Sunday, 27 September 2020

IMF Concludes Visit to Costa Rica

(Press Release) An International Monetary Fund (IMF) team led by Ravi Balakrishnan visited San...

Bank Of America Leaving Costa Rica, Cutting 1.500 Jobs

Two days after Sunday's presidential elections, Bank of America deals a harsh blow to...

Scotiabank Earned Half Its Profits in Latin America

Bank of Nova Scotia, which has touted Latin America as an engine for growth,...

Costa Rica Goods Exports Decline

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

Public Sector Salaries Increased 157% in 12 Years

The Government next year will pay in wages and benefits for public employees 157%...

Dollar Crosses ¢600 Barrier

The dollar exchange  continued its rise this Friday, October 26, reaching above the ¢600...

Costa Rica: Annual Inflation up to March 3.05%

QCOSTARICA - A slight slowdown was seen compared with the data for February, inflation...

Costa Rica Maintains Confidence in Commercial Real Estate

COSTA RICA NEWS - Over the next few months 17 local fast food and...

Devaluating The Colon Divides Candidates

Devaluating the colon is the major difference, a clash point, between the economic teams...

Big Drop In Fuel Prices Approved

The impact of the new Covid-19 coronavirus on the international oil price market is...

¢816 For A Litre of Gasoline !!!!!

COSTA RICA NEWS - The price for a litre of super gasoline jumps ¢29...

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 To Cut Budget Deficit Outlook for 2014

Bloomberg - Costa Rica’s government will “definitely” lower the forecast for this year’s fiscal...

Costa Rica Long-Term Ratings Lowered To ‘BB-‘

QCOSTA RICA ECONOMY - Noting the political system's inability to agree on fiscal issues,...

Costa Rica Readies To Attract More Cruises

Costa Rica set a goal of attracting more cruise ships to its ports, not...

Costa Rican Plastics Firm Heads For Nicaragua

COSTA RICA NEWS - A company producing polyethylene products has closed part of its...

Costa Rica Year-on-Year Inflation up to June 2018 is 2%

In June, the CPI registered a monthly variation of 0.18%, mainly explained by prices...

Government readies economic support measures for sectors hardest hit by coronavirus in Costa Rica

The Government of Carlos Alvarado is expected to present today, Saturday, March 14, a...

Health allows the conversion of bars and taverns into restaurants or sodas

(QCOSTARICA) The Ministry of Health is giving bars and taverns (cantinas) that have been...

Costa Rica Woke Up More Expensive This Morning

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

World Bank Economist Will Be The New Minister of Finance

Costa Rican economist Rodrigo Chaves will replace Rocío Aguilar as the Ministro de Hacienda...

Costa Rica Takes Gold For Most Prosperous In Central America, According to CNN Español (Video)

Q COSTA RICA - Costa Rica, the land of "Pura Vida",  takes the gold...

Bank foreclosures on vehicles on the increase

The sale of vehicles slowed down and, as expected, the financing for their purchase....

GNC Closes Costa Rica Stores For Dispute With the Ministry of Health

COSTA RICA BUSINESS NEWS - A number of alleged inconsistencies in regulations of the...

Costa Rica Among Countries To Endorse New Automatic Information Exchange Standard

The Declaration on Automatic Exchange of Information in Tax Matters has been endorsed by...

Price of the dollar continues to rise, already hits ¢600 at banks

The price of the dollar exchange continues to rise and the sale value at...

Fitch Affirms Costa Rica’s Foreign Currency IDRs at ‘BB+’; Outlook Negative

QCOSTARICA (4-Traders.com) Fitch Ratings has affirmed Costa Rica's Long-term foreign- and local-currency IDRs at...

Costa Rica’s Inflation Rose In February

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

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...

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...

Costa Rica’s Credit Rating Impacted By ‘Slow’ Tax Reform

QCOSTARIA (Tax-News.com) Fitch Ratings has assigned Costa Rica a negative credit rating outlook as...

Transport app drivers ask for subsidy to avoid contagions

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

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