Money
Building a Home in Costa Rica? Cement Costs Could Go Down 50% in the Near Future
The Costa Rica News (TCRN) - Otto Guevara, head of the Libertarian Movement, has set a goal for a 25 to 50% price reduction for imported cement in Costa Rica.Currently, a bag of cement costs about ¢5,513 ($10.21 USD)...
Money
Tire Giant Bridgestone has Grand Opening for Costa Rican Plant That Runs on Biomass
The Costa Rica News (TCRN) - A boiler that uses biomass will reduce daily fuel consumption by 50 percent for the multinational company Bridgestone to produce tires.The company, headquartered in San Antonio de Belén, opened a new plant with the goal...
Money
Black Friday Blows Costa Rica Store Sales Through the Roof with 200% Increases
The Costa Rica News (TCRN) - The vice president of the Chamber of Commerce of Costa Rica , Víctor Manuel Ruiz, has confirmed that many stores saw a 200% increase in sales this Black Friday compared to a normal...
Money
Need the Perfect Gift? New ‘100% Made in Costa Rica’ E-store Gives Entrepreneurs a Chance to Showcase and Market Their Goods
The Costa Rica News (TCRN) - Clothing, housewares, accessories, crafts, are just a few of the 100% Costa Rica-made products that can be acquired through a new online trading company.This community of Costa Rican entrepreneur is called "The Cajoncito", and they...
Money
New Mobile Wallet App Allows National Bank Customers to Easily Make Transfers and Charge Their Kolbi Account
The Costa Rica News (TCRN) - You can now send money to another person, check your balance and see recent purchases for your Banco National (BN) account through their new service: Mobile Wallet.This tool allows you to link your...
Money
Costa Rica’s Caribbean Ports are About to Get a Serious Facelift
The Costa Rica News (TCRN) – The government of Costa Rica announced its support for the second major port project in the province of Limon (Caribbean), which is worth about $900 million and will be built in the coming...
Money
Study Reveals That Only 45% of Costa Rica’s Small Business are Formally Registered
The Costa Rica News (TCRN) – A study by the Universidad Estatal a Distancia (UNED) recently revealed that 45 percent of micro, small and medium enterprises (MSMEs) which make up the Costa Rican business community are formalized.The results of...
Money
Like European Wines of the Past, Experts Say Coffee Must Genetically Evolve in Order to Thrive
The Costa Rica News (TCRN) – At the XXVIII International Coffee Week (Sintercafé) conference in Costa Rica, experts claimed that the future of coffee in Latin America is to exploit their genetic varieties to be able to survive in harsh...
Environment
CAREIG Predicts Costa Rica’s Water-Rich Land Could Prove More Valuable Than Gold
The Costa Rica News (TCRN) - While governments and corporations squabble over resources like oil and rare earth minerals, many investors are looking towards water as the next big commodity. Water is essential for life, and is in short...
Money
Golfos Fisherman Receive Top Notch Fish Prep Center
The Paquera Fishermen Association (APEP) has remodeled a central collection area in Golfos and revamped basic equipment such as the ice machine thanks to an investment of $50,000. This project will allow local fishermen to have an appropriate...
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Costa Rican Tourism Minister says Dollar Rate Will Not Change Next Year and Asks Businesses to Adjust Strategies
Tourism Minister William Rodríguez does not expect any changes in the dollar's value in Costa Rica in the coming...