Costa Rica Government Faces “Liquidity” Problems

President Luis Guillermo Solis announced Tuesday night that the government "faces liquidity difficulties to...

‘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...

Costa Rica Dollar Exchange Falling

In the last three months, the exchange rate of the U.S. dollar against the...

Intel Downsizing In Costa Rica, Cutting 200 Jobs

Intel, which maintains a research center and a mega laboratory in Costa Rica, initiated...

Dollar Could Hit ¢700 By The End of the Year

The dollar exchange rate could close 2018 and start 2019 in a range between ...

One Step Closer to a Tax Reform

The Costa Rican Legislature has accepted a fast track bill that would transform the...

Dollar Exchange Rate Keeps Increasing in Costa Rica

Q COSTA RICA - In the last couple of weeks the Banco Central de...

A Government Job In Costa Rica Is Better Than Winning The Lottery

It is said, getting a government job in Costa Rica better than winning the...

More Warnings Over Fiscal Deficit

Standard & Poor's maintained Costa Rica's debt rating at BB, but warned that it...

Wall Street Sours on Costa Rica

(Bloomberg Business) In a part of the world known for guerrillas, drug runners and...

Costa Rica Banks Also Graded as Negative

In line with last week's revision from stable to negative for Costa Rica's economy...

Costa Rica Bonds Fall In Price After Latest Poll Of Fabricio Alvarado In The Lead

The University of Costa Rica (UCR) poll released on Tuesday revealing Fabricio Alvarado of...

Costa Rica Tourism Leads Service Exports

Of the US$8.792 billion generated from services exports in Costa Rica between April 2016...

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...

OECD: Lack Of Competition Is Why Costa Rica Is So Expensive!

Costa Rica stands out as a country where a good portion of its markets...

Costa Rica With The Largest Deficit in Central America

This year marks a decade of the last fiscal surplus that Costa Rica had....

Costa Rica Unemployment Rises to 10.3%

The unemployed population with respect to the labor force increased 1.2%, going from 9.1%...

Costa Rica’s Central Bank Gets US$1 Billion Credit Line To Strengthen Foreign Reserves

Costa Rica's Central Bank (Banco Central de Costa Rica - BCCR) is getting a...

Fitch Revises Costa Rica’s Outlook To Negative; Affirms Ratings At ‘BB’

Fitch Ratings revised the rating of the Costa Rican economy from stable to negative,...

Dollar Exchange Recorded On Monday The Highest Single Day Increase of 2018

The average price of the US dollar in the Monex wholesale market rose on...

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...

Costa Rica Tourism Big Business

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

Hello, Devaluation! Central Bank ‘Got Tired’ Of Spending Reserves To Curb Rise In The Dollar

On Wednesday, October 31, 2018, the dollar exchange moved from one to the next...

Costa Rica Economic Activity Continues to Decline

The economic slowdown recorded in October is mainly due to the adverse weather effects...

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

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

Price of the dollar continues to rise, already hits ¢600 at banks

The price of the dollar exchange continues to rise and the sale value at...

Central Bank has used $1.1 billion of reserves to avoid abrupt increases in the price of the dollar

The Banco Central de Costa Rica (BCCR) - Central Bank of Costa - reported...

“No Hay Plata” – No Free Lunch In Costa Rica!

After recognizing the serious liquidity problems, last week the government of Luis Guillermo Solis...

Doing Business in Costa Rica Is More Difficult, Study Reveals

Eight out of ten entrepreneurs claim that an excess of formalities and the high...

ICE Seeking Electricity Rate Increase To Offset Lower Sales And Higher Financing Costs

When sales drop and financing costs go through the roof, in the real world...

Costa Rica: A Step Backwards for Debt Issuance

Arguing that the financial conditions and the term of the operation were not adequate,...

Costa Rica Treasury Issues US$514 million in Bonds

In the local market, an issuance was made of a fixed-rate security with maturity...

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