Central Bank Eliminates Exchange Rate Bands and Begins A Managed Float

QCOSTARICA - The president of the Banco Central de Costa Rica (BCCR) - Central...

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

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

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...

Cargill Chooses Costa Rica For Its Business Services Centre

Cargill, owners of the well known brands in Costa Rica, Pipasa and Cinta Azul,...

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...

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...

Costa Rica’s Economy Projected To Grow 3.5% This Year

QCOSTARICA (CNNMoney) —Latin American currencies have plunged in value this year but Costa Rica...

Swiss Free Trade Deal With Costa Rica, Panama To Enter Into Force Aug. 29

COSTA RICA NEWS - The free trade agreement (FTA) between the European Free Trade...

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...

Mexican Companies Have Invested Over US$1.6 Billion in Costa Rica

COSTA RICA NEWS - Mexican investment in Costa Rica exceeds US$1.6 billion dollars, with...

Costa Rica GDP Up 3.2% in 2017

The increase reported at the end of the fourth quarter of 2017 is mainly...

Costa Rica Construction Up

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

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...

Labour Participation Still Falling in Costa Rica

(QCOSTARICA) In the third quarter the national net labour participation rate fell by 3%...

Costa Rica Economy Continues to Lose Momentum

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

Central Bank President: “We Must De-Dollarize The Economy”

QCOSTARICA - The president of the Central Bank (Banco Central de Costa Rica -...

Costa Rica With The Largest Deficit in Central America

This year marks a decade of the last fiscal surplus that Costa Rica had....

Higher Dollar Exchange Smacks ICE Finances

COSTA RICA NEWS -- ICE, the state electrical monopoly, received the worst shock in...

Costa Rica Cruise Season Expectations

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

Shoppers To Compete With Pricesmart, But No Membership

Located in Zapote, the new "hipermercado" (mega store) Shoppers opened its doors Saturday providing...

Loan Delinquency Gave Financial Institutions A Blow in September

QCOSTARICA - The amount of overdue loans and arrears indicator gave a blow to...

New Measures to Control Rise In Dollar Exchange

The Banco Central de Costa Rica (BCCR) or Central Bank has raised the monetary...

Citi and Bansol Customers Should See No Change, For Now

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

Costa Rica Unemployment Rises to 10.3%

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

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...

Costa Rica Credit Card Debt Up 14%

The number of cards in circulation grew by 13% between January 2017 and the...

813 Million Reasons For Ticos To Root For The Netherlands

COSTA RICA NEWS - There many reasons for Costa Ricans to cheer for the...

No Monkeying Around: Costa Rica Having A Good Banana Year So Far

(QCOSTARICA) Costa Rica banana sales up was 24% for first half of the year,...

Costa Rica Government Plans To Raise More Money On The Local Market

(QCOSTARICA)  In the second half of the year the Ministry of Finance (Ministerio de...

Costa Rica Taking Constructive Approach For Creating New IT Jobs

Costa Rica's information Technology (IT) sector is already taking a constructive approach to offset...

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...

Import of New Cars Reaches A Record High

COSTA RICA NEWS - The import of new cars hit a record 34.000 units...

TRENDING - 10 MOST POPULAR

LATEST