Avantica Starts Innovation Lab in San Carlos

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

Caja Debt Leads To Shut Down Of La Condesa Shuts Down, 120 Out Of Work

COSTA RICA NEWS -- Indebted to the Caja Costarricense del Seguro Social (CCSS) -...

VAT Will Affects Construction Costs, Says CCC

COSTA RICA NEWS -- Employers say the value added tax of 13% on services...

New International Airport to Ignite Costa Rica Real Estate Boom

COSTA RICA BUSINESS NEWS - Previously slated to begin construction in 2025, the new...

Loans in Colones Get More Expensive

Interest rates on bank loans have increased by between 0.11% and 6.6% in the...

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...

Costa Rica Inflation Below 1%

In August the Consumer Price Index (CPI) recorded a monthly variation of 0.03%, putting...

Costa Rica Readies To Attract More Cruises

Costa Rica set a goal of attracting more cruise ships to its ports, not...

Import of New Cars Reaches A Record High

COSTA RICA NEWS - The import of new cars hit a record 34.000 units...

Fiscal Transparency “Half Finished”

QCOSTARICA - The OECD has given an overall grade of "largely fulfilled" but noted...

ICT Betting On US$30 Million Convention Centre

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

Costa Rica Government Plans To Raise More Money On The Local Market

(QCOSTARICA)  In the second half of the year the Ministry of Finance (Ministerio de...

Costa Rica Annual Inflation to March 2016 -1.09%

QCOSTARICA - Following the trend of the last five months, in March the Consumer...

Costa Rica YoY Inflation to June 2017 is 1.77%

Q COSTA RICA - In June the consumer price index (CPI) rose by 0.08%,...

Costa Rica Sees ‘Intel Effect’ Ending as GDP Poised for Pickup

(QCOSTARICA Via Bloomberg) -- Costa Rica should see accelerating economic growth in the second...

Costa Rica to Import 25,000 Tons Of Duty-Free Beans

The government is preparing a decree of a shortage in order to authorize the...

Costa Rica Dollar Credit Growing Again

QCOSTARICA - The stability shown by the exchange rate between January and March explains...

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

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

Costa Rica’s Unemployment Rate Down

COSTA RICA NEWS - During the second quarter of this year the unemployment rate...

Aguinaldo To Boost Economy With ¢714 Billion Injection of Cash

COSTA RICA NEWS -- In less than a month, starting DecembeR 1, the Costa...

Costa Rica and It’s Unpayable Debt?

QCOSTARICA - The Costa Rica economy is a time bomb, where increased debt accelerates...

Fitch Revises Costa Rica’s Outlook To Negative; Affirms Ratings At ‘BB’

Fitch Ratings revised the rating of the Costa Rican economy from stable to negative,...

Bancredito Branches Will Cease To Operate On July 14; 500 Employees Being Laid Off

The State bank, Banco Crédito Agrícola de Cartago (Bancrédito) has literally only days of...

“September Deals” Kick Off This Weekend

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

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