Thursday, 22 October 2020

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...

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...

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...

The Costa Rica Economic Recession – The “Elephant” In The Room

I’ve lived in Costa Rica for over twenty-one years, practicing law for seventeen of...

Hard blow to tourism in Costa Rica

Two aspects included in the Plan Fiscal (tax reform) would hit tourism, making services...

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...

Uncertainty Persists in Costa Rica, Even With Tax Reform

In Costa Rica, the Banco Central (Central Bank) predicted that confidence would again prevail...

Costa Rica Government Faces “Liquidity” Problems

President Luis Guillermo Solis announced Tuesday night that the government "faces liquidity difficulties to...

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...

My Two Colones

For the most part, people get extremely concerned when they hear the words recession,...

Intel Downsizing In Costa Rica, Cutting 200 Jobs

Intel, which maintains a research center and a mega laboratory in Costa Rica, initiated...

Dollar Could Hit ¢700 By The End of the Year

The dollar exchange rate could close 2018 and start 2019 in a range between ...

A Government Job In Costa Rica Is Better Than Winning The Lottery

It is said, getting a government job in Costa Rica better than winning the...

Dollar Exchange Takes A Nose Dive!!!

The dollar exchange dropped almost ¢5 colones overnight, going from ¢578.21 for the sell...

Wall Street Sours on Costa Rica

(Bloomberg Business) In a part of the world known for guerrillas, drug runners and...

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

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

Dollar Exchange Closes The Year At ¢611.75

It's been a roller coaster for the dollar exchange the last couple of months,...

Costa Rica is on the verge of adopting one of its biggest changes in taxes

Starting July 1, 2019, the economic life of Costa Rican households and businesses will...

More Warnings Over Fiscal Deficit

Standard & Poor's maintained Costa Rica's debt rating at BB, but warned that it...

Costa Rican Economy Keeps Slowing Down

The Monthly Economic Activity Index (Indice Mensual de Actividad Economica - IMAE) by the...

Costa Rica Unemployment Rises to 10.3%

The unemployed population with respect to the labor force increased 1.2%, going from 9.1%...

Bad Times for Costa Rica’s Agricultural Sector

The decline in exports of the agricultural sector reported in the first quarter, coupled...

Brace Yourself For A Hike in Electricity Rates for 2019

The Instituto Costarricense de Electricidad (ICE) - the national power and light company (and...

Costa Rica signs FTA with South Korea

Costa Rica became the second Central American country to enter a Free Trade Agreement...

Costa Rica got more expensive this morning, July 1

(QCOSTARICA) Starting from today, July 1, 2020, articles of the basic basket and agricultural...

Cannabis would aid in economic recovery

The cultivation of Cannabis hemp ( cáñamo in Spanish) would help the economic reactivation,...

Central Bank has used $1.1 billion of reserves to avoid abrupt increases in the price of the dollar

The Banco Central de Costa Rica (BCCR) - Central Bank of Costa - reported...

Costa Rica’s largest mall looks like a “ghost town” (Photos)

"Avenida Central" or "El Bulevar" (Central Avenue) in the heart of San Jose, ceased...

Amway will closes service center in Costa Rica, lays off 200

Amway announced Thursday, May 23, the closing of operations of its shared services center...

Tourism Board Estimates a 9% Increase in 2018-2019 Cruise Ship arrivals

The Instituto Costarricense de Turismo (ICT) - Costa Rican Tourism Board - estimates an...

Fitch Revises Costa Rica’s Outlook To Negative; Affirms Ratings At ‘BB’

Fitch Ratings revised the rating of the Costa Rican economy from stable to negative,...

Costa Rica Dollar Exchange Falling

In the last three months, the exchange rate of the U.S. dollar against the...

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