The National Treasury again Postponed VAT Collection to Digital Platforms
The Taxation General Directorate from the Ministry of Finance again postponed the start of the collection of 13% of the Value Added Tax (VAT) to digital cross-border services and Internet purchases
Money
46 out of 100 Costa Ricans Have Serious Debt Problems during the Pandemic
Debt is a problem that has been exacerbated by the COVID-19 Pandemic since 46 out of 100 households in the country are heavily or over-indebted. This was extracted from the most recent CID Gallup survey, called "Credit Use Habits,...
Money
Impoverished Costa Rican Families Will Receive Financial Support for Funerals of Death by COVID-19
The National Joint Institute for Social Assistance (IMAS) announced a program to finance the burials of those who die from the Coronavirus Pandemic from families living in poverty. Although no details were shared about the available resources or the...
Money
This is How Costa Rican Businesses Must Transform If They Wish to Survive the “New Normal”
The COVID-19 Pandemic without a doubt came to change the way we work and do business, not only in Costa Rica but globally. Changes in consumer behavior and the appearance of new opportunities and needs to be solved in...
Money
Isla San Lucas becomes the 30th National Park of the Country, Focusing on Sustainable Tourism
The National Assembly approved this past week in a second debate the project that creates the “Isla San Lucas National Park”, the 30th national park in Costa Rica. According to the approved initiative, in addition to being a protected...
Virtual mission of the food industry promotes Costa Rican products in South American markets
With the aim of promoting the Costa Rican exportable offers in the category of raw materials for the food industry, a virtual trade exposition was carried out with buyers from Brazil, Chile, Argentina and Uruguay
Money
Employers May Reactivate, for Specific Terms, Suspended Employment Contracts
Employers are now allowed, as of August 12th, to resume, for specific periods, the suspended labor contracts and with this, call their workers to perform functions only during the days or weeks in which they can work, by the...
Money
President of Panama, Assured that he is Open to Dialogue with Costa Rica to Resolve the Conflict over Exports
Laurentino Cortizo, president of Panama, assured that he is open to dialogue with Costa Rica to resolve the conflict over exports, but that this requires the "availability" of the Costa Rican authorities to reach a fair agreement.Panama is not...
Money
Tico Government Will Invest $ 545 million for Guarantees and Subsidies to Support Small Companies in the Tourism Sector Hardest Hit by the Pandemic
After the collapse in employment levels due to the SARS-CoV-2 Pandemic, the National Government announced that it will use two international credits for $ 545 million, to finance credit guarantees for companies, 119,000 new 'Protect' bonds and a support...
Costa Rican Cattle Ranchers Donate 13 thousand kilos of Meat to Organizations that Care for Older Adults
A total of 85 Social Welfare Organizations supervised by the National Council of the Elderly (CONAPAM), benefit from the donation of 13 thousand kilos of meat by the Livestock Corporation (CORFOGA)
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Costa Rican Hotels Project 66% Occupancy for this July Vacations
Hotels in Costa Rica project an average occupancy rate of 66% during the mid-season holidays. This period is between...