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COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

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Monthly Archives: May, 2005

Fast-Track Procedure Still in Doubt

THE beleaguered Permanent FiscalReform Package got a break this weekwhen the Legislative Assembly voted toapply a new “fast-track” procedure to themuch-debated controversial tax plan.On...

American West to Buy Bankrupt U.S. Airways

IN a move that proposes to mergethe United States’ seventh- and eighth-rankedairlines, America West HoldingsCorp. and a group of investors last weekannounced plans to...

TACA Announces Special Rates for Excess Baggage

TACA airlines is offering a specialrate for excess baggage until June 15.The promotion applies to all flights toand from Central America, Los Angelesand San...

Bank President Criticizes Proposed Pension Hike

IN presenting his report on the firsttrimester of 2005, Central Bank presidentFrancisco de Paula Gutiérrez praised thePacheco administration and FinanceMinistry for keeping a tight...

General Electric Buys BAC Shares

GENERAL Electric (G.E.) ConsumerFinance, one of the largest consumer creditbusinesses in the United States, hasbought 49.99% of the Banco de AméricaCentral (BAC), a commercial...

Tourism Fair Begins Tuesday

THE “Costa Rica Travel Mart”(EXPOTUR), organized each year by theCosta Rican Association of TourismProfessionals (ACOPROT), will beginTuesday at the Hotel Herradura, west ofSan José.The...

Holiday Inn to Open Hotel, Mall in Liberia

U.S. hotel chain Holiday Inn Expresshas announced plans to invest $10 millionin the construction of a new hotel andmall in Liberia, capital of the...

Record Participation Expected At Commercial Food Fair

THE fifth annual “ALIMENTEXPO”food products fair, organized by the CostaRican Chamber of Foreign Trade andRepresentatives of Foreign Businesses(CRECEX), will take place July 27-28 inSan...

Gov’t $130 Million In Debt This Year

THE central government’s deficit registeredat $130 million for the first fourmonths of 2005, with total income of$851 million and expenditures of $981million, the wire...

Circuito Champions to Be Decided This Weekend

THE 2004-05Circuito Nacionalde Surf concludesthis weekend at LaCurva beach breakin Playa Hermosa,on the central Pacificcoast, with theGrand Finals goingoff today and tomorrow.And whileit’s certain...

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