In a key move to bolster agricultural resilience and support local farming families, Costa Rica’s Ministry of Agriculture and Livestock (MAG) has announced a ¢20 million investment in modern post-harvest infrastructure for onion producers in Tierra Blanca, Cartago.
The funding...
SAN JOSÉ, Costa Rica — It has been 42 years since the United Fruit Company departed Costa Rica, but communities in the Southern Zone are actively shifting from banana monoculture toward a sustainable, biodiversity-led tourism model.
A Shift in Mindset...
SAN JOSÉ, Costa Rica — Eighteen years ago, Costa Rica took a historic step by opening its insurance market, officially putting an end to more than eight decades of state monopoly. That pivotal policy shift gave birth to a...
New Fuel Rates Approved
The price reduction applies to super gasoline, diesel, and liquefied petroleum gas (LPG). Regular gasoline will be the only fuel maintaining its current cost of ¢755 per liter.
The updated rate breakdown is as follows:
Super Gasoline: Decreases...
Costa Rica has solidified its standing as a major global hub for foreign direct investment (FDI), securing a spot among the top 10 countries worldwide with the highest number of investment projects per capita, according to the latest study...
Orchid growers in Costa Rica are set to benefit from expanded export opportunities and significantly reduced operational costs when entering the United States market, following a major regulatory update announced by the Ministry of Agriculture and Livestock (MAG).
Under the...
Despite global market pressures—including rising international tariffs and geopolitical tension in the Middle East—Costa Rica has secured a spot among the top 10 countries worldwide for receiving the highest number of Foreign Direct Investment (FDI) projects per million inhabitants.
According...
As the second half of the year begins, a stable dollar exchange rate, caution regarding interest rates, and the impact of fuel prices on inflation are expected to shape the end of the year, according to Federico Quesada Chaves,...
The Business Year (TBY) and the Costa Rican Foreign Trade Promotion Agency (Procomer) renewed their partnership to launch the special edition Costa Rica 2027.
The international publication will showcase the country’s opportunities to investors, companies, and decision-makers from various markets.
The...
Costa Rica’s specialty coffee industry has achieved a monumental milestone, wrapping up the 19th edition of the prestigious Cup of Excellence (CoE) with the strongest financial and competitive results seen in recent years. Global buyers competed fiercely during the...
