Yearly Archives: 2015

QCOSTARICA - The operating costs of the state refinery, the Refinadora Costarricense de Petroleo (RECOPE), increase the cost of gasoline to the consumer up to 35%. The cost known as the "K factor" is one of the variables in the official formula to estimate consumer prices, in addition to seven...

QCOSTARICA - The Legislative Commission analyzingthe problems of Puntarenas, is proposing a bill that seeks to reduce the fee charged by the Municipality of Esparza to tourists arriving on cruises to Puerto Caldera, from $3 to $1.50. Last year 20 cruise ships arrived in Caldera, in many cases because other...

QCOSTARICA - Mired in financial probelms and possible insolvency of insolvency of the pension system, the Caja Costarricense de Seguro Soical (CCSS) - Costa Rica Social Security commonly known as "La Caja",  is analysing increasing contributions to the fund for disability, old age and death from 8.5% to 14%. An...