as part of the quarterly balance of payments...

Sutel Was (Finally) Able To Award Blocks of Radio Spectrum Frequencies

Costa Rica's Superintendency of Telecommunications, the Superintendencia de Telecomunicaciones (Sutel) said it awarded the 70 MHz of spectrum...

Costa Rica Credit Card Debt Up 21%

Between April 2016 and April 2017, the balance of credit card debt in Costa Rica grew by 21%,...

Courier Business Growing in Costa Rica

The parcel forwarding companies JetBox, Box Correos and Aeropost reported increases of between 12% and 35% in the...

5 Costa Rican Startups to Watch Out For

Costa Rica is home to many of the world's most exciting and innovative startups. Every year, new entrepreneurs...

Costa Rica Pig Farmers Denounce Anti-competitive Practices

In Costa Rica, the pig farmers' association has filed a complaint alleging that importers such as Walmart, Cargill...

Costa Rica YoY Inflation to June 2017 is 1.77%

Q COSTA RICA - In June the consumer price index (CPI) rose by 0.08%, with accumulated inflation in...

Chuck E. Cheese’s Hiring Staff For Planned October Opening In Costa Rica

Looking for work? Chuck E. Cheese's may the fit for you, as the chain of American family entertainment...

Central Bank Changes Methodoloy For Setting Reference Dollar Exchange Rate

Q COSTA RICA - The Banco Central de Costa Rica (BCCR) - Central Bank - applied on Tuesday...

Moín Megaport Opening Postponed Until 2019

The opening of the container terminal that is being built by APM Terminals in Limón will occur in...

Bancredito Branches Will Cease To Operate On July 14; 500 Employees Being Laid Off

The State bank, Banco Crédito Agrícola de Cartago (Bancrédito) has literally only days of life of operating as...

LATEST

Why Savvy Fliers Fly To The Canadian North To Go To Europe or Asia

Q TRAVEL - One of the best ways and at times more economical to go east to Europe or west to Asia now is...

The Solar Eclipse 2017 From Costa Rica

Some 300 people gathered at the University of Costa Rica (UCR) planetarium to spectacular coast-to-coast partial eclipse (20%) in Costa Rica occurring shortly after 1...

OIJ Presumes Body Found In River Is Brother of Murdered Model

The body of a young male found this Sunday in Esparza is believed to be related to the murder of model Isamar Villata, 24...
wilkes barre pennsylvania

Travelling to Wilkes-Barre, Pennsylvania

History of Wilkes-Barre, Pennsylvania Wilkes-Barre is a city in the Commonwealth of Pennsylvania. It is apart of Luzerne County and it is one of the...

Landslide Causes Problems On The Ruta 2, Inter American Highway South

The Interamerican Sur (Ruta 2) - Inter American highway south - between Palmar and Rio Claro is down to only one lane, at kilometer...

Higher Dollar and Interest Rates Slowed Consumer Spending

The constant instability of the dollar exchange rate and the increase in interest rates, especially in colones, have slowed the growth of consumer spending...

Cloudy Skies and Rain May Cloud Costa Rica View Of Eclipse

While million across the U.S. and the world are in the path of totality for today's solar eclipse, in Costa Rica the eclipse is...

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...

Man Killed In Monday Morning Shootout in Escazu Was Wanted In Canada

Q COSTA RICA - It was 7:20am, two men outside the Mountview private school in Guachipelin de Escazu, dressed in tracksuits are exercising, two...

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...

Argentina: 128-Year-Old Man Claims He’s Hitler

Q JOURNAL - An allegedly 128-year-old man in Salta, Argentina has announced he is in fact former Nazi leader Adolf Hitler, and has spent...

Four Years Later, China-Backed Nicaragua Canal Is Paralyzed Or About To Die

TODAY NICARAGUA - The Nicaragua Interoceanic Canal project is either paralyzed, or nonexistent. In June 2013, the Nicaraguan National Assembly passed Law 840, which authorized...

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