Monday 24 February 2020

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

President Creates Thousands of Jobs For Bureaucrats

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

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;...

Costa Rica’s Finances on Treacherous Terrain

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

Sign Of The Times? BCR Closes 5 Branches

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

Number of Small Businesses In Costa Rica Up 10%

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

Costa Rica Goods Exports Decline

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

Greater Stability in Dollar Exchange Expected

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

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...

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...

Costa Rica among the 50 richest countries in the world

Costa Rica ranks last among the 50 richest countries in the world, according to...

“Crisis of 2019” was particularly hard on small retail stores and strip centers

The proliferation this year of "Se Alquila" (for rent) signs in store windows and...

Costa Rica Reduces Rates Again

For the seventh time this year, the Banco Central de Costa Rica (Central Bank)...

Costa Rica Announces Record of 16,718 New Jobs through FDI in 2019

Costa Rica's Investment Promotion Agency (CINDE), in its 2019 performance results report said its...

New Financial Services Center

Stryker, a medical technology company, opened a new financial services center located in the...

Costa Rica Banana Price Increase Announced

The government of Costa Rica decreed (Decreto Ejecutivo N°42.112-MEIC-MAG-COMEX) that starting January 1, 2020,...

Costa Rica Economic Activity Grows 2.5%

During October 2019, a 2.5% year-on-year variation was reported in the IMAE, a rise...

Hiring Expectations Go Down

For the first quarter of 2020, 7% of the Costa Rica companies consulted plan...

What To Expect In Costa Rica’s 2020 Retail

After recording a decline in sales and loss of formal jobs this year, Costa...

Costa Rica Coffee Exports Fall ‘Roya’ Continues To Hit Crop

(Reuters) - Costa Rican coffee exports slid 30% in November compared with the same...

Do not be alarmed by the exchange rate

During the last week, there have been important movements in the exchange operations of...

Consumer uncertainty remains, but there is a little less pessimism

Currently, 6.5% of Costa Ricans say that the Government is doing a good job,...

Credit Does Not Rebound, Even With Lower Rates

Although the Banco Central de Costa Rica (BCCR) - Central Bank -  has been...

Intervention in the Foreign Exchange Market

With the aim of cushioning the fall in the price of the U.S. dollar...

Brakes to Monetary Policy Rate Reduction

After lowering the rate six times between January and October of this year, in...

U.S. Dollar Exchange Falls ¢16

Official figures from the Banco Central de Costa Rica (BCCR) - Central Bank  -...

Do you need to buy dollars? Exchange rate has fallen since November 5

The end of November could be a likely good time to buy dollars, specifically...

Costa Rica Rising Interest Rates

The Basic Passive Rate (Tasa Básica Pasiva -  TBP) rose from 5.50% to 5.60%,...

Costa Rica’s economic activity shows rebound

Costa Rica's economic activity shows a rebound in the last three months, according to...

Costa Rica Eurobonds Risk Rating Confirmed

Standard & Poor's has given a B+ rating to the US$1.5 billion debt issue...

Moin Port Terminal Efficiency Improved

One year after the start-up of operations of the maritime terminal in Costa Rica,...

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