Dollar Exchange Rates Drops, Basic Interest Rate Increases

COSTA RICA BUSINESS NEWS - Although we are no seeing drastic fluctuations, the dollar...

More Gas Price Reductions Possible in April

QCOSTARICA - Gasoline prices in Costa Rica are finally dropping with a 'big' drop...

Gasoline Prices To Drop

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

New Law Allows Use of Intangibles As Collateral

QCOSTARICA - On May 20, the Secured Transactions Act  (Ley de Garantías Mobiliarias -...

Costa Rica Still Has Zero Inflation

QCOSTARICA - Despite the slight monthly increase of 0.19% in the consumer price index...

Hacienda (Taxation) Confirms Internet Purchases Of Up To US$500 Are Tax Exempt

The Ministerio de Hacienda (Ministry of Finance) confirmed, through a statement issued today (November...

U.S. Dollar Exchange Pushes Past ¢590

The U.S. dollar exchange continued its upward climb today, the sell posted at ¢590...

Merger Of Two Costa Rica State Banks Proposed. Damage or Benefit?

One of the things the new group of legislators that take their curuls (seats)...

Card Payments Of Less Than ¢15,000 Do Not Require Signature or ID

Paying for purchases of ¢15,000 colones or less at Costa Rica retail outlets with...

Gas Price Drop Approved

COSTA RICA NEWS -- The Autoridad Reguladora de los Servicios Públicos (Aresep) approved a...

Costa Rica Continues With Highest Gasoline Prices In The Region

Q COSTA RICA - The volatility of international prices of fuels in the oil...

Costa Rica Retailers Offer “After Christmas Sale” Discounts To Attract Customers

While for many January is a time to take stock of finances and plan...

Costa Rica Imposes New Restrictions On Bank Transfers

Q COSTA RICA - Banks in Costa Rica have reached an agreement to amend...

The 10 brands Preferred by Costa Ricans

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

Costa Rica Extradites Russian Linked Liberty Reserve Money Laundering

In handcuffs and on a United Airlines flight, the 27 year old Russaion national...

Costa Rica Interest Rates Continue to Rise

Q COSTA RICA BUSINESS - The Passive Base Rate (Tasa Básica Pasiva in Spanish)...

It’s MARCHAMO Time!

(QCOSTARICA) It's that time of year again. It snuck up quickly this year, November...

Gas Price Drop Approved

(QCOSTARICA) Don't fill up just yet, gasoline prices are coming down next week. On Friday...

Why Are Cell Phones So Expensive In Costa Rica?

The price of a smartphone in Costa Rica can be up to double, sometimes...

Increase in the Dollar Exchange

After three months of relative stability, the exchange rate of the U.S. currency compared...

Costa Rica President Doesn’t See Need to Devalue Currency

QCOSTARICA - Costa Rica President Luis Guillermo Solis discusses the country's economic growth prospects...

Say What, Gasoline Prices Going Up?

QCOSTARICA - Better start filling up the gas tank, for the honeymoon of low...

New Bank For Women Allocates US$2 Million Dollars in Credit In First Month

QCOSTARICA - The new bank for women by the Banco de Costa Rica (BCR),...

Financial Planner Indicted In U.S. For Illegal “Ponzi” Could Be Forced To Forfeit Costa Rican Luxury Home

The founder of VisionQuest, a Raleigh, North Carolina, investment firm, charged with running an...

Costa Rica: Bank Secrecy Under Discussion

QCOSTARICA - An initiative that is being discussed in the Legislative Assembly would lift...

Tolls Up Today On The Ruta 27. Add ¢10 to ¢90 Colones.

Starting today, October 1, the tolls on the Ruta 27 (San Jose - Caldera)...

Costa Rica Tops In Central America For Online Shopping

QCOSTARICA - While a small percentage in Costa Rica make only purchases, estimated around...

Wage Costs vs. Productivity in Central America

QCOSTARICA - In Honduras and Nicaragua the cost that a company must take on...

NO To Fixing Rice Prices In Costa Rica

Q COSTA RICA - The Comisión para la Promoción de la Competencia (Coprocom) -...

“Outlet” and “Off-Price” Formats Growing in Costa Rica

QCOSTARICA - "Outlets" an "Off-Price" shopping is growing Costa Rica, retailers cashing in on...

Banks Offering Consumers At Exposcasa 40 Year Mortgages and 100% Financing

COSTA RICA MONEY NEWS - The Superintendencia General de Entidades Financieras (SUGEF) - Superintendent...

Business: Stable Exchange Rate Affects Competitiveness

QCOSTARICA - The private sector is divided between those who believe there is a...

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