Tuesday, 29 September 2020

Inflationary Rhythm Slows Down

In September, the Indice de Precios Al Consumidor - Consumer Price Index (CPI) -...

Higher Dollar Exchange Smacks ICE Finances

COSTA RICA NEWS -- ICE, the state electrical monopoly, received the worst shock in...

Costa Rica: 1.7% Inflation up to January 2019

The consumer price index did not show any major changes in January 2019, as...

Consumers in Costa Rica avoid “impulse” purchases in the face of economic outlook

Consumers in Costa Rica are increasingly attached to a short list of purchases, which...

Costa Rica Construction Falls 12%

During the first six months of the year, the construction area processed in the...

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...

Costa Rica to Issue US$4 billion in Foreign Markets

To avoid further pressure on local interest rates, the Ministry of Finance will be...

Costa Rica Continues With The Highest Gas Prices In The Region

The current reference prices present combined variation for gasoline and downward variations for diesel...

Teleperformance Acquires Its Competitor Aegis

Paris-based outsourcing firm Teleperformance has agreed to acquire Aegis,  the business process management arm from...

Limit On Consumer Credit Rates Proposed

Excessive interest rates in Costa Rica may soon be a thing of the past,...

Slowly but surely, Costa Rica bond issue heads for port

The government of Carlos Alvarado is making progress in its efforts to place a...

Restaurant ask to be allowed to sell food of takeout and drive-thru

(QCOSTARICA) The Costa Rican Chamber of Restaurants (Cacore) asks the Government to allow them...

New International Airport to Ignite Costa Rica Real Estate Boom

COSTA RICA BUSINESS NEWS - Previously slated to begin construction in 2025, the new...

Costa Rican Economy Keeps Slowing Down

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

Prospects for Financial Companies in Costa Rica

Q COSTA RICA BUSINESS - After closing 2016 with a 37% drop in profits,...

What To Expect In Costa Rica’s 2020 Retail

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

Zona Francas Choose The Centre of The Country For Growth

(qCOSTARICA) - The Free Trade Zone Regime (Zona Francas in Spanish) are a definite...

Pessimism reigns among businessmen

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

Costa Rica Government Plans To Raise More Money On The Local Market

(QCOSTARICA)  In the second half of the year the Ministry of Finance (Ministerio de...

Costa Rica Banks Also Graded as Negative

In line with last week's revision from stable to negative for Costa Rica's economy...

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...

South Korean Company Chooses Cartago, Creates 1.000 Jobs

Although Intel and Bank of America is leaving Costa Rica and with them 1.500...

IMF Concludes Visit to Costa Rica

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

Sales Tax on Vacation Rentals Stays; Finance Minister

COSTA RICA NEWS - Finance Minister, Helio Fallas, confirmed that after meeting with the...

RECOPE Requests Increase In The Price of Fuel

The Refinadora Costarricense de Petróleo (RECOPE) requested on Friday an increase in the price...

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 Treasury Issues US$514 million in Bonds

In the local market, an issuance was made of a fixed-rate security with maturity...

Costa Rica Continues With Highest Fuel Prices In The Region

While fuel prices in Central America show an increase, Costa Rica continues with the...

Expomóvil 2015 Kicks Off With Record Number of Credit Applications

QCOSTARICA - Thousands left pessimism at the door of the Expomovil 2015, as more...

Comptroller General Says The Government Is Like A family Earning ¢100 But Spending ¢171

(QCOSTARICA) In simple terms, Comptroller General (Contralora General), Marta Acosta, explained that the economy ...

How much did prices go up during the first month of the VAT?

The year-on-year increase in consumer prices reached 2.89% during July, the first month of...

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