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...

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...

Costa Rica begins evaluation of industrial hemp

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

Central Bank projects more moderate economic decline than expected

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

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...

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...

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...

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,...

Treasury would accept lowering Marchamo on vehicles of less than ¢4.2 million

QCOSTARICA - As we approach November 1, the day when owners of vehicles can...

Do you use dollars? Serious insider threats could accelerate upward trend

QCOSTARICA - The uncertainty generated by the announcement by President Carlos Alvarado that to...

BCCR injected almost US$54 million in two weeks to avoid a further escalation of the dollar price

QCOSTARICA - The Central Bank of Costa Rica (BCCR) sold US$53.6 million in the...

Fiscal uncertainty and seasonality influence an increase in the dollar exchange

(QCOSTARICA) The dollar exchange rate has maintained an upward trend for the past two...

Ruta 27 tolls will increase starting Thursday

(QCOSTARICA) While the economic crisis felt by one and all due to the COVID-19...

Reduction in electricity rates could be around the corner

(QCOSTARICA) The possibility of a significant reduction in electricity rates in the coming weeks...

Hard Rock Café closes in Guanacaste

(QCOSTARICA) The Hard Rock Café located in Playas del Coco, Guanacaste, closed its doors...

Reversing public debt of 80% of GDP would take up to 10 years

(QCOSTARICA) It could take up to 10 years to considerably reduce Costa Rica's public...

Pandemic brings women’s unemployment to a historic level in the last decade

(QCOSTARICA) The economic crisis generated by the coronavirus pandemic caused unemployment in women, during...

Vacancy sets off alarms in shopping centers

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

COVID-19 has changed the way we do business

The ongoing COVID pandemic has caused fundamental changes in all spheres of life, and...

Health allows the conversion of bars and taverns into restaurants or sodas

(QCOSTARICA) The Ministry of Health is giving bars and taverns (cantinas) that have been...

Costa Rica is the fifth country most affected by the tourism crisis, according to IMF

(QCOSTARICA) Costa Rica ranks fifth in the world in terms of tourism income, indicates...

“Risky to say how much unemployment we are going to reverse with new measures”: Minister of Economy

(QCOSTARICA) Asked about the effectiveness of reactivating Costa Rica's shared management model "Costa Rica...

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