Economic
Economic
Costa Rica to Report New Record in Attracting Foreign Investment for Second Consecutive Year
Costa Rica will reach a record figure in terms of foreign direct investment this year, going from $3.788 billion in 2023 to $4.5 billion by the end of this year, according to data from the Central Bank.This will position...
Economic
Oyster Farming: Socioeconomic Alternative for Communities on the Costa Rican Pacific Coast
This work accompanies undertakings by coastal groups dedicated to the cultivation of curly oysters (Magallanagigas) in long line suspended systems. It began with the biotechnological development validated in the cultivation methodology and closed-cycle seed production and after the presentation...
Economic
What to Expect About Exchange Rates, Inflation and Interest Rates InCosta Rica
At a time of international fragility, the Costa Rican economy continues to stand out for its resilience and capacity for growth. Despite global instability, with wars in Ukraine and tensions in the Middle East, as well as the escalation...
Economic
Why Costa Rica is Considered a Business-Friendly Nation?
Costa Rica has established itself as a beacon of business-friendly policies, drawing entrepreneurs and investors from around the world. The country's commitment to fostering a conducive environment for businesses to thrive is reflected in various initiatives, incentives, and regulations...
Economic
Costa Rica’s “Marriage” to Electric Cars Affects Use of Other New Technologies that also Reduce Pollution
Advanced technology in combustion engines to reduce carbon dioxide (CO2) emissions. Hybrid vehicles that can be powered by fossil fuels, electricity and other fuels such as ethanol at the same time.These options that also reduce the polluting emissions that...
Economic
The Costa Rican Chamber of Banks Alerts the Population and Supports the Strategy Against“Gota a Gota”Loans
The Chamber of Banks and Financial Institutions (CBF) warns the population against the so-called “gota a gota loans”, since this type of financing is very risky for the population.According to data from the Survey on the financial culture of...
Economic
How Are Costa Rica and Puerto Rico Similar?Agricultural Opportunities Reconcile Their Commercial “Marriage”
“We had a good marriage for a long time that, for reasons that are not on the table, we stopped taking care of it (…) It was not given the affection that should have been given to a relationship...
Economic
Buying a Car in Costa Rica: These Are Some Tips For You
With Expomóvil 2024 just around the corner, the most anticipated automobile show of the year, many people are preparing to find the vehicle of their dreams. Purchasing a car is an exciting decision, but one that requires careful planning...
Economic
How to Survive a Rock-Bottom Dollar Exchange Rate in Costa Rica
Since the end of June 2022, companies in Costa Rica that receive their income in dollars have suffered a reduction in profits by approximately 27%.The falling dollar exchange rate severely hits exporters and tourism companies, but also a large...
Economic
Costa Rica Seeks to Attract More Cruise Passengers to the Country
Costa Rica participated by showing the best as a destination for cruise lines at Seatrade Cruise Global 2024, considered the most important cruise fair in the world, which took place from April 8 to 12, at the Miami Beach...
Latest News
La Cruz de Guanacaste: From Record Heat to Record Rainfall in a Single Month
The district of Santa Elena in La Cruz, Guanacaste, experienced record heat and rainfall in a single month, according...