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    Money

    Low price of the dollar affects finances of private banks

    by TCRN StaffThe sharp depreciation that has taken the dollar against the colon since August last year, have taken their toll on the finances of private banks.The impact of this exchange can be seen since last September, when the...

    Costa Rica companies join forces to increase competitiveness

    by TCRN StaffTen private companies and four public institutions joined together in order to improve and raise the competitiveness of the country as part of the Ally Foundation for Development.Jorge Nowalski, president of the foundation, explained that there are...

    Dollar continues to weaken

    by TCRN StaffThe dollar was steady in morning bank counters practically the same as yesterday, when it fell about ยข17.This morning, the dollar was trading at Banco Credito Agricola de Cartago at ยข 528 for sale and ยข 518...

    Economic activity continues to show improvement

    by TCRN StaffThe Central Bank announced this week that the Monthly Index of Economic Activity (IMAE) rose 7.2% in January this year over the same month of 2009.This was the largest variation (each month over the same month last...

    Taca delays investment in Costa Rica

    by TCRN StaffRoberto Kriete, CEO of TACA Airlines, said yesterday that his company has postponed huge investments in Costa Rica due to infrastructure constraints at the Juan Santamaria International Airport.Aeris took over the management of the Juan Santamaria last...

    Decline in coffee production attributed to aging plantations

    by TCRN StaffA 35% decline in national production of coffee in the last seven crops have stimulated authorities to the sector to begin seeking solutions to the problem.During the 2002-2003 growing season, production reached 2.92 million bushels (equivalent to...

    Debt had the largest increase in 10 years

    by TCRN StaffIn 2009 the burden of public debt rose 2.9 percentage points and ended the year in an amount which represented 42.3% of domestic production.This is the largest increase in percentage points registered since 1999 and it reverses...

    Israeli businesses looking for partners in Costa Rica

    by TCRN StaffA delegation of Israeli businessmen representing 16 companies from various sectors arrive in the country next week in seeking new business opportunities with their Costa Rican peers.Mario Burstein, director of the Israel-Latin America Chamber of Commerce, said...

    Exports and imports on a recovery trend

    by TCRN StaffOverall trade of goods has been showing steady signs of recovery since last November.Cumulative exports in the last 12 months (February 2009 to January 2010) totaled $ 8.886 billion, up 5% over the previous 12 month period...

    Barrio Escalante is preparing for an urban renewal

    by TCRN StaffAn urban renewal plan promises to improve the quality of life for the people in Barrio Escalante, and to foster the consolidation of its businesses and services.The Municipality of San Jose and the Neighborhood Association Barrio Escalante...
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    Indigenous Theater Gains More Audiences in Canada

    In the evolution of indigenous theater in Canada, it is hard to believe that there was a time when...
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