Saturday 8 May 2021

Costa Rica Economic Activity Grows 2.5%

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

Hard Rock Café closes in Guanacaste

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

More Warnings Over Fiscal Deficit

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

Hiring Expectations Go Down

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

Imports Down 18%

  QCOSTARICA - In the first three months of the year imports totaled US$3.679 billion,...

Protecting The Purse Strings: Hacienda Restricts Import of New Cars To Avoid Falling Tax Value

(QCOSTARICA) Avoiding a fall in fiscal (tax) values, the Ministry of Finance (Ministerio de...

Moody’s Downgrades Costa Rica For Delays In Fiscal Reforms

COSTA RICA NEWS - True to its word, Moody's Investors Service on September 16,...

Banks Throttle Back Slightly On The Dollar, As Spiral Upwads Continues

It's been a frantic week, a financial rollercoaster for the dollar exchange. In the...

Costa Rica Bonds Fall In Price After Latest Poll Of Fabricio Alvarado In The Lead

The University of Costa Rica (UCR) poll released on Tuesday revealing Fabricio Alvarado of...

Costa Rica on roadshow for crucial bond issue

Latin American bond market participants said they thought Costa Rica’s proposed US$1.5 billion dollar...

New Taxes Is Government’s Porposal For Decifit Cuts

New taxes are part of a set of proposals by the government to cut...

Costa Rica’s Agroexports Keep Slight Advantage Over Medical Devices

QCR BUSINESS - The value of exports from the agricultural sector remains slightly as...

A Buyers Market: Highrise Apartment Availability in Costa Rica On the Rise

The vertical housing options continue to grow in Costa Rica and their overall condition...

Legislators Approve Bill To Discourage “Speculative Capital” To The Country

Costa Rica's legislators approved Monday a bill that discourages the entry of speculative capital...

Unemployment Falls To 9.5%

QCOSTARICA - 14,000 in Costa Rica left the unemployment line in the second quarter...

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...

Dollar exchange stable for two weeks

QCOSTARICA - The dollar exchange rate against the colon fulfilled two weeks of stability...

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...

Vacancy sets off alarms in shopping centers

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

Costa Rican Economy Keeps Slowing Down

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

Fitch Affirms Costa Rica at ‘BB+’; Outlook Stable

Fitch Ratings has affirmed Costa Rica's ratings as follows: Long-term foreign and local currency IDRs...

Caja Debt Leads To Shut Down Of La Condesa Shuts Down, 120 Out Of Work

COSTA RICA NEWS -- Indebted to the Caja Costarricense del Seguro Social (CCSS) -...

Strong Demand Pushes Up US Dollar Exchange

The strong demand for the US dollar that remains in the foreign exchange market,...

Transport app drivers ask for subsidy to avoid contagions

The different associations of drivers of transport apps have joined in a single voice,...

What can we expect for the dollar exchange with the ‘coronavirus effect’?

The dollar exchange rate is currently under strong pressure, towards a rise driven by...

Costa Rica pact Allows China To Expand Footprint in Central America

QCOSTARICA (Reuters) China and Costa Rica have signed a partnership agreement that could give...

Costa Rica Inflation Declines

Costa Ricans who suffered from intense sticker shock, especially on food items, during the...

Sales Tax Revenue Dropped In The Last Six Years

QCOSTARICA - Sales tax revenues have dropped in the past six years, when compared...

Will policymakers keep interest rates low in order to recover from the outbreak of Covid19?

Despite 2021 started with good news about vaccine breakthroughs, the fact is Latin America...

New Measures to Control Rise In Dollar Exchange

The Banco Central de Costa Rica (BCCR) or Central Bank has raised the monetary...

Minister of Tourism: ‘We know that there will be an extremely strong economic impact’

The Minister of Tourism, María Amalia Revelo, acknowledged that the entry restriction that will...

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...

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