Economic

How to Bid: Customs to Auction Cars, Cell Phones, and Gaming Consoles in June

Are you looking to upgrade to a high-end smartphone, score a new video game console, or even purchase a vehicle without paying retail prices? This June, the National Customs Service is hosting a series of highly anticipated electronic auctions,...

Costa Rica: Free Trade Zone Sector Urges Approval of Key Bill for More Competitive Electricity Rates

Costa Rica's Free Trade Zone sector and top business chambers have issued an urgent call to the Legislative Assembly to accelerate the debate and approval of structural reforms in the energy market. For this sector—one of the most dynamic engines...

Cartago’s Rural Women Entrepreneurs Boost Textile Businesses with ¢15 Million Investment

CARTAGO, COSTA RICA – With the goal of strengthening the productive capacity of female entrepreneurs in rural areas of Cartago, the Rural Development Institute (Inder) has officially delivered industrial textile equipment to nine local beneficiaries. The project represents a...

Costa Rica Showcases a Major Business Delegation at Expo ANTAD 2026 in Mexico

With a firm objective to conquer North American retail shelves and consolidate its positioning in the region, Costa Rica is participating with a prominent commercial delegation at Expo ANTAD 2026, held from May 19 to 21 in Guadalajara, Mexico. The...

Will the Dollar Exchange Rate Skyrocket in Costa Rica? Experts Weigh In

As of mid-May 2026, a sense of uncertainty has taken hold of the Costa Rican financial market. After months of the colón reaching historic highs—with the exchange rate dipping as low as ₡442 in April—the tide appears to be...

El Salvador Launches National Regenerative Agriculture Initiative with Market Focus.

El Salvador launches a nationwide regenerative agriculture program to restore soil health and boost export competitiveness, aiming to reduce dependence on food imports by 2026.

DATE 2026: Caribbean’s Premier Tourism Fair Opens in Punta Cana

The Dominican Annual Tourism Exchange (DATE) 2026 begins in Punta Cana with 8,000 business meetings, highlighting tourism's role in providing 800,000 jobs and its $3 billion impact on the local economy

How Costa Rican Companies Are Navigating the Falling Exchange Rate

The persistent appreciation of the Costa Rican colón throughout 2026 has sent ripples through the national economy. While a "strong" currency might sound positive, for the nation’s vital export and tourism sectors, it presents a significant threat to profitability....

Costa Rica’s Medical Cannabis Gains International Demand After First European Export

Costa Rica’s emerging medical cannabis industry is already making waves on the global stage. Following its first shipment of medical-grade cannabis to Europe, producers are reportedly receiving offers that could secure their entire annual production — a strong signal...

Paypal Launches Its PYUSD Digital Currency In 70 Markets And Makes It Available To Users

PayPal announced the launch of its digital currency, PayPal USD (PYUSD), in 70 markets worldwide within the platform’s accounts.
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Space Week: Why Predicting Solar Storms Remains One of Science’s Biggest Challenges

The inability to accurately predict how severely a solar storm will impact Earth remains one of the greatest challenges...