Barclays tells investors to exchange their Costa Rican bonds for Salvadorans

Barclays international bank told its investors on Thursday through a report that it would...

Glass factory with 700 employees about to stop operations due to lack of gas

The glass factory Vidriera Centroamericana S.A. (Vicesa) activated its protocols to stop production this...

U.S. Dollar Exchange Pushes Past ¢590

The U.S. dollar exchange continued its upward climb today, the sell posted at ¢590...

Dollar exchange rate on the rise

The uncertainty generated by the deteriorating fiscal situation and the economic slowdown explain the...

Why did the dollar exchange rate rise in recent days?

The national and state banks posted an exchange rate of between ¢580 and ¢585,...

Tigo Costa Rica cleared to buy local cable providers

Costa Rican telecommunications regulator Sutel has cleared Tigo’s acquisition of local cable communications providers...

Manitoba (Canada) premier penalized for unpaid back taxes on Costa Rica vacation home

Manitoba, Canada, Premier Brian Pallister has been penalized for taxes owing on his vacation...

Increase in the Dollar Exchange

After three months of relative stability, the exchange rate of the U.S. currency compared...

Hewlett Packard Announces Expansion, Will Hire 120 More Workers for Supply Chain and R&D in Costa Rica

Hewlett Packard Enterprises (HPE) continues its expansion in Costa Rica. On Friday, the company...

Costa Rica to Import 25,000 Tons Of Duty-Free Beans

The government is preparing a decree of a shortage in order to authorize the...

Offensive Against a Giant. Group Trying To Stop Walmart

In Costa Rica, a group of cooperatives, associations, and companies are evaluating presenting a...

Starting In December, All Businesses Must Accept Plastic

The Law Against Fiscal Fraud (Ley Contra el Fraude Fiscal) established two years ago,...

osta Rican Companies Have Less Than 2 Weeks To Adopt The Factura Electrónica

September 1 is the deadline for businesses in Costa Rica to adopt the Factura...

Hacienda maintains global income proposal only for taxpayers obligated to declare it

The most recent version of the reforms to the Plan Fiscal (tax reform project),...

Another Try! Government Sends Legislators New Draft Tax Reform

In an effort to keep alive the reforms to the Plan Fiscal (Tax Reforms),...

Costa Rica Taxpayers would pay millions in fines for ‘factura electrónica’ errors

As the obligatory 'factura electrónica' or electronic invoicing approaches for almost all taxpayers, it...

Ronrico has a new line of rums flavored with coconut, lemon and pineapple

Last month, Ronrico invited the press and influencers to a lunch "between compas", where...

Tax Police Confiscated 500,000 Bottles of Liquor in Heredia

A total of 502,492 bottles of liquor were seized by Policía de Control Fiscal...

Card Payments Of Less Than ¢15,000 Do Not Require Signature or ID

Paying for purchases of ¢15,000 colones or less at Costa Rica retail outlets with...

Credit Card Sales in Small Businesses

In Costa Rica, 36% of grocery stores and retail outlets have card payment systems,...

Costa Rica Exports to Nicaragua plummeted 51% in June

Exports to Nicaragua plummeted 51% in June says the Promotora del Comercio Exterior de...

Costa Rica Consuming More Fuel, RECOPE Reports Increase in Sales

Between the first half of 2017 and the same period this year, the state...

Costa Rica Exports Up 6% as of June 2018

In the first semester, sales of goods abroad totaled US$5.718 billion, registering an increase...

Legislator Enrique Sánchez: “Uber would pay a 3% tax for each trip”

Under the premise that Uber must be legal in Costa Rica, PAC legislator Enrique...

“I just told you: I do not know when I can pay you!”

I would have preferred not to hear that telephone conversation between a debtor and,...

Coca Cola has started construction of Liberia plant and expects to double exports by 2024

Construction of the Coca-Cola concentrate plant, in Liberia, Guanacaste, began last Saturday (July 21)...

Tigo Costa Rica looking to buy local cable providers

Tigo Costa Rica (Millicom) has applied for regulatory permission to acquire local cable communications...

Tax Plan (Plan Fiscal) Would Prohibit Buying Drugs With Cash

If the government's tax reform (plan fiscal) proposal becomes a reality and comes into...

Establishment Labs The First Costa Rica Company To Go Public On A U.S. Exchange

Thursday was a big day for Juan José Chacón-Quirós, also known as “JJ.” His...

Costa Rica Credit Card Debt Doubles

The balance of credit card debt doubled in the last eight years, going from...

Walmart Announces Purchase of Perimercados, Super Compro, and Saretto

Pending approval from regulating authorities, Walmart announced Thursday the purchase Perimercados, Super Compro and...

Sutel Approves Purchase of Cabletica

At the end of June it was confirmed that the Superintendence of Telecommunications (Sutel)...

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