Yearly Archives: 2015
Time For Customs Unity For Central America
QCOSTARICA- -Now is the time to fulfill the clear mandate of the Presidents of the Central American Integration System ( (Spanish: Sistema de la Integración Centroamericana, or SICA)) for the establishment of a Customs Union in Central America.
The purposes for establishing a customs union is to increase economic efficiency...
MICITT Wants To Update Decades Old Rates For Radio and Television...
QCOSTARICA - The government aims to update the year license fee for concessionaires of radio and television frequencies which has been in effect since 1954, while users fear a reallocation of spectrum.
The draft bill proposes an increase in the rates for radio and television frequencies based on the number...
Central Bank President: “We Must De-Dollarize The Economy”
QCOSTARICA - The president of the Central Bank (Banco Central de Costa Rica - BCCR) assures the transition from a floating band exchange rate to a managed float was possible to the strength of the country's economy.
Over the weekend the Central Bank 'formalized' the change in the exchange rate...