Money

Costa Rica and Colombia launched the fourth round of negotiations for a bilateral free trade agreement (FTA), in which both countries are expected to bring to the table their initial offers of market access.According to the Costa Rican Ministry...

Managers of Banco de Costa Rica (BCR) and National Bank (BNCR), Mario Rivera and Fernando Naranjo respectively, reject the imposition of the Central Bank of Costa Rica (BCCR) to set a limit on placement creditworthiness of financial institutions regulated...

While often overshadowed by its larger Central American and South American compatriots there is no doubt that Costa Rica has weathered the storm of the worldwide economic downturn better than most. Despite the fact that the World Bank has...

The appreciation of the colon against the dollar benefited the state banks (Banco Nacional, Banco de Costa Rica, Bancrédito) for 2012.Those entities as a whole won a total of 7.556 billion colones, representing an increase of 14% compared with...

Costa Rica News - Costa Rica seeks to expand its export market for plants, flowers and foliage and has set their sights on Poland. Next week Costa Rica will send its first trade mission to Poland.The Foreign Trade Promoter...

Costa Rica News - Costa Rica is the best investment destination in Latin America and thirteenth for outsource services in the world, according to global consulting firm Tholons.Coalition for Development Initiatives (CINDE), responsible for attracting investment to Costa Rica,...

During the previous year, credit to the private sector presented an annual growth rate of 14.5%, according to analysts, foreign currency loans were most desired due to the stability in the interest rate and the exchange rate of the...

If the Central Bank of Costa Rica (BCCR) chooses to migrate towards a managed float, one of the first effects would be the appreciation of the colon.Economist Fernando Estrada, said that instead of depreciating the colon, it most likely...

Many people looking at real estate in Costa Rica often also look to purchase or start a business. Starting or buying a business in Costa Rica can be a daunting task, both have their up and down sides.If you're...

Costa Rica News - Costa Rica export numbers was 7.25 percent higher than the projections for 2012, reaching an $16.9 billion in revenues.Exports in November 2012 increased from $9.7 billion in 2011 to $10.4 billion this year, according to...