Money

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...

Money Does Grow on Trees!

Costa Rica, known as one of the best agriculture hot spots in the western hemisphere, is now growing oil fields for the Biofuel markets. One program in particular has been capturing the attention of investors, is called Multi Purpose Real...

G20 seeks strategies to avoid relapse into world recession

Members of the G20 summit, which opened last night in Toronto, will compare their strategies to avoid a relapse into recession, as the collapse of the Greek economy has dampened optimism about a quick and orderly exit from the...

Rate changes in fares and electricity under discussion

by LUIS EDO. DIAZ The Aresep has scheduled six public hearings, the majority of which are next month, to address several requests regarding the rate increase for services like public transport and energy. The strongest increase to be examined by the...
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Pura Vida Wilderness: Exploring Guanacaste’s Volcanoes, Beaches, and National Parks

Three to five hours from San José, Guanacaste presents itself as a land of contrasts, where the warmth of...