“I just told you: I do not know when I can pay you!”

I would have preferred not to hear that telephone conversation between a debtor and,...

Half of New Vehicles Sold In Costa Rica Are Financed

Q COSTA RICA - Here is something that is of no surprise to most...

Costa Rica Dollar Exchange Keeps Upward Trend

(QCOSTARICA) The price of the US dollar against the Costa Rica Colon reached its...

Economists: “Dollar Exchange Rate Should Close The Year at 565 Colones”

(QCOSTARICA) The variation in the (U.S.) dollar exchange rate is one of the instruments...

Guancaste Has The Highest Prices, MEIC Report

COSTA RICA NEWS -- Guanacastecans are not only hit by a high poverty rate,...

Dollar Loans Getting More Expensive

(QCOSTARICA) Concerned about the risks involved with the high degree of dollarization of...

Costa Rica Connection To The ICIJ Offshore Leaks Database

QCOSTARICA - Find out who’s behind almost 320,000 offshore companies and trusts from the...

Costa Rica Effective Dollar Rate Goes Up

The effective rate in dollars went up to 2.13% from 2.01% last week, while...

Retailers Say “Internal Costs” Reason For High Prices in Costa Rica

QCOSTARICA (Crhoy.com) Higher operating costs than in the rest of Central America is the...

Dollar Exchange Rate Keeps Increasing in Costa Rica

Q COSTA RICA - In the last couple of weeks the Banco Central de...

Supermarket Chains Ready With Discounts For Semana Santa Shopping

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

Scotiabank Said to Weighing Bid for Citigroup Central America

(QCOSTARICA) It is said the businesses of Citigroup Central America could be valued at...

Retailers Say There Will Be No Immediate Drop in Prices Despite Downward Trend in Dollar Exchange

The dollar exchange has dropped in the last couple of weeks and continues on...

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

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

MEIC Detects False Promotions in Supermarkets

COSTA RICA NEWS - Not reading the price label and closely examining the savings...

SINPE, A Money Maker For the Central and Banks

COSTA RICA NEWS - The SINPE (Sistema Nacional de Pagos Electrónicos) is a money...

Does Costa Rica Really Have The Most Expensive Gasoline?

(QCOSTARICA) It is common to hear that gasoline in Costa Rica is expensive. But...

Costa Rica Announces US$93 Million in Soft Loans

(QCOSTARICA) - Six financial institutions have been authorized to provide loans under the conditions...

Government Decrees 0.94% Increase in Minimum Wage For Second Half of The Year

(QCOSTARICA) The government this week announced the private sector minimum wage hike for the...

It’s MARCHAMO Time!

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

Dollar Exchange Takes A Dive This Week

The dollar exchange rate dropped almost ¢4 colones in less than a week, as...

Costa Rica Colon The Most Stable Currency In Latin America

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

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

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

Protection of Minority Shareholders

QCOSTARICA - A bill aims to give more legal guarantees for investors holding less...

Costa Rica’S Autopistas del Sol Issues Landmark Project Bonds

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

Bank Lending Slows

QCOSTARICA - Bank lending in Costa Rica has slowed down, falling from a rate...

State Banks Offer 760 Properties At Attractive Pricing and Easy Financing

QCOSTARICA - Three state banks will be selling off about 76 properties in the...

Dollar Exchange Rates Drops, Basic Interest Rate Increases

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

Central Bank Changes Methodoloy For Setting Reference Dollar Exchange Rate

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

Dollar Exchange Rose ¢5.38 Wednesday

The dollar exchange keeps showing a strong upward trend and rose ¢5.38 in one...

Dollar Exchange Rate Expected To Move Starting In August

In a few months, the dollar exchange is expected to move, though experts are...

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

Q COSTA RICA - The Ministerio de Hacienda (Ministry of Finance) says it will...

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