‘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...

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’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...

“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...

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...

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...

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...

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 Tourism Leads Service Exports

Of the US$8.792 billion generated from services exports in Costa Rica between April 2016 and March 2017, 45%...

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 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...

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....

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...

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...

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...

Another Megaport For Limón

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

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...

Jobs, Jobs and More Jobs…As Established Companies Looking To Hire

Despite the general consensus of late among many that the business climate in Costa Rica has slowed down...

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...

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...

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...

Costa Rica Losses in the Agricultural Sector

84,000 hectares of crops were flooded and 67,000 kilos of trout and tilapia, 24,000 hens and about 7,000...

Interest Payments Stifling Costa Rica’s Public Finances

In Costa Rica, interest payments rose from 1.5% to 1.7% of GDP, and this increase accounts for 32%...

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...

LATEST

Schoolgirls Recruited Classmates For Prostitution

Four adolescents between the ages of 16 and 17 were arrested as suspected of trafficking in persons for the purpose of sexual exploitation (pimping)...

Police In Early Morning Gunfight In La Sabana

Right out of the page of an action movie, police find two bodies, gagged and shot, inside a minivan after a gunfight with three...

Sad Christmas! Early Tuesday Morning Accident Claims Lives Of Four

The longed-for Christmas shopping trip of three friends from Tibas and La Uruca ended in tragedy Tuesday morning, in a fiery head-on collision near...

What Did Homer Tell Keylor?

  ¡Pura vida maes! The Simpsons are in Costa Rica, continuing with their #TravesíaSimpson in Central America. ¡¡Bienvenido al mundo amarillo @NavasKeylor !!#TravesíaSimpson pic.twitter.com/TSxOGjT500 — Simpsonized (@realsimpsonized)...

From Romania to Costa Rica: The Persuasive Power of Green Mortgages

There are two homes across the street from each other and both are for sale. They look the same, except one costs more than...

Bishop Baez: “Paralyzed by fear, we are getting used to physical and moral violence”

Managua (Agenzia Fides) – “There is paralysis due to fear. There are people who are paralyzed by fear, unable to speak or express their...

Canal Future Could Rest On Going Green

The future of the Panama Canal in the face of accelerating climate change may depend on innovative green initiatives including floating solar panels. A solar...

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...

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...

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...

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...

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