‘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 Dollar Exchange Falling

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

Dollar Exchange Rate Keeps Increasing in Costa Rica

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

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 lottery. And here's why. A...

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 the Restauración Nacional party...

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 damage caused by Tropical...

Costa Rica Banks Also Graded as Negative

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

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 billion-dollar boost by way...

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...

Doing Business in Costa Rica Is More Difficult, Study Reveals

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

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, according to a press...

“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...

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 Economic Activity Continues to Decline

The economic slowdown recorded in October is mainly due to the adverse weather effects from tropical storm Nate,...

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...

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...

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%...

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...

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 this would mean financial...

Opened In Costa Rica First Clothing Store Accepting Bitcoins

On Thursday, December 14, the first clothing store that will accept bitcoins opened in Costa Rica. Felipe Kirsch, representative...

Costa Rica Cruise Season Expectations

  For the 2017-2018 cruise ship season, the Caribbean port town of Limon expects the arrival of 240,000 tourists...

Costa Rica Stock Market Activity Shrinking

The failure of the Central Government's latest effort sell bonds on the local financial market leads analysts to...

Another Megaport For Limón

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

Costa Rica to strengthen ties with the UAE

Costa Rica is planning to use the United Arab Emirates (UAE) as a hub to look for investment...

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...

Costa Rica Sustainable Model & Investment Opportunities

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

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...

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...

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...

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....

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...

LATEST

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...

Guatemala to Claim US$122 Million From Odebrecht

Following the Brazilian construction company's abandonment of the road work contract that had been awarded, the government intends to make a claim on the...

Canadian Man Critically Injured Stuck in Costa Rica Because Ontario Has No Hospital Bed For Him

A Canadian man seriously injured in the Costa Rican jungle just wants to go home. But he can't, because no hospital in his native...

Panama Company Pleads Guilty In U.S. To Bribing Costa Rican Soccer Official

The Panama-based company, Mimo International Imports and Exports, on Wednesday pleaded guilty to the former president of the Costa Rican Football Federation (Fedefútbol), Eduardo...

Mapping Costa Rica’s Aquifers

Through an alliance with the US Geological Survey, the government of Costa Rica will be carrying out an assessment of aquifers nationwide. The aim of...

Increase In Passenger Arrivals Saturates San Jose Airport

The hundreds of tourists arriving at Costa Rica's main international airport, the Juan Santamaria (SJO), in San Jose eager to discover the beauties of...

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

13 Year Old Divides Her Time Between Being A Full Time Student And Mother

QCOSTARICA - At 13 years of age, María Fernanda divides her time between being a full time student and a full time mother to...

Homeless Venezuelans Aren’t the Only Ones Eating From the Trash — Blue Collar Workers Do Too

TODAY VENEZUELA - Being in charge of a family, having a job and earning a minimum wage but not being able to feed your loved...

Central Bank Changes Methodoloy For Setting Reference Dollar Exchange Rate

Q COSTA RICA - The Banco Central de Costa Rica (BCCR) - Central Bank - applied on Tuesday the change in methodology for calculating...

Costa Rica’s “Men At Work” Repairing and Maintaining Our Roads (Photos)

QCOSTARICA - A collection of photos on Costa Rica's road work and maintenance (or lack thereof). The collection is from photos taken from the...

Where do English Teachers Live in Costa Rica?

Costa Rica English Teaching News - One of the most common queries about teaching English in Costa Rica is the question of where a teacher...