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...

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...

Costa Rica Inflation Declines

Costa Ricans who suffered from intense sticker shock, especially on food items, during the...

Intel To Cut 100 Jobs In Costa Rica

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

Costa Rica Economists Say Valued Added Tax To Shoot Up Cost of Living

Moving from a sales tax on goods to to a value added tax (IVA...

New Taxes Is Government’s Porposal For Decifit Cuts

New taxes are part of a set of proposals by the government to cut...

New Moín Terminal to Create 400 Jobs in Costa Rica

APM Terminals held a formal contract signing at the company’s global headquarters with the...

“September Deals” Kick Off This Weekend

September comes loaded with deals of up to 50% or more on merchandise that...

Limit On Consumer Credit Rates Proposed

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

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 Lifts Limits on Dollar Loans

(Reuters) - Costa Rica scrapped limits on dollar loans on Wednesday as external headwinds...

Basic Passive Rate Drops To 6.55%

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

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