22 C
san jose, costa rica
Monday 16 October 2017

Government Admits Unable To Stop Uber Advertising On Social Networks and Search Engines

The government admits its inability to reach out beyond its borders in its battle against Uber. The Ministry...

Costa Rica Businesses Offer Their Products On Amazon

Eighty Costa Rican companies have already integrated into Amazon's online sales, through a program coordinated by the Foreign...

More Motorcycles from China and India in Central America

QBUSINESS - In 2016 Central American countries imported US$420 million worth of motorcycles, and compared to 2015, purchases...

Costa Rica’s Agroexports Keep Slight Advantage Over Medical Devices

QCR BUSINESS - The value of exports from the agricultural sector remains slightly as the main generator of...

Higher Dollar and Interest Rates Slowed Consumer Spending

The constant instability of the dollar exchange rate and the increase in interest rates, especially in colones, have...

What Happents To Property Of Dissolved Corporations For Not Paying The ‘Corporations Tax’??

In less than two weeks, on September 1, the 'Corporations Tax', (Impuesto Personas Juridicas in Spanish) kicks in...

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...

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...

The Big Challenge of the NAFTA Renegotiations

After months of feverish lobbying by industry to save the 23-year-old pact, renegotiations of the NAFTA (North American...

‘Corporations Tax’ Amnesty For 90 Days

From September 1 to December 1, companies can take advantage of an amnesty to bring to date their...

Moody’s Questions Tax Benefit Of Plan To Handle Illiquidity in Costa Rica

  According to Moody's, the plan to reduce expenses announced by President Luis Guillermo Solís will not be enough...

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...

Government Proposes To Charge A 15% Tax For Using Services Like Netflix

Intent on solving the country's current financial problems, the government today (Thursday) presented to legislators a new tax...

Costa Rica New Car Sales Slow Down

During the first half of this year, some new car dealers claim to have had increases in sales...

Loans in Colones Get More Expensive

Interest rates on bank loans have increased by between 0.11% and 6.6% in the last year, and those...

“No Hay Plata” – No Free Lunch In Costa Rica!

After recognizing the serious liquidity problems, last week the government of Luis Guillermo Solis has announced it will...

Costa Rica Rebounds In Medicines Exports

The value of drug exports from Costa Rica shows a recovery of US$69 million (84%) in the last...

ICE Reports 1st. Quarter Loss Of ¢33 Billion Due To Exchange Rate Fluctuations

Q COSTA RICA - Like many in Costa Rica whose income is in colones and debt in U.S....

Costa Rica, UAE To Prevent Double Taxation

Costa Rica and the United Arab Emirates successfully negotiated an agreement to prevent double taxation between the two...

‘Nobody Wants Costa Rica To Be Another Greece’, President Solis

  President Luis Guillermo Solis shakes off criticism following his Tuesday evening's television address to the nation that Costa...

Telecom Tax Proposed To Fund 911 Service

Costa Rica's Legislative Assembly has received a proposed tax on mobile and fixed telephony and broadband services with...

Costa Rica Government Faces “Liquidity” Problems

President Luis Guillermo Solis announced Tuesday night that the government "faces liquidity difficulties to pay its obligations and...

Costa Rica Tourism Leads Service Exports

Of the US$8.792 billion generated from services exports in Costa Rica between April 2016 and March 2017, 45%...

McKinsey & Company Expanding in Costa Rica

McKinsey & Company has announced plans to further expand its Costa Rican office with the opening of 250...

Walmart Opens In Guanacaste

QCR - Walmart last Friday, July 14, opened its 10th store in the country, located in the city...

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...

Sutel Was (Finally) Able To Award Blocks of Radio Spectrum Frequencies

Costa Rica's Superintendency of Telecommunications, the Superintendencia de Telecomunicaciones (Sutel) said it awarded the 70 MHz of spectrum...

Costa Rica Credit Card Debt Up 21%

Between April 2016 and April 2017, the balance of credit card debt in Costa Rica grew by 21%,...

Courier Business Growing in Costa Rica

The parcel forwarding companies JetBox, Box Correos and Aeropost reported increases of between 12% and 35% in the...

5 Costa Rican Startups to Watch Out For

Costa Rica is home to many of the world's most exciting and innovative startups. Every year, new entrepreneurs...

Costa Rica Pig Farmers Denounce Anti-competitive Practices

In Costa Rica, the pig farmers' association has filed a complaint alleging that importers such as Walmart, Cargill...

Costa Rica YoY Inflation to June 2017 is 1.77%

Q COSTA RICA - In June the consumer price index (CPI) rose by 0.08%, with accumulated inflation in...

LATEST

Teatro Nacional (Costa Rica’s National Theater) Celebrates 120th Anniversary

This week the Teatro Nacional de Costa Rica (TNCR) - National Theater -  in downtown San Jose, on the south side of the Plaza...

Drug Traffickers Move At Least ¢800 Million A Year In The Prisons

The fact that 87% of the criminal population in the country has had contact with illegal drugs, causes traffickers to see prisons as an...

Costa Rica Tourism Big Business

Costa Rica tourism, foreign travel to the country,  generated US$4 billion dollars in income between July 2016 and June of this year. Expenditures of dollars for...

The Costa Rica Medical Marketplace

By Galya Gerstman - I often joke to outsiders that in Costa Rica, it would appear that traffic regulations are not obligatory, but merely...

Guatemala Mayor ‘Tres Kiebres’: The Art of Being ‘3 Times Broken’

(InsightCrime) The atmosphere was light, almost jovial, as Ipala's Mayor Esduin Javier turned to the next item on the agenda. The issue was what...

Christmas Arriving In November in Costa Rica: Gas Price Drop On The Way

Christmas is arriving early in Costa Rica this year, a reduction in gasoline prices that will take effect next month. On Friday, the Refinadora Costarricense...

Costa Rica Cruise Season Expectations

  For the 2017-2018 cruise ship season, the Caribbean port town of Limon expects the arrival of 240,000 tourists aboard 115 cruise ships. December 30, 2017,...

TRENDING / POPULAR

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...

How Will Hurricane Irma Affect Costa Rica?

As Hurricane Irma makes its way through the Caribbean and Floridians ready for Irma's potential landfall, how will it affect Costa Rica? Although Hurricane Irma...

Red Alert Declared For Pacific, Central Valley and Northern Zone

The National Emergencies Commission ( Comisión Nacional de Emergencias - CNE) declared a red alert for the entire Pacific coast, Central Valley and northern...

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...

Nothing Escaped Nate!

Nothing escaped Nate! Floods, rivers overflowing their banks, houses destroyed, families uprooted, schools closed, roads and bridges damaged or destroyed and farms and plantations...

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