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) -...

Costa Rica Economic Outlook Up To May

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

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...

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 Sustainable Model & Investment Opportunities

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

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...

Tax Evaders Targeted as Costa Rica Moves Past Downgrade

COSTA RICA NEWS -- (Bloomberg) Stung by a debt downgrade and company firings, Costa Rica’s new government is...

Moody’s Downgrades Costa Rica For Delays In Fiscal Reforms

COSTA RICA NEWS - True to its word, Moody's Investors Service on September 16, 2014, downgraded Costa Rica's...

Costa Rica Needs To Do Damage Control To Maintain Positive Image Abroad

President-elect Luis Guillermo Solís needs to do damage control, to maintain positive Costa Rica's image abroad following the...

Costa Rica Looking To The Canada To Attract Foreign Invesment

COSTA RICA BUSINESS NEWS -- Starting Monday, October 27, representatives of the government of Luis Guillermo Solís will...

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...

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,...

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...

ICT Betting On US$30 Million Convention Centre

COSTA RICA NEWS - The Instituto Costarricense de Turismo (ICT) is betting on the development of the Centro Nacional...

New Moín Terminal to Create 400 Jobs in Costa Rica

APM Terminals held a formal contract signing at the company’s global headquarters with the Van Oord-BAM consortium for...

The Impossible Costa Rica

QCOSTARICA - The unemployment rate now reaches 10% in a population where 60% of workers did not complete...

President Solís Plans To “Unshackle” Costa Rica’s Dependence On U.S.

The administration of Luis Guillermo Solís is expected to turn away from a long-standing U.S.-centric foreign policy towards...

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...

New Shopping Centre For Desamparados

COSTA RICA BUSINESS NEWS -- Yet another shopping centre will be constructed in Costa Rica market. The developer...

Spread on Costa Rica’s 2023 Bonds Widens to Record, Yield Jumps

QCOSTARICA (Bloomberg) The extra yield investors demand to hold Costa Rican bonds instead of similar-maturity U.S. Treasuries widened...

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 Entrepreneurs Cautious

(qCOSTARICA BUSINESS) The lack of changes in the economic outlook and the business and investment climate is keeping...

Higher Dollar Exchange Smacks ICE Finances

COSTA RICA NEWS -- ICE, the state electrical monopoly, received the worst shock in five years, losing almost...

Costa Rica Dollar Credit Growing Again

QCOSTARICA - The stability shown by the exchange rate between January and March explains the 12.5% ​​growth in...

Toshiba Lands in Tiquicia!

Costa Rica continues to be an attraction for international companies, the latest being electronics giant Toshiba. President Luis Guillermo...

Costa Rica: When “Under Executing” Would Be Good

COSTA RICA BUSINESS NEWS -- "There are many ways to define populism, but perhaps the most accurate is...

Tasa Básica Pasiva (TBP) Closes 2014 At 7.20%

QCOSTARICA - The Tasa Básica Pasiva (TBP) - basic rate - will close 2014 at 7.20%, in the...

Citi and Bansol Customers Should See No Change, For Now

COSTA RICA NEWS - The announcement this week of Citibank's moving away from consumer banking in Costa Rica...

Costa Rica To Cut Budget Deficit Outlook for 2014

Bloomberg - Costa Rica’s government will “definitely” lower the forecast for this year’s fiscal deficit as the government...

Another Megaport For Limón

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

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...

Problems in the Timber Industry: Chilean Wood is Rooted in the Country

COSTA RICA BUSINESS -- Entrepreneurs in the timber industry are complaining that excessive regulation and high production costs...