U.S. Companies May Be Forced To Shut Down Costa Rica Call Centers

Q COSTA RICA - A bill in the U.S. Congress aims to force call...

Doing Business in Costa Rica Is More Difficult, Study Reveals

Eight out of ten entrepreneurs claim that an excess of formalities and the high...

Costa Rica: A Step Backwards for Debt Issuance

Arguing that the financial conditions and the term of the operation were not adequate,...

What could be expected with the exchange rate in the coming weeks?

The dollar has dropped, hovering the ¢600 mark after a high only a few...

Opened In Costa Rica First Clothing Store Accepting Bitcoins

On Thursday, December 14, the first clothing store that will accept bitcoins opened in...

Another Megaport For Limón

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

Costa Rica Economic Outlook Up To May

THE Q - Although the gradual process of credit dedollarization continues, the Central Bank...

Costa Rica Stock Market Activity Shrinking

The failure of the Central Government's latest effort sell bonds on the local financial...

Costa Rica Exported More Than US$3.3 Billion In Technology

Costa Rica exports in technology, information and communication (ICT) are valued at US$3.3 billion,...

Costa Rica to strengthen ties with the UAE

Costa Rica is planning to use the United Arab Emirates (UAE) as a hub...

President-elect Alvarado Faces Biggest Deficit In Three Decades

The challenge facing the next government led by President-elect Carlos Alvarado, is a Costa...

Tourism Generated US$228 Billion In The Last Decade

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

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...

Incesa Standard Closes Costa Rica Plant, Lays Off 150

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

Wyndham To Open First Costa Rica Resort

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

Cargill Chooses Costa Rica For Its Business Services Centre

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

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...

No Change in Unemployment in Costa Rica

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

Shoppers To Compete With Pricesmart, But No Membership

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

Costa Rica to Issue US$4 billion in Foreign Markets

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

Informality Takes Hold in Costa Rica

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

Central Bank intervenes with US$41 million to soften the rise in dollar exchange

The government is scraping the barrel to finance public spending, while the market reacts...

Brace Yourself For A Hike in Electricity Rates for 2019

The Instituto Costarricense de Electricidad (ICE) - the national power and light company (and...

Loans in Colones Get More Expensive

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

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...

Costa Rica Economic Activity Up 3.5%

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

Government resorts to “pawning grandma’s jewelry” to pay debts

The Government resorted to "pawning grandma's jewels" to be able to face the debts...

Strong Demand Pushes Up US Dollar Exchange

The strong demand for the US dollar that remains in the foreign exchange market,...

Public Sector Salaries Increased 157% in 12 Years

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

Teleperformance Acquires Its Competitor Aegis

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

Costa Rica Cruise Season Expectations

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

Costa Rica Sustainable Model & Investment Opportunities

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

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