Tuesday, 24 November 2020

Pressure on dollar exchange begins to give ground: Will it be sustainable?

QCOSTARICA - After peaking on November 11, at ¢616.58 according to the Banco Central...

Dollar drops ¢10 this week due to year-end seasonality

QCOSTARICA - The dollar exchange fell ¢10.38 this week as a result of the...

Restaurants ask for vehicle restriction to start at midnight

QCOSTARICA - The Costa Rican Chamber of Restaurants (Cacore) launched a new campaign directed...

Pandemic hits employment for women the hardest

QCOSTARICA - The gaps that COVID-19 will leave on Costa Rican society will be...

Changes in consumption lead Coca-Cola to alcoholic beverages in Costa Rica

QCOSTARICA - Business challenges come for everyone: seeking to diversify its market, Coca-Cola entered...

Canada files complaint against Costa Rica over high sugar tariffs

QCOSTARICA - The Canadian government filed a complaint with the World Trade Organization (WTO)...

Private sector employees will receive less Aguinaldo this December

QCOSTARICA - December is around the corner and with that comes the "aguinaldo", the...

Have you paid yours yet? 2.4% of vehicle owners have already paid their Marchamo

QCOSTARICA - According to the Instituto Nacional de Seguros (INS), in charge of collecing...

Scotiabank becomes the Costa Rica’s first private bank to be cash-free

QCOSTARICA - Scotiabank Costa Rica was certified as a Cash Free Entity and with...

3M moves manufacturing from Costa Rica to other countries in Latin America

QCOSTARICA - The American multinational conglomerate 3M confirmed, this Monday, November 9, that it...

Agreement with Nicaragua opens northern border to the entry of temporary workers to Costa Rica

QCOSTARICA - In an attempt to save the harvests due to a lack of...

Costa Rica begins evaluation of industrial hemp

QCOSTARICA - The Ministry of Agriculture (MAG) reported the beginning of evaluations for the...

2021 Marchamo collection is on!

QCOSTARICA - At 2:00 pm this Monday, the owners of more than 2.5 million...

Residential electicity rates cannot subsidize lowering in other sectors

QCOSTARICA - Companies of electric generation and distribution are unable to adjust service rates...

INS expects to start collection of the 2021 Marchamo today Monday, November 2

QCOSTARICA - The Instituto Nacional de Seguros (INS) - National Insurance Institute - the...

Central Bank projects more moderate economic decline than expected

QCOSTARICA - The Banco Central de Costa Rica (BCCR) - Central Bank - projected...

Ministry of Finance publishes update of list of tax value of vehicles

QCOSTARICA - The Ministerio de Hacienda (Ministry of Finance) published the updated list of...

Hacienda and INS run to apply reduction in 2021 Marchamo

QCOSTARICA - The Ministerio de Hacienda (Treasury) is in the process of updating the...

Central Bank continues efforts to stop the rise in the dollar exchange

QCOSTARICA - The Banco Central de Costa Rica (BCCR) - Central Bank - continues...

Minimum wages in the private sector will increase by ¢300 for every ¢100,000 as of January 1

QCOSTARICA - Private sector employees can see some relief come January 1, with an...

Congress approves reduction in 2021 Marchamo

QCOSTARICA - As had been expected, Congress approved on Tuesday night the bill to...

Central Bank makes biggest intervention of the year on the dollar exchange

QCOSTARICA - The Banco Central - Central Bank - made today, Tuesday, the single...

Gasoline prices will be cheaper on Wednesday

QCOSTARICA - On Wednesday, October 28, the lower fuel prices for Super, Plus 91...

With the dollar rising, should I transfer my loan or my savings from the currency?

QCOSTARICA - The change in the exchange rate of the dollar against the colon...

Distrust of sectors complicate signing an agreement with the IMF this year

QCOSTARICA - Reaching a structural adjustment agreement with the International Monetary Fund (IMF) this...

Reduction of working hours for private sector would be extended for six more months

QCOSTARICA - With the objective of avoiding massive layoffs and more labor lawsuits, private...

Panama obtains credit at 2.2%; Costa Rica however at 8.3%

QCOSTARICA - The realities of having bad credit. While the government of Panama got...

Dollar is approaching crisis prices after fiscal gap … should we be scared?

QCOSTARICA - The emergency that the country went through at the end of 2018...

Marchamo reduction enters crucial stage in Congress

QCOSTARICA - The race is for a reduction of the property tax of the...

Dollar exchange stable for two weeks

QCOSTARICA - The dollar exchange rate against the colon fulfilled two weeks of stability...

Commerce anticipates drought of temporary hires for the end of the year

QCOSTARICA - The Costa Rican commercial sector estimates a difficult situation for year-end retail...

Poverty in Costa Rica soared to 26%, the highest figure in the last decade

QCOSTARICA - While last year poverty affected around 20% of the population, this year,...

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