President Solís Plans To “Unshackle” Costa Rica’s Dependence On U.S.

The administration of Luis Guillermo Solís is expected to turn away from a long-standing...

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...

Credit Collections Increased 15% In First Half of 2013

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

Legislators Approve Bill To Discourage “Speculative Capital” To The Country

Costa Rica's legislators approved Monday a bill that discourages the entry of speculative capital...

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...

Costa Rica Visitors Spending More

(QCOSTARICA) The Central Bank (Banco Central de Costa Rica - BCCR) says it registered...

Basic Passive Rate Drops To 6.55%

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

Amazon Announces 700 New Jobs

QCOSTARICA - Amazon is looking to hire 700 people in the coming three months,...

Costa Rica’s Direct Foreign Investment Fell 50%

COSTA RICA NEWS - Foreign direct investment (inversión extranjera directa - IED,in Spanish) fell...

Costa Rica Dollar Exchange Falling

In the last three months, the exchange rate of the U.S. dollar against the...

Wall Street Sours on Costa Rica

(Bloomberg Business) In a part of the world known for guerrillas, drug runners and...

Intel To Cut 100 Jobs In Costa Rica

Intel in Costa Rica announced Monday a cutback of 100 jobs in its manufacturing...

209,000 In Costa Rica Out Of Work

QCOSTARICA - The unemployment rate for the first quarter of 2016 was 9.5%, that...

Costa Rica: NO to VAT Increase and YES to Lower Public Spending

COSTA RICA BUSINESS NEWS --  Costa Rica's business sectors are pointing out the negative...

Dollar Exchange Rate Keeps Increasing in Costa Rica

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

Wages In Costa Rica Rose 1.9%, Study Reveals

The Sistema Empresarial de Información Salarial (Salary Information Business System) survey reveals salaries in...

Interest Payments Stifling Costa Rica’s Public Finances

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

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...

Sales Tax Revenue Dropped In The Last Six Years

QCOSTARICA - Sales tax revenues have dropped in the past six years, when compared...

ICT Betting On US$30 Million Convention Centre

COSTA RICA NEWS - The Instituto Costarricense de Turismo (ICT) is betting on the development...

Another Megaport For Limón

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

More Warnings Over Fiscal Deficit

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

Limit On Consumer Credit Rates Proposed

Excessive interest rates in Costa Rica may soon be a thing of the past,...

Costa Rica Looking To Update Its FTA With Canada

COSTA RICA NEWS -- President Luis Guillermo Solís has said that the Free Trade...

Textiler Announces Move Of Costa Rica Operation to Vietnam And Lay Off of 1.250

COSTA RICA NEWS - Cartex Manufactura has joined the list of companies closing their...

Finance Minister: ‘I Drop My Head in Shame’

(QCOSTARICA) The Minister of Finance (Ministro de Hacienda), Helio Fallas, in an interview with...

Prospects for Financial Companies in Costa Rica

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

Legislative Committee Approves Cuts in Budget

QCOSTARICA - The Fiscal Affairs Committee of the Legislative Assembly passed out a second...

Tax Reform Apathy Results in Downgrade By Moody’s

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

Expansion of Caldera Port Almost Complete

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

Unemployment Falls To 9.5%

QCOSTARICA - 14,000 in Costa Rica left the unemployment line in the second quarter...

Costa Rica Foreign Direct Investment Falls 21%

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

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