Saturday, 26 September 2020

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...

“We have many entities with obsolete functions”: Gerardo Corrales

(QCOSTARICA) The existence of more than 300 public entities, with many performing duplicated, tripled,...

Scotiabank lays off 98; closes five branches in Costa Rica

(QCOSTARICA) Scotiabank reported this Friday, August 28, the layoff of 98 employees and the...

Global income tax? Legislators ask Carlos Alvarado not to waste time

(QCOSTARICA) Instead of promoting proposals that affect the economic reactivation and the image of...

La Prensa Libre closed due to pandemic

(QCOSTARICA) Faced with the economic ravages generated by the Covid-19 pandemic, Grupo Extra decides...

Do not be alarmed by dollar exchange at ¢600, it is a cyclical behavior

(QCOSTARICA) The behavior of the dollar exchange in recent weeks has not gone unnoticed,...

President signs law that frees tourism of VAT for another year

(QCOSTARICA) President Carlos Alvarado, this Tuesday singed the law that exempts, for another year,...

Caturga asks to allow flights from the U.S. to Guanacaste

(QCOSTARICA) The Guanacaste Chamber of Tourism (Caturgua) is requesting that the Government allow the...

U.S. plan to return Asian companies to the Americas could have benefits for Costa Rica

(QCOSTARICA) A plan by U.S. President Donald Trump's administration to encourage U.S. companies from...

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...

Central Bank estimates for this year the biggest economic contraction since 1982

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

Construction and tourism exempted from VAT for a year

(QCOSTARICA)  Legislators on Monday approved, in the first debate, two bills that exempt tourism...

Restaurant ask to be allowed to sell food of takeout and drive-thru

(QCOSTARICA) The Costa Rican Chamber of Restaurants (Cacore) asks the Government to allow them...

COVID-19 effect: Unemployment in Costa Rica climbs to 20.1% between March and May

(QCOSTARICA) Unemployment in Costa Rica reached 20.1% in the months of March, April, and...

Need a job? Go pick coffee, recommends Minister of Labor

(QCOSTARICA) Geannina Dinarte, Minister of Labor, called on Costa Ricans to go pick coffee...

OECD: Costa Rica is an “expensive country” due to lack of competition

(QCOSTARICA) Weak competition in several markets tends to translate into relatively high prices 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...

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...

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...

Ministry Health announcement “a very strong blow”

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

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