Starwood Unveils Sheraton in Costa Rica

Starwood Hotels & Resorts Worldwide Inc.) recently unveiled a Sheraton-branded property in San Jose, Costa Rica.  Located in...

Taxman Shuts Down 18 Retailers Last Week

The Dirección Nacional de Tributación (National Directorate of Taxation) shut down last week, 18 retail business located in...

Costa Rica Retailers Offer “After Christmas Sale” Discounts To Attract Customers

While for many January is a time to take stock of finances and plan out their savings for...

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’ Watermelon Has Opportunities In the US and Cuba

QCOSTARICA - Costa Rican watermelon (sandia in Spanish) exporters have a golden opportunity to improve their profits thanks...

Shaking The Money Tree, Costa Rica Proposes Global Income Tax

QCOSTARICA - Under pressure to raise revenue and reduce deficits, the Government of Costa Rica is preparing to...

AutoMercado Plans To Open Two Supermarkets A Year Between Now And 2024

QCOSTARICA - The AutoMercado supermarket chain announced plans to open on average, two new supermarkets a year between...

New Shopping Centre For Desamparados

COSTA RICA BUSINESS NEWS -- Yet another shopping centre will be constructed in Costa Rica market. The developer...

KFC In Costa Rica Getting A Facelift; New Locations

Q COSTA RICA BUSINESS - Costa Ricans love chicken. And to feed the hunger, KFC in Costa Rica...

Costa Rica Still Has Zero Inflation

QCOSTARICA - Despite the slight monthly increase of 0.19% in the consumer price index in May, inflation in...

Costa Rica Joins FATCA

Costa Rica has joined Mexico as the second country in Latin America to sign a memorandum of understanding...

Costa Rica Tourism Big Business

Costa Rica tourism, foreign travel to the country,  generated US$4 billion dollars in income between July 2016 and June...

Costa Rica Central Bank Introduces Virtual Wallet (Monedero Virtual)

QCOSTARICA - Customers of the Banco Nacional (BN), Banco de Costa Rica (BCR) and BAC San José can,...

Costa Rica Travel Agencies Excluded From 2% Deduction

QCOSTARICA - The Ministerio de Hacienda (Ministry of Finance) has announced that tour operators and travel agencies are not...

Costa Rica Tops In Central America For Online Shopping

QCOSTARICA - While a small percentage in Costa Rica make only purchases, estimated around 12%, it is the...

ICE Wins Verizon Contract Dispute

QCOSTARICA - The  Costa Rican state owned power and telecom operator, the Instituto Costarricense de Electricidad (ICE), has won...

Costa Rica Records Decline In Remittances From the U.S.

QCOSTARICA - Costa Rica has registered a decline in remittances from the United States, placing it last in...

Pork Production in Costa Rica Up 2%, Price Down 28%

(qCOSTARICA BUSINESS) The increase in production added to the imports coming from Chile does not explain the sharp...

Disguised Protection of Local Avocados

(QCOSTARICA) The delay in phytosanitation studies by the Ministry of Agriculture (MAG) has stalled the process for starting...

Costa Rica a $2.1B export market for Florida companies

Orland Business Journal - You may head to Costa Rica for the surfing, white water rafting and zip-lining...

Fitch Revises Costa Rica’s Outlook to Negative

QCOSTARICA (Reuters) Fitch Ratings has revised the Rating Outlook on Costa Rica's Long-term foreign and local currency Issuer...

Weather, Increased Local Demand Cause of Decrease in Fresh Fruit Exports

QCOSTARICA - The volume of Costa Rica banana, pineapple, melon, and other tropical fruit exports decreased greatly last...

Costa Rica Ratifies OECD Tax Convention

Costa Rica has notified the Organization for Economic Cooperation and Development (OECD) that it has ratified the Convention...

The Competitive Ice Cream Market in Costa Rica

QCOSTARICA - Five brands dominate this increasingly competitive segment of the dairy market, which has doubled its sales...

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...

RACSA Turns Profit, First Time In 6 Years.

QCOSTARICA - RACSA (Radiográfica Costarricense), the subsidiary of state-owned power and telecom, the Instituto Costarricense de Electricidad (ICE),...

Multinationals Boost Costa Rica Brands

QCOSTARICA - Being part of a large multinational chain can be beneficial to national brands, giving them exposure...

Costa Rica: “Better handling of production costs can lead to lower prices”

Productos Agropecuarios VISA exports pineapples to Europe and the US Fresh Plaza - Although Productos Agropecruarios VISA also grows...

South Korean Company Chooses Cartago, Creates 1.000 Jobs

Although Intel and Bank of America is leaving Costa Rica and with them 1.500 jobs each, the country...

Courier Business Growing in Costa Rica

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

Radio Shack Costa Rica Will Continue Despite Possible Closure In The U.S.

QCOSTARICA - While RadioShack in the United States is preparing to shut down the almost-century-old retail chain in...

Costa Rica Choice For Indian IT Companies

Costa Rica is that the centre of expansion for many Indian IT firms who are looking for alternative...

LATEST

More Business Between Nicaragua and Costa Rica

With the aim of increasing trade relations between both countries, Nicaragua and Costa Rica will reactivate the Chamber of Industry and Commerce jointly, in...

More Warnings Over Fiscal Deficit

Standard & Poor's maintained Costa Rica's debt rating at BB, but warned that it could lower it this year if the next government (on...

Populism and Division: Latin America At The Ballot Box

It does not seem long ago that analysts were predicting a new chapter in Latin America. At the start of the 21st Century, the region's...

Mexico’s America Humiliates Costa Rica’s Saprissa At Home in Concacaf Action

Mexico’s America blew out Costa Rica’s Saprissa 5-1 in the first leg of the round of 16 of the Concacaf Champions League. Paraguayan Cecilio Dominguez...

The Second Round of the Presidential Election

Neither of the two Presidential Candidates, Fabricio Alvarado of the National Restoration Party (PRN), or Carlos Alvarado of the Citizen Action Party (PAC), has...

App Makes Downtown San Jose Parking A Snap

Parking in downtown San Jose is a challenge. Right? An app(lication) now makes life easier in the capital city, eliminating the time to looking...

RECOPE Sells Diesel Fuel That Is Less Polluting But Harmful To Some Engines

Though less polluting, the state refinery Refinadora Costarricense de Petróleo (Recope) admitted that the diesel it distributes since November to gasoline stations across the...

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

Scotiabank Said to Weighing Bid for Citigroup Central America

(QCOSTARICA) It is said the businesses of Citigroup Central America could be valued at about US$1.1 billion in a sale. According to a report by...

Tico Brews Beer in the U.S. With Costa Rica Coffee

Coffee with your beer? or is that beer with your coffee? Strangely enough, both together, is now available thanks to Costa Rican engineer Andrés...

Travel Advisory Has Canadians in Costa Rica Fuming

The travel advisory for Costa Rica has many Canadians fuming, questioning with an Eh? the Ottawa's decision to warn visitors after the murder of...

Canadian Underwater Photographer For Natgeo Drowns in Costa Rica

The treacherous underwater currents of Drake Bay claimed the life of a Canadian man who was reportedly part of a film crew working for...

Costa Rica Warns Migrans Not To Enter The Country Illegally

(QCOSTARICA) The Government of Costa Rica is warning large groups of Cubans and other migrants from Colombia. The government is reiterating its position that...