Money

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...

by TCRN StaffAccording to the new president of the board of the National Bank, Alfredo Volio, the National Bank will be tasked with helping the revival of the national economy through increased credit placement in hurting areas such as...

by TCRN StaffThe medical device industry welcomed the 31st company of its kind to the country.Moog Medical Devices, which specializes in the production of infusion devices and supplies, opened its first plant here yesterday with an investment of $...

by TCRN StaffAccording to Francisco Carvajal, director of financial services for the Central Bank, they has licensed five commercial banks; Banco Popular, Banco Nacional, Banco de Costa Rica, BCT, BAC San José, to offer digital bank cards.The digital card...

by TCRN StaffCosta Rica and Singapore hashed out an agreement on Thursday to establish rules that investors must meet in order to provide financial services here in Costa Rica.Fernando Ocampo, chief negotiator for the FTA said yesterday that to...

by TCRN StaffThe popular fast food chains McDonald's, KFC, Quiznos, Burger King, Church's Chicken, Papa John's, Campero, Taco Bell and Wendy's are planning on opening 29 new restaurants in 2010, with the majority being in the Greater San Jose...

by TCRN StaffEven during the existing economic crisis, Dos Pinos was and continues to plan ahead, investing $14 million in new projects in 2009 and intends to invest another $19 million in equipment purchases and upgrades this coming year.The...