Money

by TCRN StaffThe new trade commissioner of the European Union (EU), Benita Ferrero-Waldner, will visit three Central American countries next week to promote the resumption of negotiations for an Association Agreement.The European official will makes stops in Guatemala, El...

by TCRN StaffThe $20 million collected via a new airline tax levied on tourists by the Costa Rican Tourism Institute (ICT) will be used to bolster tourism advertising campaigns both here and abroad.The fee of $15, which has been...

by TCRN StaffThe central bank will be using a different indicator to assess inflation, an measure called a truncated mean estimation.This estimate excludes products and services in the consumer price index (CPI) that show more extreme variations in a...

by TCRN StaffThe Intel plant in Costa Rica will assemble and test the new 32-nanometer chips, the first of their kind in the world, with smaller transistors and higher speeds than have ever been achieved for desktop computers.The company...

by TCRN StaffCosta Rican negotiators hope to finalize the free trade agreement (FTA) with Singapore next week.Fernando Ocampo, chief negotiator for Costa Rica to the FTA, said this week there was consultation with the domestic private sector to clarify...

By TCRN StaffThe Regulatory Authority for Public Services (Aresep) has started the new year with cost increases for water, sewage systems, taxis, postal services and nine bus routes.In addition, Aresep is also considering an increase for premium gasoline and...

by TCRN StaffThe Foreign Trade Promoter (Procomer) announced that starting next year there will be a new safety standard in the United States (USA) which could generate some concerns as some perishable food wholesalers fear their products will deteriorate...

By TCRN Staff:A recent Deloitte study predicts that consumption in the country will grow sharply in 2010, due to signs of economic recovery worldwide and especially in the U.S., Costa Rica's main trading partner.Both the Costa Rican Chamber of...

By TCRN StaffThe International Monetary Fund (IMF) reported on its website Wednesday that it will increase Costa Rica's access to credit from $65 Million to $653 Million after the second economic review of a stand-by agreement which was finalized...

By: Lance HarrellWith the release of the new G3 lines by ICE last week, the demand for new phones was high. So high in fact that the Nokia 5800 and N97 models that were optional sold with the line...