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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...
Money
National Bank proposes more credit for tourism and construction
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...
Money
Moog medical firm opens $ 3.5 million plant
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 $...
Money
Costa Rican Banks go Digital
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...
Money
FTA with Singapore Reaching Final Stages
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...
Money
Fast Food Chains Add to Economic Recovery
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...
Money
Dos Pinos healthy despite economy
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...
Money
EU Trade Commissioner Visiting Costa Rica
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...
Money
New tax on airline tickets boosts tourism fund
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...
Money
Central Bank changes inflation marker
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...
Latest News
Costa Rica National Symphony Choir Opens Audition to Find Singers for Its 2025 Season
On February 10 and 12, the National Symphony Choir (CSN) will hold in-person auditions in search of new singers...