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Financial Institutions Pressing Back on Foreign Account Tax Compliance Act
US Tax Payers with accounts get compliance date pushed ahead to 2014The Law on Foreign Account Tax Compliance (FATCA, Foreign Account Tax Compliance Act), designed to curb evasion of US tax payers with accounts at financial institutions both within...
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Costa Rica Exports Continue to Grow even with Global Slowdown
Costa Rica exports continue to grow: The PROCOMER Export Report (January 2012 to September 2012) which is the number of exported goods from Costa Rica to the world.The total exports of goods rose by 8.4 percent over the same...
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Costa Rica – Deutsche Bank and Citigroup to Place Eurobonds
Costa Rica's government announced today that Deutsche Bank and chose to Citigroup as banks responsible for the placement of foreign bonds known as "Eurobonds" by up to 4,000 million dollars.Costa Rican Vice Minister of Public Credit, Juan Carlos Pacheco,...
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Costa Rica Exchange Rate into 2013
The Costa Rica exchange rate is projected to stay at the ₡500 mark in to 2013. While 6 month projects are tenuous at best, there are good indicators for this.There has been an acceleration of dollars pouring into Costa...
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Bridgestone Shared Services Generates 120 New Job Positions
Costa Rica employment opportunities continue to rise as Bridgestone continues to expand its footprint in Costa Rica. After long and careful analysis Costa Rica was selected as the location for Bridgestone’s new operation.Bridgestone is the second advanced manufacturing company...
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INS will Invest $ 300 million in Panamanian Company to Expand in Central America
The National Insurance Institute (INS) plans to buy a Panama company, to launch the re-positioning of the institution in Central America. This was announced by the CEO of INS, Guillermo Constenla, stating that $ 300 million is slated for...
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Costa Rica Economy Winning but Still Struggling with Public Debt
Costa Rica economy and GDP growth rate are seeing better management as government struggles to navigate the Global Economic Crisis.Costa Rica’s domestic and foreign debt has been growing rapidly. To date, the debt represents 49.7% with respect to domestic...
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Costa Rica Seeks to Sell its Products to 220 Countries and Import From 30
Costa Rica Imports and Costa Rica Exports on the riseCosta Rica from today look close deals with 220 importers from 30 countries in the "Buyers Trade Mission (BTM)" or Buyers Mission 2012, the largest annual event to promote the...
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COMEX and CINDE to Attract more Foreign Investment to Costa Rica
In recent years, Costa Rica has emerged as one of the most attractive and safest destinations for foreign investment in Latin America.Costa Rica’s stable democracy, quality of educational system, strategic location, excellent business climate, quality of infrastructure, and quality...
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Helix Medical Celebrates Grand Opening
Helix Medical, LLC, a global manufacturing company for medical device, healthcare, and pharmaceutical companies, celebrated the grand opening of its facilities in Costa Rica, a 1607m² manufacturing plant that represents and investment of $4 millions.Located in the Coyol Free...
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The Costa Rican Tourism Board Presents a Reality Show About Costa Rican Gastronomy
“Costa Rica, a country of flavors to discover” is the name of the reality show that the Costa Rican...