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...

Costa Rica to strengthen ties with the UAE

Costa Rica is planning to use the United Arab Emirates (UAE) as a hub to look for investment...

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...

LATEST

Opened In Costa Rica First Clothing Store Accepting Bitcoins

On Thursday, December 14, the first clothing store that will accept bitcoins opened in Costa Rica. Felipe Kirsch, representative of the Brazilian UV.Line franchise in...

Costa Rica Stock Market Activity Shrinking

The failure of the Central Government's latest effort sell bonds on the local financial market leads analysts to believe stock market activity in the...

The psychology of Christmas shopping

Many people see marketing as a form of manipulation, particularly around Christmas and the other retail bonanzas: Easter, Valentine’s Day, Mothers’ Day and Fathers’...

Central America Builds Interconnected Clean Energy Corridor

(IPS) Countries in Central America are working to strengthen their regional electricity infrastructure to boost their exchange of electricity generated from renewable sources, which...

Festival of Lights Saturday, Dec. 16 At 6:00 pm

The annual "Festival de la Luz" (Festival of Lights) takes place Saturday, December 16, 2018, starting at 8:00 pm in La Sabana Park, San...

Homer Takes Marge To Poas, Canopies La Fortuna With Bart

Though the Poas Volcano is closed to regular tourists, the national park was open to Homer and Marge Simpson. "Homer read the recommendations sent him...

Volaris Costa Rica confirms new flights to Los Angeles, New York and Washington

The low-cost airline Volaris Costa Rica confirmed the opening of new routes between San Jose (SJO) and Los Angeles (LAX), New York (JFK) and...

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...

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