Money

Gold Mining in Costa Rica still drawing growth

TCRN STAFF: The gold mining industry in Costa Rica has always been in the hands of foreign investors who have taken advantage of sizeable tax breaks and incentives in Costa Rica. Open to foreign capital, the Costa Rican governments welcomes...

Costa Rica Advances its Strategies With Asian Countries

TCRN STAFF: SAN JOSE (Costa Rica), Rene Castro, Costa Rican Foreign Minister met this week along with Costa Rican ambassadors in Asian countries to move forward their efforts in the region. The Minister and Foreign Policy Director Jairo Hernandez met in...

There’s Real Gold in those Golden Years

TCRN STAFF: Brian Smith, It seems that there are enough forward-thinkers among the powers-that-be in Costa Rica that a new wave of economic prosperity is currently in the works. The Costa Rican government has begun to reemphasize retirement communities as...

Central Bank raised rates on deposits at Direct Central

The central bank on Saturday raised the interest rates offered on deposits at Central Direct. This is the third change made by the Central Bank on interest rates after the sharp cut of 1.50 points made on 19 August. The rate...

Real Estate Continues Upward Trend

TCRN Staff: Costa Rica's recovery continues gaining ground. Costa Rican's are taking advantage of low price points. Surveyed realtors in Costa Rica the market continues 2010 improvement trend. A representative from Day Group Services, one of Costa Rica’s top real estate investment...

Costa Rica on track to grow 4.5 pct in 2010, 5 pct in 2011

TCRN Staff Last week, Laura Chinchilla, went on a whirlwind sales trip, ringing the opening bell on Wall Street, Rick’s List CNN, United Nations General Assembly, courting business investors, and trying to do damage control after Obama put Cost Rica...

Dollar Falls – Drops Below ¢500

TCRN Staff Last week the dollar exchange dropped to its lowest level in the last two years, as of September 20, 2010: Central Bank, BUY ¢ 496.93, SELL ¢ 507.15 There is speculation that the Banco Central de Costa Rica (BCCR)...

Costa Rica – Bond Rating Raised to Investment Grade

Costa Rica’s bond rating was raised to investment grade, as Costa Rica’s economics have improved dramatically since 2008, reported Moody’s Investor Service. Moody's Investors Service is a leading provider of credit ratings, research, and risk analysis. The firm's ratings and...

Biofuel Research and Development Project

Submitted by Agro Negocios United Biofuels of America (UBA) and Agronegocios Costa Rica para el mundo; conducted a research alliance to develop agronomic models in the cultivation of Jatropha curcas-tempate. The intent of this important collaboration is to develop different...

Costa Rica Real Estate Rebounds

By TCRN Staff The real estate firm NAI released a mid-year report on Costa Rica real estate markets for housing, office space, retail space and land have all shown improvement in the first half of 2010. The Costa Rican real estate...
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The Rise of Wellness Pura Vida Tourism in Costa Rica

Costa Rica continues to position itself at the forefront of global tourism by transforming its natural resources into tools...