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san jose, costa rica
Thursday 19 October 2017

Christmas Arriving In November in Costa Rica: Gas Price Drop On The Way

Christmas is arriving early in Costa Rica this year, a reduction in gasoline prices that will take effect...

Costa Rica’s Central Bank Gets US$1 Billion Credit Line To Strengthen Foreign Reserves

Costa Rica's Central Bank (Banco Central de Costa Rica - BCCR) is getting a billion-dollar boost by way...

Rise in the Price of the US Dollar in Costa Rica

A rebound in demand for US dollars explains the increase of just over 5.36 colones registered in the...

Three Reasons Universal Basic Income Will Never Work

Every so often a new study is released, concluding that a universal basic income (UBI) is needed to...

“English” Is An Important Factor In High Paying Jobs in Costa Rica

More and more, a dominance level of English is a factor in higher paying jobs in Costa Rica....

ZipCar Launches Carsharing Service in Costa Rica

Q MONEY - Zipcar, the carsharing service, has announced it's launch in Costa Rica, joining in Zipcar’s international...

Costa Rica Expands Access To Housing Finance

The Inter-American Investment Corporation (IIC) has established a strategic partnership with Cooperativa Nacional de Educadores (Coopenae), a leading...

Another Ruling in Favor of Protectionism, Sala IV Ratifies Ban On Rice Promotions

  In Costa Rica, the Constitutional Court or Sala IV has rejected an appeal of unconstitutionality against the prohibition...

U.S. Remittances To Costa RicaUp In First Quarter of 2017

According to data published by the Banco Central (Central Bank), as part of the quarterly balance of payments...

Central Bank Changes Methodoloy For Setting Reference Dollar Exchange Rate

Q COSTA RICA - The Banco Central de Costa Rica (BCCR) - Central Bank - applied on Tuesday...

The 10 brands Preferred by Costa Ricans

Q COSTA RICA - Ever wonder, when grocery shopping at Automercado, Masxmenos or Pricesmart, for example, why Costa...

Costa Rica’S Autopistas del Sol Issues Landmark Project Bonds

QMONEY - Two international law firms, Jones Day (US) and BLP (UK), have helped Autopistas del Sol (Globalvia),...

New Measures to Control Rise In Dollar Exchange

The Banco Central de Costa Rica (BCCR) or Central Bank has raised the monetary policy rate, this time...

The “YoYo” Dollar Exchange Rate: ¢18 Colones Drop In Three Days

Q MONEY - After hitting almost ¢600 Colones to one US dollar last week, the reference rate today...

Central Bank Says It Will Spend US$1 Billion To Shore Up The Colon

You Want Dollars? Have a billion! At a press conference and in the face of continued exchange rate...

What Will Happen With The Rise In The Dollar Exchange?

The increases in the dollar exchange rate surprised many this week, who were confident that the dollar would...

Dollar Exchange Rate Keeps Climbing, It Has Already Reached ¢595

Q COSTA RICA - The Colon exchange rate against the U.S. dollar continues its upward trend, given the...

Costa Rica Continues With The Highest Gasoline Prices In The Region

Q COSTA RICA - Costa Rica continues with the highest fuel prices in Central America. The Price of a...

Dollar Exchange Rate Keeps Increasing in Costa Rica

Q COSTA RICA - In the last couple of weeks the Banco Central de Costa Rica (BCCR) -...

Financial Education in Costa Rica

In Costa Rica, a large part of the population still has inadequate or no access to finance. This...

Banks Fear Increased Requests To Change Loans From Dollars to Colones

Q MONEY - A hike of ¢9.64 colones in the dollar exchange market since last Friday alone has...

New VAT Expected To Be Kept At 13 Percent

Q COSTA RICA - Costa Rica may opt for a lower value-added tax (VAT) rate if and when...

Dollar Exchange Hit ¢580 On Tuesday

Q COSTA RICA - The dollar exchange on Tuesday by some banks reached ¢580 colones for the sell....

