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san jose, costa rica
Friday 18 August 2017

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...

Central Bank’s Intervention to Stabilize Exchange Rate

Q MONEY - In the last several weeks we've seen the Dollar exchange rate go from 545/558 colones...

Tax Man Will Maintain 15% Withholding On Interest Earned By Foreigners

Q COSTA RICA - The Ministerio de Hacienda (Ministry of Finance) says it will maintain the 15% withholding...

Now That Bitcoins Are Worth More Than Their Weight in Gold, Is It Time For Central Banks To Make Their Own?

(Q24N) The history of gold trading can be traced back hundreds of years while bitcoin, a digital currency...

Costa Rica Imposes New Restrictions On Bank Transfers

Q COSTA RICA - Banks in Costa Rica have reached an agreement to amend the Self-Regulation for Monitoring...

Central Bank Hikes Interest Rates

Q COSTA RICA - After last week's decline,  Thursday  morning  (February 16) the Banco Central de Costa Rica...

Costa Rica Continues With Highest Gasoline Prices In The Region

Q COSTA RICA - The volatility of international prices of fuels in the oil market persists, being the...

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Bolivia Inaugurates Construction of its First Electric Railroad

The beginning of construction for Bolivia's first electric train was inaugurated by President Evo Morales on Thursday in a public ceremony that brought together...

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...

Panama’s Convention Centers

Two new projects in Panama and opening in 2018 – seek to attract convention visitors. With 58,000 square meters (624,000 square feet), Panama’s planned Amador...

Morales: Trump, KKK Promoter, Can’t Lecture Latin America

Bolivia's President Evo Morales says the U.S. President Donald Trump “cannot teach democracy and freedom to Latin America because he promotes the racism and...

“El Carretero De Chepe”

Don Romualdo, who is 78 years old, every day he takes to the streets, wheeling his cart (carretica) from the Mercado Bourbon, in the...

Government Threatens Local Businesses With Fines For Links Uber

Q COSTA RICA - Restaurants and hotels expose themselves to sanctions and administrative procedures per campaign of royalties and discounts of Mother's Day Entrepreneurs express...

Two Costa Ricans Suffered “Minor Injuries” In the Barcelona ‘Terrorist’ Attack

Q COSTA RICA - Two young Costa Rican women (Ticas), studying in Barcelona, Spain, were "injured" in the terrorist attack that shook Barcelona Thursday...

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Man Killed In Monday Morning Shootout in Escazu Was Wanted In Canada

Q COSTA RICA - It was 7:20am, two men outside the Mountview private school in Guachipelin de Escazu, dressed in tracksuits are exercising, two...

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...

Argentina: 128-Year-Old Man Claims He’s Hitler

Q JOURNAL - An allegedly 128-year-old man in Salta, Argentina has announced he is in fact former Nazi leader Adolf Hitler, and has spent...

Four Years Later, China-Backed Nicaragua Canal Is Paralyzed Or About To Die

TODAY NICARAGUA - The Nicaragua Interoceanic Canal project is either paralyzed, or nonexistent. In June 2013, the Nicaraguan National Assembly passed Law 840, which authorized...

OIJ Arrest Suspect Who Made Threats Against Ariana Grande Concert In Costa Rica Tonight

A 22-year-old man was arrested Sunday morning in Tibás, as a suspect in a "threat of attack" at the concert that Ariana Grande will...

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