Saturday 12 June 2021

Colon will not depreciate in 2021, according to specialists

QCOSTARICA - What will happen to the dollar exchange rate in 2021? Will there...

Wendy’s Shut Down In Costa Rica, Leaving 110 Out Of Work

Where's the beef? Certainly not at Wendy's in Costa Rica. At 11:00pm Thursday, the...

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

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

Central Bank Defends The Colon

(QCOSTARICA) In September the Central Bank (Banco Central de Costa Rica - BCCR) made...

Convergys Announces Opening For 250 Jobs

QCOSTARICA - Convergys Corporation, located in Rohrmoser (San José), announced the hiring in Costa...

Consumer pessimism in Costa Rica decreased a bit at the end of 2020

QCOSTARICA - Costa Rican consumers remain pessimistic regarding their assessment of the economy, although...

Costa Rica Court Suspends Fine Against Japi

Costa Rica's Administrative Court (Tribunal Contencioso Administrativo) has accepted the injunction request by the...

Costa Rica Credit Card Debt Up 14%

The number of cards in circulation grew by 13% between January 2017 and the...

RACSA: The White Elephant Makes Its Charge

QCOSTARICA - Costa Rica's state telecom, the Radiografica Costarricense S.A. (RACSA)  plans to get...

AmCham Asks Government To Authorize Flights From USA To Improve Tourist Rebound

(QCOSTARICA) The North American Costa Rican Chamber of Commerce (AmCham) urged the Government of...

World Bank approves project to modernize Costa Rica’s Finance Ministry

The World Bank Board of Executive Directors approved a US$156.64 million investment project for...

It’s now free to watch the humpback whales

(QCOSTARICA) Following a wave of criticism on social networks, the tourism sector and in...

Costa Rica Economy Slows Dow Due to Less Domestic Demand

QCOSTARICA - The Central Bank (Banco Central de Costa Rica)  has confirmed the decline...

Change In Regulations Would Cut Cement Prices in Half

QCOSTARICA - Reducing the price of imported cement in Costa Rica between 25% and...

Costa Rica: When “Under Executing” Would Be Good

COSTA RICA BUSINESS NEWS -- "There are many ways to define populism, but perhaps...

Mayca Sells 50% Stake To US Foodservice Giant Sysco

Houston-based food distributor Sysco has agreed to purchase 50% stake in Costa Rica-based food...

Costa Rican Plastics Firm Heads For Nicaragua

COSTA RICA NEWS - A company producing polyethylene products has closed part of its...

Costa Rica Manufacturing: A Bipolar Sector

While a group of manufacturing companies decided to reduce their operations in Costa Rica,...

Costa Rica Looking To UAE Investments For The Logistics Sector

(Abu Dhabi) Costa Rica is aiming to become a major logistics hub in Central...

VAT Will Affects Construction Costs, Says CCC

COSTA RICA NEWS -- Employers say the value added tax of 13% on services...

Vacancy sets off alarms in shopping centers

(QCOSTARICA) The vacancy rate in shopping centers reached 11.76% last June, a consequence of...

Pacheco Coto Shakes Up Legal Industry With EY Merger

EY (formerly Ernst & Young), one of the largest professional services firms in the...

Costa Rica – El Salvador Ferry Ready To Start

QCOSTARICA  - The long announced ferry between the Central American Pacific ports of Costa...

Business Sector Calls Illegal The 1.77% “Withholding” On Card Transactions

COSTA RICA NEWS -- A delegation of the business sector met on Wednesday with...

Costa Rica Slow Down in Dollar Loans

As of September of this year, the bank loan portfolio granted to the private...

Costa Rica sets the foundations with development potential in the Fourth Industrial Revolution

What is known as the Fourth Industrial Revolution will bring about the disappearance and...

Dirty money: dealing with cash during the coronavirus pandemic

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

HP Restructuring Threatens 400 Jobs In Costa Rica

Hewlett-Packard has announced that as part of HP’s global multi-year restructuring plan that was...

Moody’s: Costa Rica’s credit profile matches its current rating

QCOSTARICA - Moody’s credit rating agency issued a statement Tuesday afternoon indicating that Costa...

Costa Rica to Compensate Workers

COSTA RICA NEWS -- Banana workers and their families exposed to Nemagon in the...

“September Deals” Kick Off This Weekend

September comes loaded with deals of up to 50% or more on merchandise that...

Suspension of contract is removed when women become pregnant

Due to the economic crisis of COVID-19, many workers have seen their working hours...

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