27 C
san jose, costa rica
Tuesday 23 May 2017

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...

Costa Rica Inflation Remains Near Zero

The groups with the greatest contribution to the CPI in October 2016 and were rental and housing services,...

Protecting The Purse Strings: Hacienda Restricts Import of New Cars To Avoid Falling Tax Value

(QCOSTARICA) Avoiding a fall in fiscal (tax) values, the Ministry of Finance (Ministerio de Hacienda) has issued a...

Costa Rica’s National Convention Centre Project On The Stumbling Blocks

(QCOSTARICA) For the fourth time the office of the Comptroller General has returned without having approved the contract...

Costa Rica Looks to Stave Off ‘Ratings Downgrade’ With Tax Increase

(Bloomberg) Costa Rica President Luis Guillermo Solis called on lelgislators to approve tax increases by early next year,...

President Solis In South Korea, His 13th Trip Abroad So Far This Year

(QCOSTARICA) On Tuesday, President Luis Guillermo Solis began a four-day trip to South Korea in an effort to...

Costa Rica Projecting Decline in Coffee Production

(QCOSTARICA) The national coffee harvest for the 2016-2017 season is expected to see a slight decline of 6.4%...

215 New Motorcycles A Day Are Registered

(QCOSTARICA) Between January and June 2016 almost 39,000 new motorcycles were registered in the Costa Rica, which is...

Thousands of Jobs and Millions in Foreign Investment At Risk in Costa Rica If Trump Wins

QCOSTARICA - U.S. presidential candidate Donald Trump's promise to limit foreign operations raises concerns in Costa Rica, where...

Costa Rica and It’s Unpayable Debt?

QCOSTARICA - The Costa Rica economy is a time bomb, where increased debt accelerates the countdown, says a...

Amazon Looking To Hire 1,500 To Expand Costa Rica Operations

(QCOSTARICA) Great news for those looking for work or to improve their current, Amazon.com plans to hire 1,500...

Costa Rica Inflation Below 1%

In August the Consumer Price Index (CPI) recorded a monthly variation of 0.03%, putting annual inflation at 0.60%,...

Threats to Credit for Construction

In Costa Rica the index of activity in the construction sector has had 4 consecutive months of downturn,...

Growth With Risks in Costa Rica

(QCOSTARICA) Excess liquidity in the financial system, soaring loans in dollars, a rising fiscal deficit and a less...