“These numbers show a stable, solid financial system with liquidity that is contributing to the growth of the local economy by providing financial resources to virtually all sectors, both commercial and personal.”
Starting next month, public employees in Costa Rica will receive a salary increase ranging from 1.08 to 1.60 percent depending on profession. However, some unions are not happy with the amount.
Exports of Costa Rican beef to China increased by more than 700 percent in one year, according Leonardo Murillo, a livestock research coordinator at the Costa Rican Cattle Corporation.
Vice President and Finance Minister Helio Fallas announced on Tuesday that the government will conduct an evaluation of all salary incentives and policies at public banks, following an investigation by the Comptroller General's Office last month. The investigation found that salary incentives and bonuses are hurting credit options for people and for small businesses.
Just hours after President Luis Guillermo Solís stalled 19 bills to prioritize the passage of one, lawmakers on Tuesday evening approved a bill that authorizes reconstruction of a highway between San José and San Ramón.
Approval of Bill #18,298 — known as the Animal Welfare Bill — was scheduled for discussion by lawmakers in a full Legislative Assembly session starting this week, but it now has been postponed. President Luis Guillermo Solís on Monday evening tabled the proposal in order to prioritize passage of a construction bill for the highway between San José and San Ramón.
Public Works and Transport Ministry officials on Thursday will present the results of a study aimed at providing a solution to the reopening a stretch of the Inter-American Highway South that was washed out in a landslide on Jan. 29.
Costa Rican officials on Monday appeared before The Hague-based International Court of Justice to file a final written response in the ongoing territorial dispute with Nicaragua, the Foreign Ministry confirmed.
Consulting firm Demoscopía conducted the study from August to October last year, evaluating users' perception of services offered by the five phone carriers for landlines, IP phones, mobile phones and mobile Internet.
California-based burger chain Johnny Rockets on Thursday inaugurated its third restaurant in the country, which represents a $400,000 investment and 15 jobs, bringing to 90 the total number of jobs the local franchisee currently has here.
