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san jose, costa rica
Sunday 25 June 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) -...

Costa Rica Economic Outlook Up To May

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

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...

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...

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...

Costa Rica Sustainable Model & Investment Opportunities

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

Proposed Metro (Subway) For San José Could Be Ready In 2021

COSTA RICA NEWS - The Colegio de Ingenieros y Arquitectos de Costa Rica (CFIA) is proposing the construction...

Shoppers To Compete With Pricesmart, But No Membership

Located in Zapote, the new "hipermercado" (mega store) Shoppers opened its doors Saturday providing Costa Ricans with a...

Another Megaport For Limón

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

Teleperformance Acquires Its Competitor Aegis

Paris-based outsourcing firm Teleperformance has agreed to acquire Aegis,  the business process management arm from India's Essar Group. Both...

Amazon Adds 1.000 New Jobs in Costa Rica

COSTA RICA NEWS -- Amazon Support Services Costa Rica is hiring an additional 1.000 people to fill positions...

Mabe Restructuring in Costa Rica And Lays Off 350

Mabe, the Mexican-based global company, announced Tuesday it will no longer manufacture stoves in Costa Rica, and as...

Costa Rica Economy Slows Dow Due to Less Domestic Demand

QCOSTARICA - The Central Bank (Banco Central de Costa Rica)  has confirmed the decline in domestic demand mainly...

Incesa Standard Closes Costa Rica Plant, Lays Off 150

QCOSTARICA - Incesa Standard, manufacturer of kitchen and bath fixtures, announced it is moving its manufacturing operations in...

Cargill Chooses Costa Rica For Its Business Services Centre

Cargill, owners of the well known brands in Costa Rica, Pipasa and Cinta Azul, announced it will be...

Hacienda Looking To Replace Sales Tax With A Value Added Tax

COSTA RICA NEWS - The government of Luis Guillermo Solís is committed to lobbying the Legislative Assembly, in...

New International Airport to Ignite Costa Rica Real Estate Boom

COSTA RICA BUSINESS NEWS - Previously slated to begin construction in 2025, the new international airport at Orotina,...

GNC Closes Costa Rica Stores For Dispute With the Ministry of Health

COSTA RICA BUSINESS NEWS - A number of alleged inconsistencies in regulations of the Ministerio de Salud (Health...

Caja Debt Leads To Shut Down Of La Condesa Shuts Down, 120 Out Of Work

COSTA RICA NEWS -- Indebted to the Caja Costarricense del Seguro Social (CCSS) - social security - and...

Bacardi Opens New Shared Service Centre in Costa Rica

COSTA RICA BUSINESS NEWS - Bacardi, the largest privately held, family-owned spirits company in the world, announced it...

Costa Rica Taking Constructive Approach For Creating New IT Jobs

Costa Rica's information Technology (IT) sector is already taking a constructive approach to offset the negative impact the...

Costa Rica Visitors Spending More

(QCOSTARICA) The Central Bank (Banco Central de Costa Rica - BCCR) says it registered "an important" increase of...

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...

Bad Weather Cause Of Drop In Banana and Pineapple Exports

(QCOSTARICA) -- The gross volume of banana exports fell 13%, while pineapple exports are down 15% in the...

Former Finance Minister Edgar Ayales: “Moody’s Downgrading Is A Chronicle of a Death Foretold”

COSTA RICA NEWS - In granting an interview with CRHoy, former Minister of Finance, Édgar Ayales, said he...

Fitch Affirms Costa Rica at ‘BB+’; Outlook Stable

Fitch Ratings has affirmed Costa Rica's ratings as follows: Long-term foreign and local currency IDRs at 'BB+'; Outlook Stable; Senior...

Fourteen More Hotels in Costa Rica

COSTA RICA BUSINESS NEWS -- Between October 2013 and September 2014 permits to build 53,827 square meters of...

Costa Rica Exports Stagnant for 2014 Q1

Costa Rica's exports registered virtually no change in the first quarter of 2014 over the same period last...

Costa Rica’s 2015 Budget Shows Mounting Fiscal Deficits

COSTA RICA NEWS - Costa Rica's 2015 budget highlights growing fiscal strains, which will adversely affect public debt...

Import of New Cars Reaches A Record High

COSTA RICA NEWS - The import of new cars hit a record 34.000 units last year, the highest...

Costa Rica Has Become a Pineapple Pepublic.

COSTA RICA NEWS -- Until recently, bananas were the most important export product of Costa Rica. But in...

Zona Francas Choose The Centre of The Country For Growth

(qCOSTARICA) - The Free Trade Zone Regime (Zona Francas in Spanish) are a definite benefit the country, generating...

LATEST

“We Cannot Let Down Our Guard,” Experts Say On Simultaneous Activity Of Three Volcanos

It's been a while, in fact since 1987 that Costa Rica did not register the simultaneous activity of three volcanos and experts warn that...

Reasons A Trip To Costa Rica Could Actually Change Your Life

Q TRAVEL This list  by Annie Daly was published on Buzzfeed in January last year, but still applies today. In Annie's words, "As a...

Construction of Restaurant On Disputed Land Halted in Tamarindo

(Tamarindo News) On May 22, the construction of a restaurant on a piece of land many believe to be the site of a Municipality-sanctioned...

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...

Eight Arrested in Colombia Shopping Mall Bombing

Official press conference announcing the Saturday’s arrest of the alleged bombers of the Centro Andino mall in Bogota The City Paper Bogota reports four men...

Clash Between Formal Taxi Drivers and Uber Drivers Results In Arrest Of 10

Being an Uber driver in Costa Rica cannot be easy given the resentment by formal taxi drivers that has often led to violence. Such as...

Puppet of History: Panama’s Manuel Noriega

The late General Manuel Antonio Noriega has done more to demonstrate the bipolar nature of US foreign policy in the Americas than any single,...

TRENDING / POPULAR

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...

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...

The 10 brands Preferred by Costa Ricans

Q COSTA RICA - Ever wonder, when grocery shopping at Automercado, Masxmenos or Pricesmart, for example, why Costa Ricans pick one product over another?...

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...

Nude Hotels & Beaches in Costa Rica

Doing what we all think about – going nude in a public, is not so easy in a conservative culture like Costa Rica. What...

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