Costa Rica Changes Calculation Basis of Gross Domestic Product (GDP)

  The Banco Central de Costa Rica (BCCR) - Costa Rica's Central Bank - said it will stop using...

Comptroller General Says The Government Is Like A family Earning ¢100 But Spending ¢171

(QCOSTARICA) In simple terms, Comptroller General (Contralora General), Marta Acosta, explained that the economy  of government of Costa...

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...

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’s Credit Rating Impacted By ‘Slow’ Tax Reform

QCOSTARIA (Tax-News.com) Fitch Ratings has assigned Costa Rica a negative credit rating outlook as a result of fiscal...

Costa Rica Woke Up More Expensive This Morning

Hikes in Gasoline, Tolls and Electricity took effect This morning, Friday July 1. The lines were long at many...

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 With Almost Zero Inflation

(QCOSTARICA) In July, the consumer price index (CPI) recorded a monthly variation of 0.93%, placing annual inflation at...

President Solis Fears Higher Unemployment, Accepts Some Of The Blame

(qCOSTARICA) A possible deterioration in employment opportunities, particularly among the poorest areas of the country, has President Luis...

Negative Inflation Persists

QCOSTARICA - In September the consumer price index recorded a decrease of 0.26%, placing inter annual inflation at...

Costa Rica Sustainable Model & Investment Opportunities

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

Intel To Cut 100 Jobs In Costa Rica

Intel in Costa Rica announced Monday a cutback of 100 jobs in its manufacturing division.  The company says...

“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’s Inflation Rose In February

Q COSTA RICA - Costa Rica's annual inflation fo February 2017 was 1.09%, the consumer price index showingd...

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...

Avantica Starts Innovation Lab in San Carlos

The software engineering firm Avantica is trying to establish what it calls "innovation labs" in San Carlos, the...

Textiler Announces Move Of Costa Rica Operation to Vietnam And Lay Off of 1.250

COSTA RICA NEWS - Cartex Manufactura has joined the list of companies closing their doors and headed out...

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...

US Chicken to Enter Costa Rica Duty Free in 2022; Milk and Rice in 2025.

(qCOSTARICA) From January 2016 import tariffs will start to be phased out on chicken, rice and milk from...

Economic Activity Continues to Lose Strength

COSTA RICA NEWS -- The growth rate of 2.8% registered in August is the lowest since April 2013,...

Costa Rica: Annual Inflation up to March 3.05%

QCOSTARICA - A slight slowdown was seen compared with the data for February, inflation in the last twelve...

Wages In Costa Rica Rose 1.9%, Study Reveals

The Sistema Empresarial de Información Salarial (Salary Information Business System) survey reveals salaries in Costa Rica increased, on...

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...

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...

209,000 In Costa Rica Out Of Work

QCOSTARICA - The unemployment rate for the first quarter of 2016 was 9.5%, that is to say the...

Costa Rica Exporters Pressure Central Bank Over Exchange Rate

(QCOSTARICA) Costa Rica's export sector wants to regain competitiveness through devaluation of the colon, but the Central Bank...

Costa Rica Looks to Stave Off ‘Ratings Downgrade’ With Tax Increase

(Bloomberg) Costa Rica President Luis Guillermo Solis called on lelgislators to approve tax increases by early next year,...

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 Takes Gold For Most Prosperous In Central America, According to CNN Español (Video)

Q COSTA RICA - Costa Rica, the land of "Pura Vida",  takes the gold medal for being the...

Finance Minister: ‘I Drop My Head in Shame’

(QCOSTARICA) The Minister of Finance (Ministro de Hacienda), Helio Fallas, in an interview with Elfinancierocr.com (EF), said "I...

New “Centre For Automotive Justice” Promises To Resolve Conflicts In Vehicle Purchases

(QCOSTARICA) Buyers of cars in Costa Rica have an ally when things go wrong. The association of vehicle importers...

Costa Rica Economy Continues to Lose Momentum

QCOSTARICA - In February, the annual growth rate of economic activity was 2.2%, making this the tenth consecutive...

LATEST

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...

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...

The Puntarenas Cow Stare Down!

During my current visit to the Nicoya Peninsula, this cow in Playa Tambor was very vigilant of my presence. She followed my every move,...

Meet the Dark Side of Brazil’s Legendary Rio Carnival

Brazil’s female samba dancers the spill the beans on the darker side of working at the iconic Rio de Janeiro Carnival. Viviane Morais Ferreira Guimarães,...

Shrimp Conflict Between Mexico and Honduras Continues

It has been four months since Mexican authorities blocked shrimp imports from Honduras, with no solution in sight in the short term. Alleging the presence...

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

Costa Rica Borders Vulnerable To Entry Of Ebola Virus

COSTA RICA NEWS -- The key points of entry to Costa Rica are lacking specialists from the Ministry of HeaLth and the Caja Costarricense...

Latest “Platina Bridge” Repair Gets Underway Wednesday

The work to repair the bridge over the Virilla river on the autopista General Cañas, known popularly as the "platina bridge" that will last...

An Interesting Aspect of Private Motor Vehicle Insurance in Costa Rica

QCOSTA RICA BLOGS - It is “Marchamo” time again in Costa Rica, the name for the annual vehicle Circulation Certificate required to be purchased...

Which Country Is The Happiest In The World? Hint: It’s COSTA RICA!

QCOSTARICA - Ever consider packing up and moving to a different country, whether to get away from it all or simply to try something...

Commission Wants Costa Rica Minimum Driving Age At 21

QCR - The Comisión Costarricense de Cooperación con la Unesco (Costa Rican Commission for Cooperation with Unesco), a commission attached to the Ministry of...