Money

Something extraordinary is happening in the world of business, and it is going to create some very big shifts in our world. The world of business is changing. While we regularly see news about the affairs of ‘big business’,...

When you think about Costa Rica first things that come to mind could be something like nice weather, beaches, people having good times and of course vacations. But when it comes to business and thinking about entrepreneurship we can find...

While most of the news these days is about the recent American election, there was some good news coming out of the United States too. A group of young Americans, aged 9 to 20, have won the right to...

With greater oil reserves than Saudi Arabia, Venezuela should be, at least, a moderately prosperous country. Instead, it has the world’s fastest contracting economy, with a rampant inflation heading towards more than seven hundred percent (700%) and shortages of food...

SINPE Mobile is directed to retail payments segment (low amounts), so that users of the Costa Rica National Financial System can make electronic money transfers to accounts linked to mobile phone numbers from any electronic channel banking (Banking SMS...

As anyone who has been watching the news knows, Haiti is recovering from Hurricane Matthew, a Category 4 hurricane that recently devastated the poorest country in Latin America.  Even as they try to pick up the pieces, find their...

When properly informed on what appliances to buy for your kitchen, you can save energy as well as cash, while helping the environment.When you add up all the appliances found in a standard kitchen, the microwave, refrigerator, washer, dryer,...

Many, if not most, rental agreements or leases include a clause relating to the security deposit, which is usually equivalent to one month’s rent.  This applies to residential, commercial, or office buildings.  This clause usually states that the tenant will...

The Association of Engineers and Architects (CFIA) has laid out specific and enforceable rules that govern all professional engineers and architects in Costa Rica.  These rules apply when a client hires one of these professionals to provide advisory services,...

Some of the national banks in Costa Rica have been making changes to their previous restrictions on opening new accounts for foreigners.  In the past few year, it has become increasingly difficult to open a new banking account at...