Money
Live in Costa Rica: Where the weather suits your clothes
Unless you love snow and ice or the dramatic variation of four seasons, there is bound to be a Costa Rican region that will feel like paradise to you.
Money
Costa Rica exports to the U.S. increased 24.1% in 2010
Exports to the United States rose 24.1% in 2010, according to figures provided by the Promotora del Comercio Exterior de Costa Rica (PROCOMER).
Money
Government proposes sales tax of 14% in fiscal reform
On Tuesday, the Costa Rican government presented to Congress a fiscal reform plan that proposes to transform the sales tax on a value added tax (VAT) and increase its rate from 13% to 14%.
Money
Costa Rica rated higher in 2011 Index of Economic Freedom
This year, Costa Rica improved in the Index of Economic Freedom, which is published in January of each year by the Heritage Foundation and The Wall Street Journal.According to the report, Costa Rica ranks 49th in the world among a...
Money
Why I love life in Costa Rica
Today my appreciation of the sheer beauty of this country has only intensified as I awoke to sparkling sunny skies and a brisk wind dancing through the jungles around our apartment. A few clouds drift overhead, the sun is warm, birds are singing in the trees and I am grateful to be here.
Money
SUTEL recommends the government concede cellular bands
The Superintendent of Telecommunications (SUTEL) is the entity responsible for regulating telecommunication services and last week they made a technical recommendation to the Executive Branch to concede cellular bands for mobile phones to the private companies Claro and Telefónica.The...
Money
Banco Nacional will offer loans of ¢850,000 million in 2011
For the coming year, the state agency intends to place ¢850,000 million, nearly 10 times the figure given in 2010, which amounted to ¢88,300 million.
Money
A lull in tourism brings national income down: Hope for change on the horizon
The percentage of tourists entering Costa Rica has increased 13%, and working tourists, 7%. However, the national earnings from foreign workers failed to cover the national deficit.Costa Rica’s income earned from tourism has slowed down and the income made...
Money
Costa Rican exports predicted to increase in early 2011
National exports are predicted to show real growth in the first third of this year. So expects the Ministry of Foreign Trade (COMEX) and industrialists, alleging that in 2010 they almost made it out of the hole caused by the crisis of 2009.
Money
Colombian bank buys BAC-Credomatic and wants to extend credit
The banks - who are they? Banco de Bogotá was founded in 1870 and is the second largest in the Colombian financial sector due to its assets and utilities. The BAC-Credomatic Group was originally founded in Nicaragua in 1952...
Latest News
Which Are the Favorite Destinations for Costa Ricans to Say Goodbye and Start the New Year?
With the arrival of the end of the year season, Costa Ricans take advantage of the festivities to explore...