Money

Last week the business sector in Costa Rica highlighted the economic growth of Costa Rica in 2012, but urged the Government to reform in order allow greater private power generation companies to reduce their cost.The Costa Rican Union of...

Although exports grew at 7.8% this October, the growth rate is not the same as 2011 when the sales of Costa Rican goods grew 8% in relation to 2010.This slower growth rate is due to the global crisis experienced...

During the first half of the year there was big growth in imports, while for the second half growth slowed, this is reflected in domestic sales taxes and customs sales and domestic consumption resulting from the overall slightly slower...

The study from Deloitte for the fourth quarter 2012 consulted 132 major companies currently with operations in Costa Rica and revealed that over 57 % disapproved of this administration management of the country.Just over 31% said were neutral, neither...

US Tax Payers with accounts get compliance date pushed ahead to 2014The Law on Foreign Account Tax Compliance (FATCA, Foreign Account Tax Compliance Act), designed to curb evasion of US tax payers with accounts at financial institutions both within...

Costa Rica exports continue to grow: The PROCOMER Export Report (January 2012 to September 2012) which is the number of exported goods from Costa Rica to the world.The total exports of goods rose by 8.4 percent over the same...

Costa Rica's government announced today that Deutsche Bank and chose to Citigroup as banks responsible for the placement of foreign bonds known as "Eurobonds" by up to 4,000 million dollars.Costa Rican Vice Minister of Public Credit, Juan Carlos Pacheco,...

The Costa Rica exchange rate is projected to stay at the ₡500 mark in to 2013. While 6 month projects are tenuous at best, there are good indicators for this.There has been an acceleration of dollars pouring into Costa...

Costa Rica employment opportunities continue to rise as Bridgestone continues to expand its footprint in Costa Rica. After long and careful analysis Costa Rica was selected as the location for Bridgestone’s new operation.Bridgestone is the second advanced manufacturing company...

The National Insurance Institute (INS) plans to buy a Panama company, to launch the re-positioning of the institution in Central America. This was announced by the CEO of INS, Guillermo Constenla, stating that $ 300 million is slated for...