Tasa Básica Pasiva (Prime Rate) Remains Steady at 7.15%

COSTA RICA NEWS - For the fifth consecutive week the prime rate (tasa básica...

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...

Costa Rican Companies Participate in Brazil Tourism Fair

A group of 13 Costa Rican companies will participate in the first edition of...

IMF Mission Concludes Visit to Costa Rica: “Unsustainable Fiscal Imbalance”

Q COSTA RICA NEWS - The favourable conditions in the global economy allowed Costa...

Limit On Consumer Credit Rates Proposed

Excessive interest rates in Costa Rica may soon be a thing of the past,...

Costa Rica Credit Card Debt Doubles

The balance of credit card debt doubled in the last eight years, going from...

Dollar Exchange Continues To Gain, ¢550 At Some Banks

The dollar exchange rose ¢4.91 colones in the wholesale markets by noon today, this...

Costa Rica Economic Outlook Up To May

THE Q - Although the gradual process of credit dedollarization continues, the Central Bank...

Covidien Moving 25 Jobs To Costa Rica

Covidien, a global healthcare products company and manufacturer of medical devices and supplies, announced...

Central America Consumes More Candy and Chocolate

Eating chocolate has been tied to a reduced risk of heart disease. Using data...

Gasoline Prices Drop ¢68 A Litre

COSTA RICA NEWS - Great news everyone, this morning, the price of a litre...

Costa Rica – Colombia FTA Negotiations Remains Open

The negotiations for a Free Trade Agreement (FTA) between Costa Rica and Colombia did...

Costa Rica Ships 1st Cargo Of Pineapples to China

Q COSTA RICA - The first shipment of Costa Rica's pineapples left the Pacific...

Consumption of Non-Traditional Meats Growing in Costa Rica

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

Three Families Receive A Quarter Of Government Spending On Rent

Five corporations (Sociedades Anominas or S.A.s'), controlled by three families, receive 24% of the...

Will Costa Rica Have Tax On Income Abroad?

COSTA RICA NEWS -- The government of Luis Guillermo Solís, in addition to a...

Costa Rica Improved Internet and Broadband Access, But Other Countries Advanced More

QCOSTARICA - In the Americas, Costa Rica achieved the most dynamic improvement in levels...

Costa Rica: Organic vs. Conventional Pineapple

Pineapple producers in Costa Rica remain at odds after a group denounced an exporter...

Costa Rica Stock Market Activity Shrinking

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

Cognizant Opens Costa Rica Operation

Cognizant, a leading provider of information technology, business consulting, enterprise applications and business process...

Chicken Price Goes Up Due To Increases in Production Costs

COSTA RICA BUSINESS NEWS - The price of chicken has increased in recent weeks...

Mel Gibson Drops Asking Price For His Beach House in Costa Rica

COSTA RICA -- Actor Mel Gibson has a bargian for anyone interested in owning...

Legislative Committee Approves Cuts in Budget

QCOSTARICA - The Fiscal Affairs Committee of the Legislative Assembly passed out a second...

$6 Million in Bogus Organic Fruit Sold to U.S., Costa Rican Report Finds

How do you know whether food certified by the U.S. Department of Agriculture is...

11 Aspects you need to know before renovating an old house in Costa Rica

QCOSTARICA - Don’t you just hate living in a condominium or a gated community...

“Black Friday” Turns Into “Fin de Semana Negro”

QCOSTARICA - This year, in Costa Rica "Black Friday" has become Fin de Semana...

Damages Over Nate Expected To Fuel New Increases In Food Prices

An expected lower supply of vegetables, some fruits, meats and dairy products due to...

Unemployment Falls To 9.5%

QCOSTARICA - 14,000 in Costa Rica left the unemployment line in the second quarter...

Costa Rica to Import More Beans To Meet Domestic Demand

Q COSTA RICA - Due to the effects of El Niño, Costa Rica will...

It’s Official: Intel Cutting 1.500 Jobs In Costa Rica

U.S. microprocessor chipmaker Intel announced on Tuesday, officially, that it is eliminating 1.500 jobs...

Legislators Get Constitutional Green Light To Revive ‘Corporations Tax’

Q COSTA RICA - The Constitutional Court or Sala IV as it is commonly...

Costa Rica Government Plans To Raise More Money On The Local Market

(QCOSTARICA)  In the second half of the year the Ministry of Finance (Ministerio de...

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