Thursday, 9 July 2020

Central Bank defines maximum interest rate for credit cards

(QCOSTARICA) The Banco Central de Costa Rica (Central Bank) published early Friday morning the...

How much are you willing to pay for a mask?

(QCOSTARICA) A study by the Ministry of Economy, Industry and Commerce (MEIC) detected “significant”...

Basic basket, rentals, water and electricity would be exempt from VAT for six months

(QCOSTARICA) With the aim of helping Costa Ricans who suffer the economic effects of...

BAC layoffs 373, closing 11 branches and 79,789 credit card accounts

(QCOSTARICA) BAC Credomatic announced this Thursday, July 2, the layoff of 373 employees, the...

Every colon counts for the 1.2 million Ticos hit by the VAT

(QCOSTARICA) The entry into force of the 1% of the Value Added Tax (VAT)...

Costa Rica got more expensive this morning, July 1

(QCOSTARICA) Starting from today, July 1, 2020, articles of the basic basket and agricultural...

How does the new usury law change credit in Costa Rica?

(QCOSTARICA) On June 20, 2020, the Usury Law went into effect in Costa Rica...

Costa Rican coffee may go unharvested as pandemic creates migrant worker shortage

(Reuters) - Coffee connoisseurs across the world prize Costa Rica’s gourmet beans, but local...

Sinart employees demonstrate for layoffs

(QCOSTARICA) With the proper distancing and masks on their faces, a group of employees...

Dirty money: dealing with cash during the coronavirus pandemic

(QCOSTARICA) Are you aware of how germy the surface of cash is? That’s why...

OMNI launches Costa Rica’s Super App

(QCOSTARICA) Omni officially launched the OMNiMoni service, a virtual bank or “neobank” focused on...

Prepare to stop using ¢50,000 bills

(QCOSTARICA) Good chance you've used them sparingly, even less of late or may have...

IDB funds pandemic relief in Costa Rica, Panama

Latin Finance - The Inter-American Development Bank (IDB) has granted US$400 million in financing...

Government has until Thursday to announce last minute changes with openings

(QCOSTARICA) To avoid what happened last weekend, on Father's Day, the government promised to...

Tourism Sector: “We Need Phase 3”

(QCOSTARICA) The tourism sector is requesting phase 3 of the reopening program laid out...

Walmart Exploiting Our Love of Bananas

Vice.com's Munchies reports that at Walmart, it's all about the banana. "You may associate...

Ministry Health announcement “a very strong blow”

(QCOSTARICA) For the commercial sector, the announcement Firday by the Minister Healthannouncement to suspend...

“Beaches should also be opened in the afternoon to encourage tourism”

(QCOSTARICA) To achieve a greater revival of the economy and tourism, the Carlos Alvarado...

Costa Rican Chamber of Hotels: Hotel sector can no longer endure

(QCOSTARICA) The Costa Rican Chamber of Hotels (CCH) stated that they cannot continue resisting...

June is jobs month: Sykes announces 450 new jobs

In addition to the creation of 125 new jobs by Pricesmart in Liberia, Sykes...

Endless lines at the opening of Pricesmart in Liberia

((QCOSTARICA) The US-based membership warehouse club Pricesmart opened its eighth point of sale in...

Shopping malls reopen this weekend for Father’s Day

(QCOSTARICA) This weekend malls will reopen their doors this weekend, expecting greater demand and...

President signs law to regulate usury

(QCOSTARICA) On Tuesday, President Carlos Alvarado signed into law the usury law that sets...

50.000 Unemployed in Costa Rica will have access to free online education platform

(QCOSTARICA) Some 50,000 applicants for the Bono Proteger (unemployment aid) will have free access...

Netflix, Amazon and other digital platforms will be more expensive on August 1

(QCOSTARICA) Either through the provider directly, or card issuers, Netflix, Tinder, Amazon and other...

Costa Rica would have the least economic impact of Latin American countries: OECD

(QCOSTARICA) The economic fall in Costa Rica, although it will be high, would not...

July will be a key month for Costa Rica’s tourism

(QCOSTARICA) July will be a key month for Costa Rica tourism and the revival...

LNG Set for Distribution in Panama and Costa Rica

Panama's Colon LNG Marketing and Tropigas Natural signed the first contract to distribute liquefied...

7 out of 10 in Costa Rica reduced food consumption due to the pandemic crisis

(QCOSTARICA) Seven out of ten in Costa Rica had to reduce or eliminate the...

Tourist buses will return to the street under vehicular restrictions

(QCOSTARICA) After almost 3 months without being able to circulate, the transport units (big...

Tourists must fill out an epidemiological form to enter the country

(QCOSTARICA) Starting next July 1, the entry of tourists to Costa Rica could be...

Central Bank withdraws ¢50,000 banknote from circulation

(QCOSTARICA) You hardly see them in circulation. They are not dispensed at ATMs. About...

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