US Chicken to Enter Costa Rica Duty Free in 2022; Milk and Rice in 2025.

(qCOSTARICA) From January 2016 import tariffs will start to be phased out on chicken,...

Doing Business in Costa Rica Is More Difficult, Study Reveals

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

Costa Rican Plastics Firm Heads For Nicaragua

COSTA RICA NEWS - A company producing polyethylene products has closed part of its...

Moody’s Negative Outlook for Costa Rica’s Debt

Q24N - The agency has changed the outlook from stable to negative, warning that...

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...

2016 Minimum Wage To Increase 0.67%

QCOSTARICA - The Consejo Nacional de Salarios (National Wages Council) confirmed the government's proposal...

“Tramitomania” Costs The Country Jobs And Uncollected Taxes

The time spent on construction permits each year costs the country 5,284 homes and...

Costa Rica Stock Market Activity Shrinking

The failure of the Central Government's latest effort sell bonds on the local financial...

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...

China Says Not In A Position To Buy Costa Rica Bonds

QCOSTARICA - China's government has said that it cannot at this time buy the...

Dollar Could Hit ¢700 By The End of the Year

The dollar exchange rate could close 2018 and start 2019 in a range between ...

IMF Warns Costa Rica At Risk of Abrupt Financial Adjustment

QCOSTARICA - The high fiscal deficit that is dragging Costa Rica could cause the...

Central Bank intervenes with US$41 million to soften the rise in dollar exchange

The government is scraping the barrel to finance public spending, while the market reacts...

Fragmented Politics May Hinder Costa Rica Consolidation

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

Costa Rica Tourism Leads Service Exports

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

Fitch Affirms Costa Rica’s Foreign Currency IDRs at ‘BB+’; Outlook Negative

QCOSTARICA (4-Traders.com) Fitch Ratings has affirmed Costa Rica's Long-term foreign- and local-currency IDRs at...

Costa Rica Changes Calculation Basis of Gross Domestic Product (GDP)

  The Banco Central de Costa Rica (BCCR) - Costa Rica's Central Bank - said...

Costa Rica Economy Slows Dow Due to Less Domestic Demand

QCOSTARICA - The Central Bank (Banco Central de Costa Rica)  has confirmed the decline...

Costa Rica Treasury Issues US$514 million in Bonds

In the local market, an issuance was made of a fixed-rate security with maturity...

Costa Rica Unemployment Rises to 10.3%

The unemployed population with respect to the labor force increased 1.2%, going from 9.1%...

Alarm Over Closure of Companies in Costa Rica

QCOSTARICA - The private sector has pointed to the fact that the government lacks...

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...

Hacienda Looking To Replace Sales Tax With A Value Added Tax

COSTA RICA NEWS - The government of Luis Guillermo Solís is committed to lobbying...

The Impossible Costa Rica

QCOSTARICA - The unemployment rate now reaches 10% in a population where 60% of...

Costa Rica Economic Activity Up 3%

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

Fitch Warns Costa Rica About Runaway Debt

COSTA RICA NEWS  - Fitch Ratings of London has issued a warning to Costa...

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

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

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...

2014 Inflation Expected Between 4.9% and 5.1%

QCOSTARICA - Costa Rica's Central Bank (Banco Central de Costa Rica - BCCR) gave...

Multinational Companies Generated 13,754 New Jobs in 2017 in Costa Rica

The Coalición Costarricense de Iniciativas de Desarrollo (CINDE) - Costa Rican Investment Promotion Agency...

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...

Strong Slowdown in Inflation

(QCOSTARICA) In June, the CPI showed a variation of 0.43%, placing inflation in the...

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