Fitch Affirms Costa Rica at ‘BB+’; Outlook Stable

Fitch Ratings has affirmed Costa Rica's ratings as follows: Long-term foreign and local currency IDRs...

Majority of Businessmen Believe Dollar Exchange Rate May Be Over ¢560 This Year

QCOSTARICA BUSINESS (Crhoy.com) Three quarters (74.1%) of businessmen said that during the year the...

Costa Rica Credit Card Debt Up 21%

Between April 2016 and April 2017, the balance of credit card debt 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 Central Bank Move Likely to Curb Dollar Loans

COSTA RICA NEWS (Fitch Ratings, Feb. 12) - The move by Costa Rica's central...

Costa Rica Food Industry in Trouble

QCOSTARICA - In order to reverse poor performance in 2014 companies in the sector...

Costa Rica GDP Up 3.2% in 2017

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

Costa Rica’s National Convention Centre Project On The Stumbling Blocks

(QCOSTARICA) For the fourth time the office of the Comptroller General has returned without...

IMF Warns Costa Rica At Risk of Abrupt Financial Adjustment

QCOSTARICA - The high fiscal deficit that is dragging Costa Rica could cause the...

More Warnings Over Fiscal Deficit

Standard & Poor's maintained Costa Rica's debt rating at BB, but warned that it...

Accenture To Expand Costa Rica Operations, Add 300 Jobs

COSTA RICA NEWS --From New York, President Luis Guillermo Solís, announced that Accenture, that...

Coffee harvest will fall 11% in the 2018-2019 season

The Costa Rica coffee harvest will fall by 11% in the current collection period...

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)...

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...

Only 2 In 10 In Costa Rica Believe Now Is A Good Time To Buy A House or Car

QCOSTARICA - Eight out of ten in Costa Rica believe the coming six months...

Nicaragua Annual Inflation up to March 2017 is 3.66%

TODAY NICARAGUA – The monthly variation in March was 0.12%, mainly explained by the...

Zona Francas Choose The Centre of The Country For Growth

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

Costa Rica Exonerates Millions of Dollars In Fuel Tax To Airlines

Q COSTA RICA - Costa Rica exonerated US$226 million dollars (¢128.501 billion colones at...

Costa Rica Bridging Its Fiscal Gap

QCOSTARICA by Micheal Godfrey, Tax-News.com - Costa Rica said that government revenues grew at...

Costa Rica: A Step Backwards for Debt Issuance

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

Fragmented Politics May Hinder Costa Rica Consolidation

(The following statement was released by the rating agency -NEW YORK/LONDON, April 07 (Fitch)...

Eight Years Later, Costa Rica Looks to China for Bond Sale To Deal With Deficit

QCOSTARICA - The only precedent was controversial: the secret agreement for the sale of...

Wyndham To Open First Costa Rica Resort

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

President Solis Fears Higher Unemployment, Accepts Some Of The Blame

(qCOSTARICA) A possible deterioration in employment opportunities, particularly among the poorest areas of the...

Tasa Básica Pasiva (TBP) Closes 2014 At 7.20%

QCOSTARICA - The Tasa Básica Pasiva (TBP) - basic rate - will close 2014...

Tax Reform Apathy Results in Downgrade By Moody’s

  QCOSTARICA - Moody's Investors Service on February 8, 2016, changed the outlook on the...

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...

Price of the dollar continues to rise, already hits ¢600 at banks

The price of the dollar exchange continues to rise and the sale value at...

Interest Payments Stifling Costa Rica’s Public Finances

In Costa Rica, interest payments rose from 1.5% to 1.7% of GDP, and this...

Sales Tax on Vacation Rentals Stays; Finance Minister

COSTA RICA NEWS - Finance Minister, Helio Fallas, confirmed that after meeting with the...

Central Bank Rate Rises to 7.25%

COSTA RICA BUSINESS NEWS - The main reference bank rate for loans and investments...

Bacardi Opens New Shared Service Centre in Costa Rica

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

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