20 C
san jose, costa rica
Wednesday 24 May 2017

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...

Do Not Fall “Victim” To Credit or Debit Card Surcharges

Q COSTA RICA - A practice that is more common than you think, although prohibited, is retailers surcharging...

Gasoline Prices To Drop

Q COSTA RICA - Good news for drivers, gasoline prices may drop by the end of the month,...

Costa Rica Interest Rates Continue to Rise

Q COSTA RICA BUSINESS - The Passive Base Rate (Tasa Básica Pasiva in Spanish) rose from 4.55% to...

Why Bitcoin Matters More Than The President

(Q24N) By Jeffrey Tucker. It’s like clockwork. When the price of Bitcoin (the dollar exchange rate) goes up,...

Why Are Costa Ricans Not Willing To Pay Taxes?

Q COSTA RICA / Why are Costa Ricans reluctant to pay taxes? What are the consequences of such...

Regulator Approves Hike In Gasoline Prices

Q COSTA RICA NEWS - With the start of the new year comes, you guessed it, a hike...

Costa Rica Urged To Adopt VAT (Value Added Tax)

Q COSTA RICA NEWS - The International Monetary Fund (IMF) has urged Costa Rican lawmakers to agree on...

Caution When Using An ATM in Costa Rica

Q COSTA RICA - We can't stress this enough, especially this time of year when the last thing...

What is Costa Rica’s ‘Aguinaldo’ and Who Must Pay It?

Q COSTA RICA - It's December and it's 'Aguinaldo' time, the year-end employee “holiday” bonus. For many not...

Gas Prices To Drop This Week

Q COSTA RICA NEWS - After being stalled for several weeks, the two pending request for a reduction...