20 C
san jose, costa rica
Tuesday 27 June 2017

The 10 brands Preferred by Costa Ricans

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

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 Increasing in Costa Rica

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

No Residency Required To Open Bank Account At The BCR

QCOSTARICA - One of the problems of many foreigners non-residents in Costa Rica is opening a bank account....

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...

Dollar Exchange Hit ¢580 On Tuesday

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

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...

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...

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...

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...

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...

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...

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...

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...

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),...

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...

Financial Education in Costa Rica

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

Costa Rica Colon The Most Stable Currency In Latin America

QCOSTARICA - While devaluations are occurring all around, the Costa Rica Colon, the country's currency, remains stable with...

Things You Didn’t Know About Pricesmart

COSTA RICA NEWS -- Althouh the Q! tried to get information directly from PriceSmart, we had to rely...

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...

Zara: 25 Years of International Expansion

The Zara stores, the flagship chain store of the Inditex group, celebrates 25 years of international expansion with...

Chinese Vehicles Make Their Way Into The Costa Rican Market

Good chance you've seen the brands: BYD, Changan, Geely, Great Wall, JAC and ZAP driving by on Costa...

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...

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...

Can Current Value Of Costa Rica’s Currency Be Maintained?

QCOSTARICA - Many wonder how Costa Rica's currency, the Colon, has been able to maintain its valuation in...

Public Demanded More Dollars in Banks in First Week of Managed Float

COSTA RICA BUSINESS NEWS - In the first week of the managed float, Central Bank (Banco Central de...

New Law Allows Use of Intangibles As Collateral

QCOSTARICA - On May 20, the Secured Transactions Act  (Ley de Garantías Mobiliarias - N.° 9.246) goes into...

Fitch Affirms Banco Internacional de Costa Rica’s IDR at ‘BB+’ Following Peer Review

(QCOSTARICA via BUSINESS WIRE) - Press Release:  Fitch Ratings has affirmed Banco Internacional de Costa Rica's (BICSA) Issuer...

Cost of Basic Food Basket Varies ¢27.000 Colones Between Supermarkets

Which is the most expensive supermarket in Costa Rica? Hands down, the winner is the Automercado chain of...

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...

LATEST

Illegal Immigrants in Mexico Are Now Using Uber to Cross Border Points Undetected

(Q24N) Uber may be assisting in illegal immigration, some Mexican officials claim. Arnulfo Leon Campos of Mexico’s National Institute of Migration said that transporters of...

Former Ecuador President Correa Calls Trump “Stupid” and Brazil President a “Traitor”

(Q24N) In an interview with the EFE news agency, former President of Ecuador Rafael Correa broke his silence this weekend, with some harsh words...

Mob Turns Violent Againt Police At End Of Soccer Game in San Carlos

A dispute among soccer fans in the final between local teams, Florencia and El Progreso de la Tigra, in Santa Clara de Carlos, turned...

Venezuela’s Maduro Demands Army Loyalty amid New Arrests to Prevent Opposition “Coup”

TODAY VENEZEULA - This weekend was Venezuela’s Army Day, marking the 196th Battle of Carabobo, an important victory that led to the country’s independence. The...

Diversidad In Chepe 2017

More photos at Cool Addiction.

LGBT March San Jose 2017

Q COSTA RICA - San Jose was filled with color this Sunday to celebrate sexual diversity and demand equal rights for the Lesbian, Gay,...

“We Cannot Let Down Our Guard,” Experts Say On Simultaneous Activity Of Three Volcanos

It's been a while, in fact since 1987 that Costa Rica did not register the simultaneous activity of three volcanos and experts warn that...

TRENDING / POPULAR

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...

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...

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...

The 10 brands Preferred by Costa Ricans

Q COSTA RICA - Ever wonder, when grocery shopping at Automercado, Masxmenos or Pricesmart, for example, why Costa Ricans pick one product over another?...

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...

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