Banco Nacional and BCR lower rates and facilitate moving loans from dollars to colones

State banks, the Banco Nacional (BN) and Banco de Costa Rica (BCR), in a...

Costa Rica Economy Slows Dow Due to Less Domestic Demand

QCOSTARICA - The Central Bank (Banco Central de Costa Rica)  has confirmed the decline...

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...

Covidien Moving 25 Jobs To Costa Rica

Covidien, a global healthcare products company and manufacturer of medical devices and supplies, announced...

Costa Rica Dollar Credit Growing Again

QCOSTARICA - The stability shown by the exchange rate between January and March explains...

Costa Rica pact Allows China To Expand Footprint in Central America

QCOSTARICA (Reuters) China and Costa Rica have signed a partnership agreement that could give...

Another Blow To Costa Rica’s Credit Standing

(QCOSTARICA) JP Morgan Chase, the largest bank in the United States, is advising its...

U.S. Interception of Costa Rican Products With Pests Decreased

QCOSTARICA - According to data from the State Phytosanitary Service (SFE), part of the...

Fitch Affirms BICA’S at BB+; Outlook Stable

BUISNESS WIRE - Fitch Ratings has affirmed Banco Internacional de Costa Rica's (BICSA) Issuer...

Fiscal Transparency “Half Finished”

QCOSTARICA - The OECD has given an overall grade of "largely fulfilled" but noted...

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...

Zona Francas Choose The Centre of The Country For Growth

(qCOSTARICA) - The Free Trade Zone Regime (Zona Francas in Spanish) are a definite...

Amazon Adds 1.000 New Jobs in Costa Rica

COSTA RICA NEWS -- Amazon Support Services Costa Rica is hiring an additional 1.000...

Most Businesses in Costa Rica Not Expecting To Hire in 2015

COSTA RICA BUSINESS NEWS -- A survey of business by the Chamber of Private...

Does the government have the money to pay the Aguinaldo for this 2018?

If you ask me today if I have it, I say no (...). There...

Limit On Consumer Credit Rates Proposed

Excessive interest rates in Costa Rica may soon be a thing of the past,...

Costa Rica Exports Fall and Rise

(QCOSTARICA) The exit of Intel manufacturing operations in Costa Rica caused a dramatic fall...

Costa Rica Year-on-Year Inflation up to May 2018 is 2%

In May, the Consumer Price Index (CPI) registered a negative monthly variation of 0.11%,...

Tasa Básica Pasiva (Prime Rate) Remains Steady at 7.15%

COSTA RICA NEWS - For the fifth consecutive week the prime rate (tasa básica...

Costa Rica Unemployment Rises to 10.3%

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

Bacardi Opens New Shared Service Centre in Costa Rica

COSTA RICA BUSINESS NEWS - Bacardi, the largest privately held, family-owned spirits company in...

Wall Street Sours on Costa Rica

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

Fitch Warns Costa Rica About Runaway Debt

COSTA RICA NEWS  - Fitch Ratings of London has issued a warning to Costa...

Intel To Cut 100 Jobs In Costa Rica

Intel in Costa Rica announced Monday a cutback of 100 jobs in its manufacturing...

Avantica Starts Innovation Lab in San Carlos

The software engineering firm Avantica is trying to establish what it calls "innovation labs"...

Costa Rica Tourism Leads Service Exports

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

Costa Rica Sustainable Model & Investment Opportunities

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

Costa Rica Long-Term Ratings Lowered To ‘BB-‘

QCOSTA RICA ECONOMY - Noting the political system's inability to agree on fiscal issues,...

Costa Rica Exporters Pressure Central Bank Over Exchange Rate

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

Moody’s Negative Outlook for Costa Rica’s Debt

Q24N - The agency has changed the outlook from stable to negative, warning that...

Costa Rica Construction Up

(Q24N) The total square metres of construction registered during the first three months of...

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...

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