In Costa Rica Fewer Checks, More Online Banking

The ease of making secure transactions with just one click, from the house, office or even a smartphone...

Costa Rica Dollar Exchange Rate Continues to Rise

Q COSTA RICA - In the first four months of the year the price of the dollar in...

NO To Fixing Rice Prices In Costa Rica

Q COSTA RICA - The Comisión para la Promoción de la Competencia (Coprocom) - Commission for the Promotion...

Banco Central Proposes Change in Method for Calculating Exchange Rate

Q COSTA RICA - Costa Rica's Central Bank (Banco Central de Costa Rica - BCCR) proposes modifying the...

Regulator Proposes Limitations on Bank Loans

Q COSTA RICA - The General Superintendency of Financial Institutions (SUGEF) is proposing banks have additional capital requirements...

Half of New Vehicles Sold In Costa Rica Are Financed

Q COSTA RICA - Here is something that is of no surprise to most in Costa Rica, about...

Gasoline To Be More Expensive In May

Q COSTA RICA - On Monday the Refinadora Costarricense de Petróleo (Recope) made the request for an increase...

More Ticos Than Ever Are Travelling Abroad, Survey Reveals

Q COSTA RICA - The numbers are in, low airfares, the arrival of low-cost airlines and stable dollar...

Supermarket Chains Ready With Discounts For Semana Santa Shopping

Q COSTA RICA - Supermarket chains in Costa Rica are ready for Semana Santa, stocking their aisles and...

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Cubana Celebrates 100th, “Hoping To Live 100 More”

Amanda Torres Ferrer celebrating her 100th. Radio Santa Cruz/ Raúl Reyes Rodríguez Surrounded by family, neighbors and friends, Amanda Torres Ferrer, a resident of Santa...

Trump Blames Cuba for Sonic Attack on US Diplomats

“Yes, I believe that Cuba is responsible. Yes, I believe it,” the president said during a press conference in the White House this week....

Fired Venezuela Prosecutor Leaks Video Implicating Maduro in Taking $35M Bribe

President Nicolás Maduro of Venezuela at a news conference in Caracas. Credit Ariana Cubillos/Associated Press Venezuela’s ousted chief prosecutor Luisa Ortega published on her blog...

Deadline Expires for Striking Avianca Pilots in Colombia

This Monday was the deadline for striking Avianca pilots, who are still in the process of being reinstated, to return to their jobs. Avianca, Colombia’s...

Blade Runner 2049: No Hope In This Dystopia

Editor’s note: This article contains spoilers. I went to see Blade Runner 2049, directed by Denis Villeneuve, with great anticipation. The original was so unique...

How the coffee industry is about to get roasted by climate change

Fall is always a good time to create new habits, and coffee chains know it. These days, they are desperately trying to find any...

Dental Tourism Industry Exploits Workers in Mexico

The town of Los Algodones in Mexico is nicknamed “Molar City”. It has a population of just 6,000 people and, shockingly, it has more...

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Anne Hathaway’s Leaked Personal Pictures Go Viral

American actress Anne Hathaway is the latest celebrity to fall victim to the hackers, who shamelessly filtered the intimate photos of the actress with...

How Will Hurricane Irma Affect Costa Rica?

As Hurricane Irma makes its way through the Caribbean and Floridians ready for Irma's potential landfall, how will it affect Costa Rica? Although Hurricane Irma...

Red Alert Declared For Pacific, Central Valley and Northern Zone

The National Emergencies Commission ( Comisión Nacional de Emergencias - CNE) declared a red alert for the entire Pacific coast, Central Valley and northern...

10 Countries Reputed As The Ultimate Place For Sex Tourism (Guess Who Isn’t?)

QCOSTARICA - Normally, tourists travel abroad to visit famous landmarks, culture or do fun things. Also there is a group of tourists who travel...

Nothing Escaped Nate!

Nothing escaped Nate! Floods, rivers overflowing their banks, houses destroyed, families uprooted, schools closed, roads and bridges damaged or destroyed and farms and plantations...

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