Sunday, 9 August 2020

Credit Card Slow Down Though Business Continues To Be Profitable

(QCOSTARICA) The credit card portfolio in the banking sector weakened in the last two...

Pessimism reigns among businessmen

Pessimism reigns among entrepreneurs, in terms of how the Costa Rica economy could close...

Costa Rica Exports Fall and Rise

(QCOSTARICA) The exit of Intel manufacturing operations in Costa Rica caused a dramatic fall...

Costa Rican Economy Keeps Slowing Down

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

One Step Closer to a Tax Reform

The Costa Rican Legislature has accepted a fast track bill that would transform the...

Smile Direct lays off more than 100 employees

More than 100 people were laid off from their jobs at the Smile Direct...

Costa Rica sets the foundations with development potential in the Fourth Industrial Revolution

What is known as the Fourth Industrial Revolution will bring about the disappearance and...

“Reopening” the economy is urgent, but little by little, according to business sector

Reopen the shops that are closed today with a capacity of 50%, make the...

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...

Another Megaport For Limón

Q COSTA RICA - A rumour that has been in the streets of port...

New “Centre For Automotive Justice” Promises To Resolve Conflicts In Vehicle Purchases

(QCOSTARICA) Buyers of cars in Costa Rica have an ally when things go wrong. The...

Costa Rica’s Inflation Rose In February

Q COSTA RICA - Costa Rica's annual inflation fo February 2017 was 1.09%, the...

Intel Downsizing In Costa Rica, Cutting 200 Jobs

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

Costa Rica’s Unemployment Rate Down

COSTA RICA NEWS - During the second quarter of this year the unemployment rate...

Strong Rebound in Construction Boosts Costa Rica’s economy

A strong recovery in construction modified the growth trend that the Costa Rican economy...

Business Sector Proposes Essential Structural Changes

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

Costa Rica Woke Up More Expensive This Morning

Hikes in Gasoline, Tolls and Electricity took effect This morning, Friday July 1. The lines...

IMF Mission: Fiscal Measures in Costa Rica Are Insufficient, But Necessary

The International Monetary Fund (IMF), during a visit to Costa Rica from June 12...

Hacienda Extends Consultation on Tax Reform

QCOSTARICA - The Ministry of Finance (Ministerio de Hacienda) has postponed until April 17...

Legislative Committee Approves Cuts in Budget

QCOSTARICA - The Fiscal Affairs Committee of the Legislative Assembly passed out a second...

Tasa Básica Pasiva (TBP) Closes 2014 At 7.20%

QCOSTARICA - The Tasa Básica Pasiva (TBP) - basic rate - will close 2014...

What Was No Longer Consumed In Economic Slowdown

In the context of the economic slowdown that Costa Rica suffered for much of...

Costa Rica Electric Rate Reduction Announced

Between this month and January 2020, the state power company, the  Instituto Costarricense de...

Costa Rica Launches New System for State Purchases

In a "Solomonic" decision, the Ministry of Finance (Ministerio de Hacienda) has decided to...

Airbnb predicts that regulation will affect service in Costa Rica

With the  approval in first debate of the Bill to regulate non-traditional hosting, Airbnb...

Unemployment already hits social security

The worrying unemployment figures that affect the country not only have a direct impact...

Fourteen More Hotels in Costa Rica

COSTA RICA BUSINESS NEWS -- Between October 2013 and September 2014 permits to build...

Costa Rica President Doesn’t See Need to Devalue Currency

QCOSTARICA - Costa Rica President Luis Guillermo Solis discusses the country's economic growth prospects...

Import of New Cars Reaches A Record High

COSTA RICA NEWS - The import of new cars hit a record 34.000 units...

Costa Rica Rising Interest Rates

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

Costa Rica Government Seeks To Revive Credit But Faces A Pessimistic Consumer

The government of Carlos Alvarado and the main financial institutions of the country are...

Standard Fruit Closes Limon Plant, 200 Out Of Work

The Standard Fruit Company of Costa Rica, a subsidiary of Dole, announced this Thursday,...

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