Money

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...

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...

by TCRN StaffThe dollar was steady in morning bank counters practically the same as yesterday, when it fell about ¢17.This morning, the dollar was trading at Banco Credito Agricola de Cartago at ¢ 528 for sale and ¢ 518...

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...

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...

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...

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...

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...

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...

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...