Costa Rica exports reached $ 4,042 million during the first quarter of 2013, up 4.7% from $ 3,862 million in the same period last year, said yesterday the Foreign Trade Promoter (PROCOMER). The data indicates that sales of industrial products went up by 9.5%, for livestock and fisheries 7.3%, but agriculture fell by 9.8% due [...]
Last week, the Central Bank purchased $80 million in the wholesale market. The abundance of dollars pushed back the price of the currency to ¢ 500. Also, this week the public sector decreased the quantity demanded of foreign exchange. According to data published by the Central Bank on its website, in the four weeks preceding [...]
Press Release – Everyone’s favorite online food delivery business Juanlotrae.com, recently bought the domain QueComemosCR.com (Que Comemos) to offer another great way to attract customers to the first and best online food delivery business in Costa Rica. Que Comemos is a brand name from a company originally launched as Tico Express, and they thought that [...]
Costa Rica’s economy continues its growth in exportation, with first quarter reports of 2013, showing Costa Rica exported U.S. $ 3.019 billion in assets, equivalent to 3.5%, or $ 101 million more than in the first three months of 2012. This is according to the latest statistics released by the Foreign Trade Corporation of Costa [...]
Private Sector business in Costa Rica growing slowly. Preliminary data on private sector credit in March show a contraction of the balance paid in the first quarter of the year by the national banking system. During the first three months of the year, the amount paid to this sector of the economy declined by nearly [...]
Central America has eight executives on the ranking Three Costa Rican executives make the list of Latin America’s Top 100 Businesswomen from online publication Latinvex. Tara Polanco, the general manager of Procter & Gamble in Costa Rica Silvia Elena Chaves Quesada, the vice president of Distribuidora Florex Centroamericana Miriam Manrique, the Costa Rica country manager [...]
Costa Rica looking to break into the game industry in the U.S. with the participation of five companies at the show Game Connection, this coming week, reported the Foreign Trade Promoter (Procomer). Costa Rican game developers will show their work to industry giants such as Nintendo, Sony, Televisa Home Entertainment and EA Sports. This is [...]
The business sector in Costa Rica has demanded U.S. Congress to ratify the Association Agreement between Central America and the European Union before Easter, to ensure Costa Rica’s economic stability. “The national industry vehemently requested the deputies make their commitment to employment, production and economic stability of the country, approving the agreement before Easter,” said [...]
Costa Rica Congress approved second and final negotiation on the Free Trade Agreement (FTA) between China and Singapore, which the Costa Rica government considers a valuable asset in its trade expansion in the Asia Pacific. NAFTA, signed by both countries in April 2010 and now is now only waiting for presidential approval, was ratified by [...]
This past week the Costa Rica government expressed confidence that the exchange of goods and services in Mexico will expand the country’s free trade agreement (FTA) between Central America and Mexico upon ratification in Congress on Tuesday. The Costa Rican Foreign Trade Minister, Anabel González, said Wednesday in a statement that “the approval of this [...]
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