Debt had the largest increase in 10 years by TCRN Staff
In 2009 the burden of public debt rose 2.9 percentage points and ended the year in an amount which represented 42.3% of domestic production.
This is the largest increase in percentage points registered since 1999 and it reverses a downward trend that had that had been occurring since 2003.
In absolute terms, the debt ended [...]
Israeli businesses looking for partners in Costa Rica by TCRN Staff
A delegation of Israeli businessmen representing 16 companies from various sectors arrive in the country next week in seeking new business opportunities with their Costa Rican peers.
Mario Burstein, director of the Israel-Latin America Chamber of Commerce, said cosmetic entrepreneurs will participate, as well as manufacturers of beauty products from the minerals from the [...]
Barrio Escalante is preparing for an urban renewal by TCRN Staff
An urban renewal plan promises to improve the quality of life for the people in Barrio Escalante, and to foster the consolidation of its businesses and services.
The Municipality of San Jose and the Neighborhood Association Barrio Escalante Siglo XXI (Asvebes XXI) on Tuesday presented a plan for urban renewal which will be implemented [...]
Moog medical firm opens $ 3.5 million plant by TCRN Staff
The medical device industry welcomed the 31st company of its kind to the country.
Moog Medical Devices, which specializes in the production of infusion devices and supplies, opened its first plant here yesterday with an investment of $ 3.5 million.
The 6,000 square meter complex is located in the Coyol zone of Alajuela, and is [...]
Costa Rican Banks go Digital by TCRN Staff
According to Francisco Carvajal, director of financial services for the Central Bank, they has licensed five commercial banks; Banco Popular, Banco Nacional, Banco de Costa Rica, BCT, BAC San José, to offer digital bank cards.
The digital card is a device similar to a credit or debit card with an embedded chip, on which [...]
