Monday, 13 July 2020

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...

“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...

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...

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...

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...

Costa Rica is betting on ‘staycations’ to keep tourism afloat

(The World) On a recent weekday afternoon, Alberto Hernández tended to his vegetable garden...

Moody’s changes the outlook on Costa Rica’s ratings to negative from stable; affirms B2 ratings

Moody's Investors Service on Tuesday (June 2) changed the outlook on Costa Rica's ratings...

Foreign truckers will not be tested for covid-19 upon entering the country

As part of the new rules for regional truckers, to resume the flow of...

Services and products would cost more in July

(QCOSTARICA) Tighten the purse strings, come July we can expect to pay more for...

Rubén Pacheco: “Tourism is in a race with the lion at its back”

The re-opening of international flights, the modification of sanitary regulations, and financial support, all...

Perception of the economy: 76% of Costa Rican say it is the worst time to buy a house

(QCOSTARICA) Consumer perception has plummeted to its lowest level in almost two decades due...

Decree reduces price of jet fuel in order to encourage tourism

The price in Costa Rica of jet fuel will be reduced by eliminating the...

Big savings in fuel purchases helps maintain abundance of dollars in the market

The strong savings that Costa Rica is having in the purchase of fuels due...

Ford hires company in Costa Rica for 100,000 key parts for artificial ventilators

(QCOSTARICA) The Ford Motor Company transformed one of its production lines to become an...

Fitch Downgrades Costa Rica to ‘B’; Outlook Negative

Fitch Ratings has downgraded Costa Rica's Long-Term Foreign-Currency Issuer Default Rating (IDR) to 'B'...

¢900 billion fund to revive the economy

(QCOSTARICA) The Superintendencia de Entidades Financieras (SUGEF) and Consejo Nacional de Supervisión del Sistema...

Return of Major League Baseball could benefit unemployed in Costa Rica

Major League Baseball owners gave the go-ahead Monday to making a proposal to the...

Costa Rica ranks as the ideal post Coronavirus destination

(QCOSTARICA) Costa Rica would be one of the best destinations to visit post-covid-19, thanks...

Inflation dropped in April

(QCOSTARICA) For the second consecutive month, the prices of the goods and services that...

Govt will announce Monday the ‘new normality’ for Costa Rica

(QCOSTARICA) On Monday, May 11, President Carlos Alvarado and Health Minister Daniel Salas will...

Business Sector Proposes Essential Structural Changes

(QCOSTARICA) Costa Rica businessmen propose that given the economic crisis and the new normality...

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