Money
Proposal for the “Renta Mundial Tax” Does Not Have Support in National Assembly
Instead of promoting proposals that affect the economic reactivation and the image of the country as a business destination, as is the case of “Renta Mundial Tax”, President Carlos Alvarado should support other initiatives that do generate investment opportunities...
Money
Costa Rica Has the Third Highest Salary in Latin America
Costa Rica has the third highest average salary in Latin America, concludes a study by Picodi.Ticos earn an average of $ 737 per month, a lower salary than Panamanians ($ 774), and Puerto Ricans ($ 1,858), regional leaders.In...
Money
CCSS has Executed more than 64 billion colones in the Control of the COVID-19 Pandemic
The Costa Rican Social Security Fund (CCSS) has invested 64 thousand 189 million colones from its contingency fund for the control of the COVID-19 Pandemic as of August 21st, 2020, informed Karen Nájera Rodríguez, head of the subarea Budget...
Money
AyA Suspends Water Service Cuts Due to Delay Payment until September
The Costa Rican Institute of Aqueducts and Sewers (AyA) announced on August 21st that it will suspend water service cuts due to delay payment until September, to contain the economic impact of the COVID-19 Pandemic on households."The institution joins...
Money
Costa Rica is the Central American Country that has resorted to More Effective Economic Measures during the Crisis
Each Central American country has sought a way to alleviate, through economic policy, the effects of the Coronavirus Pandemic crisis, with Costa Rica having resorted to the most effective actions, according to a study by the Central American Monetary...
Money
Financial Education Portal Allows Costa Ricans to Promote Good Use of Their Money
To promote financial education in the population through development associations, the Ministry of Economy (MEIC), together with the National Directorate for Community Development (Dinadeco) and Davivienda, implemented a pilot plan with which these organizations can promote good money management...
Money
As of Midnight August 18th and Until July 2021, Tourist Activities Will Not Pay Value Added Tax (IVA)
Tourist services will not have to pay the Value Added Tax (IVA in Spanish) until July 1st, 2021, once the law that imposed a new moratorium on the tax comes into force, as part of the extraordinary measures to...
Money
Costa Rica Launches National Bioeconomy Strategy
Productive systems face a fourfold challenge in the face of the global economic contraction exacerbated by COVID-19: “to produce more efficiently or reinvent themselves, maintain value chains that support jobs and livelihoods, while the sustainable use and rehabilitation of...
Money
What is The Best Location to Start Your Business?
How well you do in your business is majorly dependent on your business location. From how your business grows to how easily you can arrange to fund, all the crucial factors about the business growth are influenced by the...
Money
Bicycle Madness in Costa Rica Shoots up Sales by up to 100%
Bicycle sales have soared by as much as 100% since mid-April, in numbers only comparable to those around the Christmas holiday, although, depending on the company, they are even better in these times of Pandemic.The interest in acquiring a...
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Global Warming Slows Earth’s Rotation and Alters Universal Time Measurement
The melting of ice in Greenland and Antarctica modifies the speed of the Earth's rotation faster than expected and...