Money

A free trade zone may come to Puntarenas by the year 2020, depending on the results of a fact-finding mission scheduled for next month.The Chinese-led project anticipates the construction of an active economic zone, including a large business...

In the age where technology is making giant leaps every day, Artificial Intelligence (AI) stands to make science fiction a reality and take over more and more jobs.The company Boston Consulting Group predicts that one fourth of the...

The government asserts that the debt level is so high, that for every 100 colones allocated to expenditures, 46 must be financed with new loans.According to Jose Francisco Pacheco, Costa Rica's finance minister:"We can't put off the obligations and...

The European Union-Central America partnership recently declared Costa Rican bananas the best in the world. Learn why you should be eating more of the fruit.For over 100 years, bananas have been the lifeblood of Costa Rica. Beginning in the...

If you are one of the millions of U.S. citizens who are behind on tax filings, it’s time to take action!Whether you didn’t realize you had a filing obligation or have admittedly procrastinated a bit too long, rest...

An adventurous, beautiful reality is possible for less than what many people are paying in the States.When people see photos from our new life in Costa Rica, they always ask us how we can possibly afford such a...

Costa Rica is cracking down on illegal breeders. Learn how you too can help animal welfare!Earlier in April, 64 dogs were seized from tragic conditions in a puppy mill in La Union, and their breeder fined. According to Cynthia...

Fitch Ratings is one of the three nationally recognized statistical rating organizations designated by the U.S. Securities and Exchange Commission. In a recent report, Fitch Ratings has placed Banco Internacional de Costa Rica’s (BICSA) Issuer Default Rating (IDR) at...

The Costa Rica News (TCRN) - According to a report on Bloomberg Business, Costa Rica’s currency (the Colón) is the Western Hemisphere’s best performer this year. The primary reason given is low oil prices have cut demand for American...

President Luis Guillermo Solis is a strong devotee of economic nationalism. One of his precepts of public policy is the "food sovereignty." This ideology states that Costa Rica has to produce what it consumes, no matter how expensive it...