Costa Rica’s Direct Foreign Investment Fell 50%

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

Toshiba Lands in Tiquicia!

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

Shoppers To Compete With Pricesmart, But No Membership

Located in Zapote, the new "hipermercado" (mega store) Shoppers opened its doors Saturday providing...

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...

Costa Rica To Whittle Away At Tax Gap

Costa Rica's Minister of Finance Helio Fallas announced a number of new tax measures...

Solis: Costa Rica A `Trusted Ally’ for Investment [VIDEO]

COSTA RICA BUSINESS NEWS - In this video report by Bloomberg, Costa Rica's President...

Overproduction Reason For Falling Pineapple Prices

One would think that high production of an export product would have farmers dancing...

ICT Betting On US$30 Million Convention Centre

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

South Korean Company Chooses Cartago, Creates 1.000 Jobs

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

Costa Rica Among Countries To Endorse New Automatic Information Exchange Standard

The Declaration on Automatic Exchange of Information in Tax Matters has been endorsed by...

GNC Closes Costa Rica Stores For Dispute With the Ministry of Health

COSTA RICA BUSINESS NEWS - A number of alleged inconsistencies in regulations of the...

Fitch Affirms BICA’S at BB+; Outlook Stable

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

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...

Costa Rica To Cut Budget Deficit Outlook for 2014

Bloomberg - Costa Rica’s government will “definitely” lower the forecast for this year’s fiscal...

Morales: Costa Rica Interested In Bolivia Gas

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

Cargill Chooses Costa Rica For Its Business Services Centre

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

Mabe Restructuring in Costa Rica And Lays Off 350

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

Avantica Starts Innovation Lab in San Carlos

The software engineering firm Avantica is trying to establish what it calls "innovation labs"...

Wastelectric To Invest US$390 million in Costa Rica to Convert Solid Waste Into Electricity

Within 30 months, Costa Rica could have the largest electric generating plant via gasification...

Scotiabank Earned Half Its Profits in Latin America

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

Covidien Moving 25 Jobs To Costa Rica

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

Costa Rica Exports Stagnant for 2014 Q1

Costa Rica's exports registered virtually no change in the first quarter of 2014 over...

Costa Rica Needs To Do Damage Control To Maintain Positive Image Abroad

President-elect Luis Guillermo Solís needs to do damage control, to maintain positive Costa Rica's...

Costa Rica Taking Constructive Approach For Creating New IT Jobs

Costa Rica's information Technology (IT) sector is already taking a constructive approach to offset...

Citi Group Cuts Costa Rica Growth Forecast

Costa Rica's growth forecast has been cut by Citigroup after Intel and Bank of...

It’s Official: Intel Cutting 1.500 Jobs In Costa Rica

U.S. microprocessor chipmaker Intel announced on Tuesday, officially, that it is eliminating 1.500 jobs...

Bank Of America Leaving Costa Rica, Cutting 1.500 Jobs

Two days after Sunday's presidential elections, Bank of America deals a harsh blow to...

Fragmented Politics May Hinder Costa Rica Consolidation

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

Government Presents Five Year Plan To Heal Country’s Financial Problems

With only weeks to go of this current administration, Finance Minister, Édgar Ayales, is...

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...

Costa Rica One Step Closer To Pacific Alliance Membership

In Colombia, Presidenta Laura Chinchilla, today signed a declaration of commitment to the Alianza...

Dollar Exchange Rose ¢5.38 Wednesday

The dollar exchange keeps showing a strong upward trend and rose ¢5.38 in one...

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