Tourism Generated US$228 Billion In The Last Decade

Tourism has become the great machine for obtaining dollars for the Costa Rican economy,...

Costa Rica Treasury Issues US$514 million in Bonds

In the local market, an issuance was made of a fixed-rate security with maturity...

Incesa Standard Closes Costa Rica Plant, Lays Off 150

QCOSTARICA - Incesa Standard, manufacturer of kitchen and bath fixtures, announced it is moving...

Cargill Chooses Costa Rica For Its Business Services Centre

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

No Change in Unemployment in Costa Rica

The working-age population has increased, offsetting an increase in the employed population, with the...

Informality Takes Hold in Costa Rica

Four out of ten companies that operate outside the formal market are more than...

Shoppers To Compete With Pricesmart, But No Membership

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

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...

Loans in Colones Get More Expensive

Interest rates on bank loans have increased by between 0.11% and 6.6% in the...

Devaluating The Colon Divides Candidates

Devaluating the colon is the major difference, a clash point, between the economic teams...

Costa Rica Economic Activity Up 3.5%

The performance of the construction sector at the end of the year explained the...

Costa Rica Sustainable Model & Investment Opportunities

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

Costa Rica Cruise Season Expectations

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

Costa Rica to Issue US$4 billion in Foreign Markets

To avoid further pressure on local interest rates, the Ministry of Finance will be...

Strong Rebound in Construction Boosts Costa Rica’s economy

A strong recovery in construction modified the growth trend that the Costa Rican economy...

Bad Weather Cause Of Drop In Banana and Pineapple Exports

(QCOSTARICA) -- The gross volume of banana exports fell 13%, while pineapple exports are...

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...

An End To Excessive Perks For Government Employees Proposed

The majority of legislators declared war on a series of salary bonuses ("pluses salariales"...

Public Sector Salaries Increased 157% in 12 Years

The Government next year will pay in wages and benefits for public employees 157%...

IMF Mission: Fiscal Measures in Costa Rica Are Insufficient, But Necessary

The International Monetary Fund (IMF), during a visit to Costa Rica from June 12...

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...

Higher Dollar and Interest Rates Slowed Consumer Spending

The constant instability of the dollar exchange rate and the increase in interest rates,...

Costa Rica’s Agroexports Keep Slight Advantage Over Medical Devices

QCR BUSINESS - The value of exports from the agricultural sector remains slightly as...

Multinationals Leaving Costa Rica Took With Them 4.500 Jobs

QCOSTARICA - A total of  4.680 people were laid off this year, resulting from...

Wyndham To Open First Costa Rica Resort

COSTA RICA NEWS - Wyndham hotels and resorts announced it is planning to expand...

Teleperformance Acquires Its Competitor Aegis

Paris-based outsourcing firm Teleperformance has agreed to acquire Aegis,  the business process management arm from...

Amazon Adds 1.000 New Jobs in Costa Rica

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

Bacardi Opens New Shared Service Centre in Costa Rica

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

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...

New Measures to Control Rise In Dollar Exchange

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

Costa Rica Losses in the Agricultural Sector

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

Amazon Looking To Hire 1,500 To Expand Costa Rica Operations

(QCOSTARICA) Great news for those looking for work or to improve their current, Amazon.com...

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