ICE Seeking Electricity Rate Increase To Offset Lower Sales And Higher Financing Costs

When sales drop and financing costs go through the roof, in the real world...

Costa Rica: Year On Year Inflation up to November reaches 5.89%

COSTA RICA NEWS --  The Institute of Statistics and Census of Costa Rica (INEC)...

Basic Passive Rate Drops To 6.55%

The Banco Central de Costa Rica (BCCR) - Central Bank - dropped the Basic...

Moody’s Negative Outlook for Costa Rica’s Debt

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

Moody’s Downgrades Costa Rica For Delays In Fiscal Reforms

COSTA RICA NEWS - True to its word, Moody's Investors Service on September 16,...

New Shopping Centre For Desamparados

COSTA RICA BUSINESS NEWS -- Yet another shopping centre will be constructed in Costa...

Alarm Over Closure of Companies in Costa Rica

QCOSTARICA - The private sector has pointed to the fact that the government lacks...

Negative Inflation Persists

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

Dollar Exchange Rate Keeps Increasing in Costa Rica

Q COSTA RICA - In the last couple of weeks the Banco Central de...

South Korean Company Chooses Cartago, Creates 1.000 Jobs

Although Intel and Bank of America is leaving Costa Rica and with them 1.500...

Public Sector Salaries Increased 157% in 12 Years

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

Costa Rica Readies To Attract More Cruises

Costa Rica set a goal of attracting more cruise ships to its ports, not...

Mabe Restructuring in Costa Rica And Lays Off 350

Mabe, the Mexican-based global company, announced Tuesday it will no longer manufacture stoves in...

Dec 26 and Jan 2 NOT A Holiday In Costa Rica

Q COSTA RICA NEWS - Many were confused Monday by a report in La...

Costa Rica Sees ‘Intel Effect’ Ending as GDP Poised for Pickup

(QCOSTARICA Via Bloomberg) -- Costa Rica should see accelerating economic growth in the second...

Scotiabank Earned Half Its Profits in Latin America

Bank of Nova Scotia, which has touted Latin America as an engine for growth,...

Costa Rica Economy Continues to Lose Momentum

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

Pessimism reigns among businessmen

Pessimism reigns among entrepreneurs, in terms of how the Costa Rica economy could close...

OECD: Lack Of Competition Is Why Costa Rica Is So Expensive!

Costa Rica stands out as a country where a good portion of its markets...

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

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

Higher Dollar Exchange Smacks ICE Finances

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

Covidien Moving 25 Jobs To Costa Rica

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

Costa Rica Foreign Direct Investment Falls 21%

QCOSTARICA - The slowdown in economic activity in 2014 was also reflected in the...

Costa Rica Economic Outlook Up To May

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

Cargill Chooses Costa Rica For Its Business Services Centre

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

Costa Rica’s Unemployment Rate Down

COSTA RICA NEWS - During the second quarter of this year the unemployment rate...

Fourteen More Hotels in Costa Rica

COSTA RICA BUSINESS NEWS -- Between October 2013 and September 2014 permits to build...

Fitch Revises Costa Rica’s Outlook to Negative

QCOSTARICA (Reuters) Fitch Ratings has revised the Rating Outlook on Costa Rica's Long-term foreign...

Morales: Costa Rica Interested In Bolivia Gas

Costa Rican business has its eyes on Bolivia gas, says that country's president Evo...

Costa Rica Inflation Remains Near Zero

The groups with the greatest contribution to the CPI in October 2016 and were...

Amazon Adds 1.000 New Jobs in Costa Rica

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

Intel Will Start Taking Job Applications Next Month For Costa Rica Mega Lab Project

Skilled electronic engineers and lab technicians are among the first 100 jobs that Intel...

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