Tuesday 20 April 2021

Business Cautious With Their Investments in 2014

In a study of market conditions between November 14 and December 2, Costa Rican businesses say they do not plan to increase their investments significantly during 2014, at least not for the first half of the year.

The study, the Índice de Confianza del Sector Comercial (ICSC) – Confidence Index Commercial Sector  – by the Chamber of Commerce (Cámara de Comercio) took in the responses of general managers, as well as financial and administrators, 24% who said ruling out any investment in the first half 2014, while 39% said they see the same pattern as in 2013.

The Chamber of Commerce explained that big companies have greatest possibility for new investments, while medium to small businesses will be more conservative, mainly due to a lot of uncertainty to the change in government and the current economic situation.

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