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...

Damages Over Nate Expected To Fuel New Increases In Food Prices

An expected lower supply of vegetables, some fruits, meats and dairy products due to...

Costa Rica’s Central Bank Gets US$1 Billion Credit Line To Strengthen Foreign Reserves

Costa Rica's Central Bank (Banco Central de Costa Rica - BCCR) is getting a...

Doing Business in Costa Rica Is More Difficult, Study Reveals

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

Interest Payments Stifling Costa Rica’s Public Finances

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

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 to strengthen ties with the UAE

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

Costa Rica’s Agroexports Keep Slight Advantage Over Medical Devices

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

Higher Dollar and Interest Rates Slowed Consumer Spending

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

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...

Loans in Colones Get More Expensive

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

“No Hay Plata” – No Free Lunch In Costa Rica!

After recognizing the serious liquidity problems, last week the government of Luis Guillermo Solis...

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...

‘Nobody Wants Costa Rica To Be Another Greece’, President Solis

  President Luis Guillermo Solis shakes off criticism following his Tuesday evening's television address to...

Costa Rica Government Faces “Liquidity” Problems

President Luis Guillermo Solis announced Tuesday night that the government "faces liquidity difficulties to...

Costa Rica Tourism Leads Service Exports

Of the US$8.792 billion generated from services exports in Costa Rica between April 2016...

Costa Rica Credit Card Debt Up 21%

Between April 2016 and April 2017, the balance of credit card debt in Costa...

Costa Rica YoY Inflation to June 2017 is 1.77%

Q COSTA RICA - In June the consumer price index (CPI) rose by 0.08%,...

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...

New Measures to Control Rise In Dollar Exchange

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

Dollar Exchange Rate Keeps Increasing in Costa Rica

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

No Change in Unemployment in Costa Rica

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

Costa Rica Economic Outlook Up To May

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

Costa Rica Sustainable Model & Investment Opportunities

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

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...

Nicaragua Annual Inflation up to March 2017 is 3.66%

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

Prospects for Financial Companies in Costa Rica

Q COSTA RICA BUSINESS - After closing 2016 with a 37% drop in profits,...

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...

Costa Rica’s Inflation Rose In February

Q COSTA RICA - Costa Rica's annual inflation fo February 2017 was 1.09%, the...

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...

Another Megaport For Limón

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

RECOPE Proposes Weekly Fuel Price Adjustments

Q COSTA RICA - Perhaps a public outcry, calling for the government to open...

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