Industrial entrepreneurs consider the country's high electricity tariffs as the main factor affecting their companies’ competitiveness, as well as costs of social security, high fuel prices, bad road infrastructure, unfair competition from informal businesses, and high taxes.
Burger King is back in Costa Rica just eight months after the former franchisee closed its operations due to accumulated debt and other financial woes.
Despite having an Internet coverage of some 88 percent of the country, only 12 percent of consumers in Costa Rica shop online, a study on e-commerce released by consultant company Kantar Worldpanel showed.
Morenitos, Violetas, Milanes, Guayabitas, Tapitas and other Gallito brand candies will no longer be made here. The century-old Gallito started as a small store in downtown San José.
Wariness about the country’s employment and economic situation caused a slight decline in confidence among business sector leaders during the first quarter of this year, according to a recent survey.
Costa Rica's capital leads the region in four of the 12 categories of “The World's Most Competitive Cities 2015” ranking that analyzes the most attractive cities for investment worldwide.
World Fuel Services (WFS), a company in the marketing and financing of fuel products sector, will expand its operations in Costa Rica next year, and it is currently recruiting 70 people, the Foreign Trade Ministry reported.
Casual Tex-Mex restaurant Chili's Grill & Bar on Monday opened a new location at Mall Paseo de las Flores in Heredia province, the chain's fourth in the country and the first outside the capital, San José.
One of 2026's largest arribadas began Friday at Ostional in Guanacaste, as thousands of olive ridley turtles came ashore to nest. Counts are still pending.
The International Monetary Fund (IMF) announced that it had reached an agreement with El Salvador that could unlock a $140 million loan disbursement, after...