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Costa Rica to Issue US$4 billion in Foreign Markets

To avoid further pressure on local interest rates, the Ministry of Finance will be considering issuing US$1 billion a year in the international market over the next four years. Representatives from the Ministry of Finance confirmed that they are preparing an application to the Legislative...

Costa Rica Bonds Fall In Price After Latest Poll Of Fabricio Alvarado In The Lead

The University of Costa Rica (UCR) poll released on Tuesday revealing Fabricio Alvarado of the Restauración Nacional party in the lead with 17% of the support, has resulted in a drop in the price of Costa Rica bonds in dollars, which expire in 2023,...

Who Are The Richest Men in Central America and Why

As is usual every year, Forbes magazine has released its list of richest people in the world, including that in the Caribbean and Central America. And while there are no Caribbean billionaires, there are several in Central America. Trying to identify Central America's billionaires (milmillonarios...

Costa Rica Makes Pro-Business Data Protection Changes

(Bna.com) Costa Rica has introduced a series of changes to its personal data protection legislation that have the potential to make life easier for multinational companies and advance data owners’ rights, privacy professionals told Bloomberg BNA. Executive Decree JP-40008 drops a previous requirement to register...

Scotiabank Said to Weighing Bid for Citigroup Central America

(QCOSTARICA) It is said the businesses of Citigroup Central America could be valued at about US$1.1 billion in a sale. According to a report by the Washington Post, though Canada's Bank of Nova Scotia (Scotiabank) is conducting due diligence on the assets, a deal may not...

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