Money

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...

TCRN StaffThe average price of the US dollar on the wholesale market fell on the 5th an additional ¢3.79, thereby accumulating in a ¢7.63 reduction in the last two days.On Monday, Tuesday and Wednesday, the price of the dollar...

SAN JOSE-- Representatives of the European Commission and the government of Costa Rica on Wednesday signed in Brussels a Memorandum of Understanding (MOU) to establish a bilateral consultation mechanism, the Costa Rican Foreign Trade Ministry announced Wednesday.According to the...

ANKARA- Turkish and Costa Rican leaders said Wednesday the two countries intend to sign a free trade agreement to boost bilateral economic relations and also enhance political ties, Turkish media reported.Turkish President Abdullah Gul told a joint press conference...

Results of the Cisco Costa Rica Broadband Barometer Project reported a 27.3 percent growth in fixed broadband connections in Costa Rica during the first half of 2009.The increase in broadband connections was mainly in the enterprise and home segments....