Monday, 28 September 2020
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Shopping malls reopen this weekend for Father’s Day

(QCOSTARICA) This weekend malls will reopen their doors this weekend, expecting greater demand and the reason why, even, the date originally established for reopening for June 21, is one day earlier, Saturday, June 20. The health guideline established by the Government, due to the coronavirus...

Stores Will Close Starting At 5 Today

Doubts about which retail stores, commercial centers, and businesses may remain open, their hours and mode of operation and who may circulate the roads next week, have generated a lot of anxiety among the population, as authorities clamp down in its strategy to stop...

“Crisis of 2019” was particularly hard on small retail stores and strip centers

The proliferation this year of "Se Alquila" (for rent) signs in store windows and closed doors, was not just a general perception by the population. In fact, the difficult economic situation in the country caused the closure of many stores and left the real...

The Cuestamoras Group – A Family Business

Costa Rica is known for its beautiful natural diversity, its active volcanos and, more recently, for its strong push towards renewable energy and sustainability. This small, dynamic Central American country is also home to an impressive array of entrepreneurs and family businesses. The Cuestamoras Group...

Tax Police Perform First Operation In Shops To Verify VAT

Retail stores in the Mall San Pedro were one of the first to get a visit from the Policía de Control Fiscal (PCF) or Tax Police, to check on shops to verify they are applying the Value Added Tax (VAT). The visit Thursday morning is...

Here’s What Could Happen to Costa Rica’s Malls

TODAY IN COSTA RICA - Today is Saturday and good chance you'll end up at the local mall. Multiplaza, City Mall, Lincoln Plaza, Paseo de las Flores, Terra Mall, Mall San Pedro, Plaza Cariari, take your pick. These are just a few of the...

Monge Consumer Goods Retail Chain Secures US$120 Million Loan To Refinance Debt

Q BUSINESS - Are Costa Rica's importadoras (retailers) in financial trouble? Earlier this year, one of the country major retailers, Casa Blanca, went on the financial downslide, ending up in receivership, “convenio preventivo” in Spanish.This week, comes the news that Grupo Monge was able...

Costa Rica Maintains Confidence in Commercial Real Estate

COSTA RICA NEWS - Over the next few months 17 local fast food and 'casual' restaurants will be opened as well as 35 cafes and 4 supermarkets. Despite announcements of the closure of several companies in recent months, the commercial sector seems to have not...

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