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Costa Rica registers inflation of 0.29% in February
Costa Rica
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Costa Rica
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Costa Rica registers inflation of 0.29% in February

AFP and The Tico Times - March 6, 2020

Costa Rica recorded an inflation of 0.29% in February, higher than the 0.11% figure in January. Still, the accumulated total over the last 12 months remained below…

Deficit leads Moody’s to downgrade Costa Rica’s credit rating
Costa Rica
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Costa Rica
725 views

Deficit leads Moody’s to downgrade Costa Rica’s credit rating

Alejandro Zúñiga - February 13, 2020

Moody's Investor Services, a United States-based financial company, downgraded the Government of Costa Rica's long-term bond credit ratings to B2 from B1, it announced this week in…

Facing rising deficit, Costa Rican government announces fiscal consolidation plans
Costa Rica
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Costa Rica
803 views

Facing rising deficit, Costa Rican government announces fiscal consolidation plans

The Tico Times - February 11, 2020

Facing a fiscal deficit that reached 6.96% of GDP in 2019, the country's highest figure in decades, the Costa Rican government on Monday announced a plan that…

Unemployment in Costa Rica rose to 12.4% at the end of 2019
Costa Rica
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Costa Rica
1504 views

Unemployment in Costa Rica rose to 12.4% at the end of 2019

AFP and The Tico Times - February 6, 2020

Unemployment in Costa Rica grew to 12.4% at the end of 2019 and is one of the highest in Latin America, the country's official statistics agency said…

Help wanted: Job fair aims to fill 3,000 positions
Job offers
4432 views
Job offers
4432 views

Help wanted: Job fair aims to fill 3,000 positions

Alejandro Zúñiga - February 6, 2020

The Costa Rican Investment Board (CINDE) will host its 15th annual job fair on March 6-8 at the Convention Center of Costa Rica in Cariari, Heredia. More…

Costa Rica reached in 2019 its worst fiscal deficit in decades
Costa Rica
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Costa Rica
836 views

Costa Rica reached in 2019 its worst fiscal deficit in decades

AFP - January 30, 2020

Costa Rica's fiscal deficit reached 6.96% of GDP in 2019, the highest of the last three decades, the Ministry of Finance reported Wednesday. The result exceeded the…

Farmers protest in Costa Rica asking for debt relief
Business
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Business
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Farmers protest in Costa Rica asking for debt relief

AFP and The Tico Times - January 28, 2020

About 200 Costa Rican agricultural producers protested Monday with tractors in front of the headquarters of the Ministry of Agriculture and Livestock to demand greater government support…

Inflation in Costa Rica closed in 2019 at 1.52%, below the official target
Business
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Business
603 views

Inflation in Costa Rica closed in 2019 at 1.52%, below the official target

AFP and The Tico Times - January 8, 2020

Inflation in Costa Rica reached 1.52% in 2019, below the 3% target set by the Central Bank, the official statistical agency said Wednesday. According to the National…

Volaris freezes growth in Costa Rica, citing high operating costs
Business
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Business
822 views

Volaris freezes growth in Costa Rica, citing high operating costs

Alejandro Zúñiga - November 20, 2019

Enrique Javier Beltranena Mejicano, the CEO of Volaris, says the low-cost airline plans to "freeze growth in Costa Rica" in the face of high operating costs in…

Unlimited breadsticks, anyone? Olive Garden restaurants coming to Costa Rica
Business
1577 views
Business
1577 views

Unlimited breadsticks, anyone? Olive Garden restaurants coming to Costa Rica

Alejandro Zúñiga - November 14, 2019

Faux Italian restaurant Olive Garden is coming to Costa Rica. The investment group AR Holdings announced Wednesday in a press release that it will invest $1.3 million…