20 C
san jose, costa rica
Thursday 24 August 2017

Costa Rica’s Agroexports Keep Slight Advantage Over Medical Devices

QCR BUSINESS - The value of exports from the agricultural sector remains slightly as the main generator of...

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...

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...

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...

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....

‘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...

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%...

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%,...

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...

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...

New Measures to Control Rise In Dollar Exchange

The Banco Central de Costa Rica (BCCR) or Central Bank has raised the monetary policy rate, this time...

Dollar Exchange Rate Keeps Increasing in Costa Rica

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

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 Economic Outlook Up To May

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

Costa Rica Sustainable Model & Investment Opportunities

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

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...

Prospects for Financial Companies in Costa Rica

Q COSTA RICA BUSINESS - After closing 2016 with a 37% drop in profits, financial companies expect to...

U.S. Companies May Be Forced To Shut Down Costa Rica Call Centers

Q COSTA RICA - A bill in the U.S. Congress aims to force call centers from nations like...

Costa Rica’s Inflation Rose In February

Q COSTA RICA - Costa Rica's annual inflation fo February 2017 was 1.09%, the consumer price index showingd...

Costa Rica Exonerates Millions of Dollars In Fuel Tax To Airlines

Q COSTA RICA - Costa Rica exonerated US$226 million dollars (¢128.501 billion colones at the current exchange rate)...

Another Megaport For Limón

Q COSTA RICA - A rumour that has been in the streets of port city of Limón for...

RECOPE Proposes Weekly Fuel Price Adjustments

Q COSTA RICA - Perhaps a public outcry, calling for the government to open the fuel market and...

Costa Rica Casts Its Net Wider for Investment as Deficit Widens

Q24N via Washington Post (Bloomberg) -- Costa Rica is looking to the vast reserves of the United Arab...

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

Q COSTA RICA NEWS - The favourable conditions in the global economy allowed Costa Rica's economy to an...

IMF Mission Concludes Visit to Costa Rica

PRESS RELEASE - A Concluding Statement describes the preliminary findings of IMF staff at the end of an...

Dec 26 and Jan 2 NOT A Holiday In Costa Rica

Q COSTA RICA NEWS - Many were confused Monday by a report in La Prensa indicating that Monday...

Hard Struggle for Costa Rica’s Commercial Sector

Commercial activity grew in 2016 driven by subsectors such as automobiles, although brakes were still encountered such as...

Costa Rica Takes Gold For Most Prosperous In Central America, According to CNN Español (Video)

Q COSTA RICA - Costa Rica, the land of "Pura Vida",  takes the gold medal for being the...

Labour Participation Still Falling in Costa Rica

(QCOSTARICA) In the third quarter the national net labour participation rate fell by 3% compared to the same...

LATEST

60 Central America Migrants Found in Freezing Truck in Texas

U.S. Customs and Border Protection officials discovered 60 migrants from Central America packed into a frozen food truck at a South Texas border checkpoint. A...

How Orange Peels Revived a Costa Rican Forest

  In the mid-1990s, 1,000 truckloads of orange peels and orange pulp were purposefully unloaded onto a barren pasture in a Costa Rican national park....

Why a Marxist Regime Precludes the Good Life

Totalitarian states such as North Korea or Cuba create a social framework in which our choices of actions are constrained, thus thwarting our opportunity...

Panamanian Governma Announces Visa Requirement for Venezuelans

(TODAY PANAMA) Panama announced this week that refugees fleeing Venezuela must have a stamped visa to enter the country. President Juan Carlos Varela released a...

Criticizing Nicolás Maduro’s regime may soon become a crime in Venezuela

(TODAY VENEZUELA) Criticizing Nicolás Maduro’s regime in Venezuela online may soon become a crime there. The new Constituent Assembly, which Maduro implemented unconstitutionally to...

Costa Rica’s Dancing With The Stars Pairs Former US Ambassador And Salsa Champion

Former U.S. ambassador to Costa Rica, Fitz Haney (S. Fitzgerald Haney), will take to the stage with dance partner, world salsa champion, Costa Rica...

Costa Rica With An Average Of 2 Homicides Per Day In The Past 34 Days

Q COSTA RICA - 74 homicides in the last 34 days, for an average of 2 murders per day, according to statistics from 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...

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...

RANDOM