215 New Motorcycles A Day Are Registered

(QCOSTARICA) Between January and June 2016 almost 39,000 new motorcycles were registered in the...

Threats to Credit for Construction

In Costa Rica the index of activity in the construction sector has had 4...

Costa Rica Government Juggling to Alleviate Fiscal Deficit

  QCOSTARICA  - Refinancing loans and selling debt to China are part of the measures...

President Solis Fears Higher Unemployment, Accepts Some Of The Blame

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

Ministry of Finance Seeks To Attract Foreign Savers For Them To Buy Domestic Debt

(QCostarica) Last week, the director of Public Credit Ministry of Finance  Ministerio de Hacienda...

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...

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...

New “Centre For Automotive Justice” Promises To Resolve Conflicts In Vehicle Purchases

(QCOSTARICA) Buyers of cars in Costa Rica have an ally when things go wrong. The...

Costa Rica Exports Stagnant for 2014 Q1

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

Spread on Costa Rica’s 2023 Bonds Widens to Record, Yield Jumps

QCOSTARICA (Bloomberg) The extra yield investors demand to hold Costa Rican bonds instead of...

Costa Rica’s Economic Activity Continues to Decline

(QCOSTARICA) For the eleventh consecutive month economic activity continued to lose strength, recording in...

Costa Rica Strong Increase in the Financial Deficit

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

“September Deals” Kick Off This Weekend

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

Dollar Exchange Closes The Year At ¢611.75

It's been a roller coaster for the dollar exchange the last couple of months,...

Costa Rica Economic Activity Up 3%

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

Most Businesses in Costa Rica Not Expecting To Hire in 2015

COSTA RICA BUSINESS NEWS -- A survey of business by the Chamber of Private...

Costa Rica Exports Up 6% as of June 2018

In the first semester, sales of goods abroad totaled US$5.718 billion, registering an increase...

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...

Costa Rica pact Allows China To Expand Footprint in Central America

QCOSTARICA (Reuters) China and Costa Rica have signed a partnership agreement that could give...

Imports Down 18%

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

Costa Rica President Doesn’t See Need to Devalue Currency

QCOSTARICA - Costa Rica President Luis Guillermo Solis discusses the country's economic growth prospects...

Tasa Básica Pasiva (Prime Rate) Remains Steady at 7.15%

COSTA RICA NEWS - For the fifth consecutive week the prime rate (tasa básica...

Oscar Arias Unveils His Plan To Reduce The Country’s Fiscal Deficit

COSTA RICA NEWS -- Former president Oscar Arias joined the chorus of voices seeking...

Fragmented Politics May Hinder Costa Rica Consolidation

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

RECOPE Requests Increase In The Price of Fuel

The Refinadora Costarricense de Petróleo (RECOPE) requested on Friday an increase in the price...

Costa Rica Food Industry in Trouble

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

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...

Legislators Approve Plan Fiscal, President Signs Into Law

Legislators on Monday afternoon approved in second and final debate the Plan Fiscal -...

Costa Rica Looking To Update Its FTA With Canada

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

Costa Rica Exporters Pressure Central Bank Over Exchange Rate

(QCOSTARICA) Costa Rica's export sector wants to regain competitiveness through devaluation of the colon,...

Costa Rica Tourism Leads Service Exports

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

Tax Evaders Targeted as Costa Rica Moves Past Downgrade

COSTA RICA NEWS -- (Bloomberg) Stung by a debt downgrade and company firings, Costa...

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