Expansion of Caldera Port Almost Complete

COSTA RICA NEWS - The Puerto de Caldera (Port of Caldera), in Puntarenas, is...

Imports Down 18%

  QCOSTARICA - In the first three months of the year imports totaled US$3.679 billion,...

Costa Rica Food Industry in Trouble

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

Thousands of Jobs and Millions in Foreign Investment At Risk in Costa Rica If Trump Wins

QCOSTARICA - U.S. presidential candidate Donald Trump's promise to limit foreign operations raises concerns...

Costa Rica Strong Increase in the Financial Deficit

The financial deficit up to October 2017 reached 4.6% of GDP, above the 3.9%...

Costa Rica Looks to Stave Off ‘Ratings Downgrade’ With Tax Increase

(Bloomberg) Costa Rica President Luis Guillermo Solis called on lelgislators to approve tax increases...

Costa Rica Economic Activity Up 3%

The manufacturing industry and education services were the sectors that explained most of the...

Costa Rica’s Unemployment Rate Down

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

Accenture To Expand Costa Rica Operations, Add 300 Jobs

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

A Government Job In Costa Rica Is Better Than Winning The Lottery

It is said, getting a government job in Costa Rica better than winning the...

Labour Participation Still Falling in Costa Rica

(QCOSTARICA) In the third quarter the national net labour participation rate fell by 3%...

Costa Rica Credit Rating Cut to Junk as Government Fails to Reduce Deficit

COSTA RICA NEWS (Bloomberg) -- Moody's Investor Service has cut Costa Rica's credit rating...

Hacienda Extends Consultation on Tax Reform

QCOSTARICA - The Ministry of Finance (Ministerio de Hacienda) has postponed until April 17...

New International Airport to Ignite Costa Rica Real Estate Boom

COSTA RICA BUSINESS NEWS - Previously slated to begin construction in 2025, the new...

Costa Rica Negative Outlook Spreads to Banks

QCOSTARICA - Fitch Ratings has revised from "stable" to "negative" its perspective for international...

President Solis Fears Higher Unemployment, Accepts Some Of The Blame

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

Costa Rica Analyzes Possibly Joining Petrocaribe

COSTA RICA NEWS - The government of Costa Rica is evaluating the possible adhesion...

Credit Card Slow Down Though Business Continues To Be Profitable

(QCOSTARICA) The credit card portfolio in the banking sector weakened in the last two...

Fitch Affirms BICA’S at BB+; Outlook Stable

BUISNESS WIRE - Fitch Ratings has affirmed Banco Internacional de Costa Rica's (BICSA) Issuer...

Economic Activity Continues to Lose Strength

COSTA RICA NEWS -- The growth rate of 2.8% registered in August is the...

Scotiabank Earned Half Its Profits in Latin America

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

Toshiba Lands in Tiquicia!

Costa Rica continues to be an attraction for international companies, the latest being electronics...

Fitch Revises Costa Rica’s Outlook to Negative

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

Costa Rica Inflation 2.6% YOY as of March 2018

In March, the Consumer Price Index (CPI) recorded a monthly variation of 0.59%, mainly...

Government Plans To Create 15% VAT On Goods and Services

QCOSTARICA - The government on Tuesday proposed transforming the current sales tax of 13%...

Foreign Investment in Costa Rica Fell 21% in First Half of 2014

COSTA RICA NEWS -- Foreign Direct Investment (FDI) - Inversión Extranjera Directa (IED), in...

Credit Collections Increased 15% In First Half of 2013

Credit collections increased by 15% during the first half of the year according to...

Costa Rica Annual Inflation to March 2016 -1.09%

QCOSTARICA - Following the trend of the last five months, in March the Consumer...

Costa Rica and It’s Unpayable Debt?

QCOSTARICA - The Costa Rica economy is a time bomb, where increased debt accelerates...

Business: Stable Exchange Rate Affects Competitiveness

QCOSTARICA - The private sector is divided between those who believe there is a...

Costa Rica Year-on-Year Inflation up to June 2018 is 2%

In June, the CPI registered a monthly variation of 0.18%, mainly explained by prices...

Costa Rica Launches New System for State Purchases

In a "Solomonic" decision, the Ministry of Finance (Ministerio de Hacienda) has decided to...

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