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Costa Rican companies launch Competitiveness Council

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San José, Costa Rica. Several Costa Rican companies united to create the Competitiveness Council (CPC), which was launched during the Competitiveness Summit 2011, held last Monday November 28th at the Intercontinental Hotel in San Jose. The CPC is a private entity which seeks to contribute in building a more prosperous country, and creating a national environment [...]

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Ecological Quintas: A new housing option in Costa Rica

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San Jose, Costa Rica. Ecological Quintas have become a new housing trend in Costa Rica, as several of these projects are currently being developed in different parts of the country, offering their residents the chance to live a rather unique lifestyle of luxury and comfort. These quintas are large scale and highly valuable projects, which [...]

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Carlson Wagonlit Travel acquires Centenial Group in Costa Rica

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Carlson Wagonlit Travel (CWT) announces it has acquired the assets of Centenial Group, an international partner of CWT in Costa Rica since 2004. Centenial Group based in San Jose has provided travel management expertise to corporate travelers since 1995. The new organization will be called Carlson Wagonlit Travel Costa Rica (CWT Costa Rica). As a result, CWT [...]

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IT Outsourcing: Ranking Nearshore Locations for US Customers

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U.S. outsourcing customers seeking nearshore alternatives to offshore outsourcing hot spots need not look far for the leading options. Mexico is their best bet, according to a new ranking of Latin American outsourcing locations by outsourcing consultancy ThinkSolutions. “It was no surprise to see Mexico at the top of the list,” says ThinkSolutions partner Tony Mataya. [...]

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Biofuels Make a Comeback

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Global production of biofuels increased 17% in 2010 to reach an all-time high of 105 billion liters, up from 90 billion liters in 2009. High oil prices, a global economic rebound, and new laws and mandates in Argentina, Brazil, Canada, China, and the United States, among other countries, are all factors behind the surge in [...]

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Stone Hedge FX -Transparent Foreign Exchange Trading

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What is Forex Trading? The foreign exchange market or forex market as it is often called is the market in which currencies are traded. Currency Trading is the world’s largest market consisting a quadrillion in daily volume, and as investors learn more and become more interested, the market continues to rapidly grow. Not only is the forex [...]

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Medical Tourism Continues to Grow in Costa Rica

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Global Health Voyager Inc., a full service Web-based medical tourism company, has signed an agreement with the oldest private hospital in Costa Rica, Clinica Biblica. GHV’s Ali Moussavi, the company CEO, had high praise for his new partner. “Hospital Clinica Biblica utilizes state-of-the-art ‘smart operating rooms’ offering equipment found only in the most sophisticated health [...]

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Costa Rica Banking Laws and Financial Sector

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This article describes Costa Rica’s banking system and financial sector. It gives an overview of the regulatory framework and regulators of the financial sector. It also discusses the state owned commercial banks as compared to the private banks operating in Costa Rica. The Central Bank of Costa Rica makes banking policy in Costa Rica. The [...]

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Equifax buys Costa Rican credit reporter Datum. Leading provider of US credit scores already has services in San José

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Equifax Inc., one of three major providers of credit scores in the U.S., said Tuesday that it has bought Costa Rican credit reporting company Datum. Terms of the deal were not disclosed. Equifax said the deal confirms its strategy to grow internationally. Datum is based in San Jose. Equifax already has a customer service and [...]

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Selling your Costa Rica home in today’s Unstable Market

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In today’s market many Costa Rican sellers want to know the secret to selling their homes in record time. Sellers want to know ways to salvage the equity they’ve accrued over the past years. Unfortunately, there is no magical formula to determine the perfect sale. Selling quickly is no “sure thing” in the Costa Rican [...]

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