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Posts Tagged ‘ costa rica business ’

Taca delays investment in Costa Rica

Mar 12th, 2010 | Category: Daily News

by TCRN Staff
Roberto Kriete, CEO of TACA Airlines, said yesterday that his company has postponed huge investments in Costa Rica due to infrastructure constraints at the Juan Santamaria International Airport.
Aeris took over the management of the Juan Santamaria last year and is tasked with completing the works to modernize the airport.
The manager would not disclose [...]



Decline in coffee production attributed to aging plantations

Mar 10th, 2010 | Category: Daily News

by TCRN Staff
A 35% decline in national production of coffee in the last seven crops have stimulated authorities to the sector to begin seeking solutions to the problem.
During the 2002-2003 growing season, production reached 2.92 million bushels (equivalent to as many bags of 46 kilos or pounds of processed coffee).
The current harvest of 2009-2010, which [...]



Energy saving campaign set to launch

Mar 9th, 2010 | Category: Daily News

by TCRN Staff
The Instituto Costarricense de Electricidad (ICE) is launching a campaign to save energy, with the intent to reduce consumption by 120 megawatts.
The campaign, whose cost amounts to ¢350 million, will be scheduled to start this month in print, radio and television. The campaign will air steadily until May and be maintained at a [...]



Debt had the largest increase in 10 years

Mar 8th, 2010 | Category: Business

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 [...]



Another delay from ICE

Mar 4th, 2010 | Category: Daily News

by TCRN Staff

The Instituto Costarricense de Electricidad (ICE) has once again postponed the sale of prepaid cell lines to late March early April.
Originally they had announced in February to begin the marketing of 110,000 GSM connections, but it did not however those interested in obtaining one of these services can be entered on a waiting [...]