Monday 24 February 2020

Q COSTA RICA NEWS, Travel, Tourism, Vacation, Living in Costa Rica, Expat Focus, Entertainment

Hologic opens Costa Rican financial services center

Massachusetts-based medical device manufacturer Hologic, Inc. on Tuesday (February 18) inaugurated its 32-employee financial...

Meet the Tico Competitors To Uber, inDriver and DiDi

Everyone knows Uber, Didi, and inDriver. They are the mobile applications for the transport...

Forever 21 gets a new lease on life

Reuters - Forever 21 has a new lease on life after Simon Property Group...

President Creates Thousands of Jobs For Bureaucrats

In almost two years (May 8) of is administration, President Carlos Alvarado allowed the...

Costa Rica To Tax Cement

Costa Rica's Legislative Assembly approved in first debate a bill that seeks to tax...

We Haven’t Hit Bottom Yet

Jobs are in short supply in Costa Rica as a result of low levels...

Unclear Future for Costa Rica’s Commercial Sector

In Costa Rica, the commercial sector faces major challenges such as informality and unemployment;...

Taxistas abandon traditional service and join Beego platform

If you can't beat them, join them. That is the decision of some 380...

Costa Rica Usury Rate Defined

Legislators of the Legislative Committee on Tax Matters negotiated to establish a ceiling of...

Bankers Oppose Lifting of Bank Secrecy

The Costa Rican Banking Association expressed its opposition to the proposal of the Minister...

Costa Rica’s Finances on Treacherous Terrain

(Bloomberg) Costa Rica’s fear of protesters is proving to be greater than its fear...

Tourism Grows During Challenges

Although in 2019 the arrival of tourists to Costa Rica increased 4% compared to...

Sign Of The Times? BCR Closes 5 Branches

Although the Banco de Costa Rica (BCR) closed 2019 with an increase in profits,...

Walmart has new line of Costa Rican coffee

Walmart and Mas X Menos locations in Costa Rica now sell Great Value coffee...

Quiznos to open five restaurants this year

As part of a 20-store development deal, Quiznos is on track to open five...

The High Cost of Protectionism

In Costa Rica, the Contentious Administrative Court ruled in favor of the companies who...

PBS prepares US$3 million investment for aggressive growth in Costa Rica

PBS Group, whose capital is mainly Jamaican and is present in 16 countries within...

Number of Small Businesses In Costa Rica Up 10%

On average, microempresas (small businesses) in Costa Rica have 13 years of economic activity,...

Interest Rates Caps and Debtor Exclusion

In Costa Rica, a bill under discussion seeks caps on interest rates on loans,...

Costa Rica Goods Exports Decline

In 2019, exports of goods are estimated to total nearly US$11.5 billion, barely 2%...

Costa Rica takes first steps to replace use of the Libor rate

If you have a dollar loan or at any time tried to obtain one,...

Sugar Protectionism and the Eternal Struggle

In Costa Rica, sugar producers are asking the government to raise tariffs or entry...

Electric Cars Tax Benefits Extended

The Ministerio de Hacienda (Ministry of Finance) decided to extend the deadline for the...

U.S. Beef and Pork With No Duty to Costa Rica

As part of the Tratado de Libre Comercio (TLC) - Free Trade Agreement - ...

Greater Stability in Dollar Exchange Expected

During 2019, the price of the dollar in Costa Rica registered multiple fluctuations; however,...

Fast food chains in Costa Rica are ready to expand in 2020 despite adverse local market conditions

Fast food chains in Costa Rica have solid expansion plans inside and outside the...

Costa Rica Leader In The Region in Doing Business

The World Bank's Doing Business 2020 report ranks 190 countries according to best regulatory...

On-demand delivery company Rappi announces layoffs

Rappi, the on-demand delivery startup headquartered in Colombia and operating in Latin America, this...

What Was No Longer Consumed In Economic Slowdown

In the context of the economic slowdown that Costa Rica suffered for much of...

New Investments Planned In Medical Devices Plant

Bayer announced that it plans to expand the operation of its medical device plant...

Applebee’s Closes In Costa Rica

The Applebee’s restaurant chain, whose franchise is operated in Costa Rica by Dine Brands,...

Costa Rica’s Economic Crisis Blamed For Suspension Of Construction of Residential Tower

HSolís Inmobiliaria, a division of the HSolís construction company announced the suspension of one...

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