Costa Rica Effective Dollar Rate Goes Up

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

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...

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...

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...

Swarovski to Open Global Business Service Center in Costa Rica

The crystal jewelry maker and retailer will be setting up a business services center in San José in...

What and How to Sell to China

Tropical fruits and coffee are two of the products with opportunities in a market with great potential for...

Costa Rica Could Benefit From High Price of Florida Orange Concentrate

The international price of orange juice increased by 24% between the beginning of July of this year and...

ICE Seeking Electricity Rate Increase To Offset Lower Sales And Higher Financing Costs

When sales drop and financing costs go through the roof, in the real world this would mean financial...

Damages Over Nate Expected To Fuel New Increases In Food Prices

An expected lower supply of vegetables, some fruits, meats and dairy products due to damage caused by Tropical...

Britt To Invest US$4M in New Building For Its Morpho Travel Retail

Grupo Britt has announced it will invest US$4 million dollars for the construction of an office building for...

Costa Rica’s Central Bank Gets US$1 Billion Credit Line To Strengthen Foreign Reserves

Costa Rica's Central Bank (Banco Central de Costa Rica - BCCR) is getting a billion-dollar boost by way...

More Chinese TVs in Costa Rica

In 2016 imports of television sets in Costa Rica totaled US$100 million, and the value imported from China...

Doing Business in Costa Rica Is More Difficult, Study Reveals

Eight out of ten entrepreneurs claim that an excess of formalities and the high costs of formalization are...

Tegra Medical Expands Footprint in Costa Rica

Tegra Medical, the Franklin, MA-based contractor manufacturer of medical devices has expanded its facilities in Costa Rica, with...

Central America Consumes More Pork Meat

In the last five years annual per capita consumption of pork in the countries of the region increased...

Corret Income Tax for Foreigners Investing in Costa Rica Stock Market Is 8%

Since September 25, foreigners who acquire securities from the local stock market will have to pay 8% tax...

Shopping Malls Vs. Shopping Online In Costa Rica

A growing trend in online shopping is forcing mall operators in Costa Rica to rethink their business models...

Latam And Avianca In A Battle For The Skies

Over the past couple of decades, consolidation and bankruptcies have reshaped the airline industry in North America. Historic...

Interest Payments Stifling Costa Rica’s Public Finances

In Costa Rica, interest payments rose from 1.5% to 1.7% of GDP, and this increase accounts for 32%...

Costa Rica Looking To UAE Investments For The Logistics Sector

(Abu Dhabi) Costa Rica is aiming to become a major logistics hub in Central America and Caribbean region...

Assets of Dissolved Corporations Are Not Lost

A common practice by many foreigners (and Costa Ricans alike) is to hold property, ie, a vehicle or...

Panama leads Latin America in attracting foreign direct investment

While foreign direct investment is down in Latin America generally, Panama  and Colombia were the strongest performers, as...

Hilton Expands in Central America

Hilton Hotels is expanding in Central America, with nine hotels in five countries expected to open between this...

Rise in the Price of the US Dollar in Costa Rica

A rebound in demand for US dollars explains the increase of just over 5.36 colones registered in the...

Costa Rica Insurance Spending Growing, Reaches Average of Latin America

Annual average per capita expenditure on compulsory and voluntary insurance policies grew from US$140 in 2009 to US$246...

Three Reasons Universal Basic Income Will Never Work

Every so often a new study is released, concluding that a universal basic income (UBI) is needed to...

“English” Is An Important Factor In High Paying Jobs in Costa Rica

More and more, a dominance level of English is a factor in higher paying jobs in Costa Rica....

ZipCar Launches Carsharing Service in Costa Rica

Q MONEY - Zipcar, the carsharing service, has announced it's launch in Costa Rica, joining in Zipcar’s international...

Jobs, Jobs and More Jobs…As Established Companies Looking To Hire

Despite the general consensus of late among many that the business climate in Costa Rica has slowed down...

Construction of Biofertilizers Plant

At the end of October this year, operations will start at a plant in Guanacaste that will process...

Central America Consumes More Candy and Chocolate

Eating chocolate has been tied to a reduced risk of heart disease. Using data from a large Danish...

Bill Proposed To Lift Bank Secrecy Law in Costa Rica

Bank secrecy (or bank privacy) prohibits banks in Costa Rica providing to authorities personal and account information about...

LATEST

Ticos Up To Their Eyeballs In Consumer Debt: UCR Survey

The cost to have the latest smartphone or appliance, for example, are the leading causes of consumer indebtedness of Costa Ricans (Ticos), this according...

Eight Men In Custody Related To Wed. Morning Shootout With Police

Following the chase, a gunfight and discovery of two bodies in a minivan Wednesday morning in La Sabana, police did not sit on their...

Specialists of the Hospital Mexico Achieve New Formula to Treat APL

A treatment that is used in very few Latin American countries and that orally less than ten countries in the world administer it, is...

Mexico’s Presidential Front-Runner Proposes Giving Amnesty To Drug Lords

In a bid for presidency, Andrés Manuel López Obrador, a leading candidate, has promised to put an end to the drug war in Mexico...

Costa Rica Economic Activity Continues to Decline

The economic slowdown recorded in October is mainly due to the adverse weather effects from tropical storm Nate, which greatly affected construction and agricultural...

Schoolgirls Recruited Classmates For Prostitution

Four adolescents between the ages of 16 and 17 were arrested as suspected of trafficking in persons for the purpose of sexual exploitation (pimping)...

Police In Early Morning Gunfight In La Sabana

Right out of the page of an action movie, police find two bodies, gagged and shot, inside a minivan after a gunfight with three...

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...

American Tourist Dies In Isla del Coco Shark Attack

The National Coast Guard Service of the Ministry of Public Security (Servicio Nacional de Guardacostas, del Ministerio de Seguridad Pública) confirmed the death of...

Female Tiger Shark Attacked American Tourist Who Died in Isla del Coco

The survivor of the shark attack in the Isla del Coco on Thursday, the 26-year-old diving guide identified by his last name Jimenez, said...

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...

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...

RANDOM