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Costa Rica attracts over $2 billion in foreign direct investment in 2014
Business
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Business
3310 views

Costa Rica attracts over $2 billion in foreign direct investment in 2014

The Tico Times - December 20, 2014

Costa Rica exceeded its annual goal for foreign investment by an estimated $300 million in 2014, but new investments weren’t enough to outpace the loss of jobs from…

Costa Rica president sets date for OECD application
Business
1148 views
Business
1148 views

Costa Rica president sets date for OECD application

The Tico Times - December 8, 2014

President Luis Guillermo Solís said that Costa Rica would present its application to join the Organisation for Economic Co-operation and Development in June 2015, during remarks following…

World leader in wireless industry opens $6 million operation in Costa Rica
Business
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Business
1795 views

World leader in wireless industry opens $6 million operation in Costa Rica

L. Arias - November 11, 2014

Brightstar Corp., the world's largest wireless services distributor, on Monday opened a new shared services center in Costa Rica, from which the company will offer technical support for their operations…

Tech support company Motif closes operations in Costa Rica, laying off 90 workers
Business
2705 views
Business
2705 views

Tech support company Motif closes operations in Costa Rica, laying off 90 workers

L. Arias - November 3, 2014

The U.S.-based company Motif last Friday announced the closure of its customer support call center in Heredia, north of the Costa Rican capital. The news was confirmed in a…

Business
1198 views

Costa Rica’s Solís calls for revival of free trade agreement with Canada

The Tico Times - October 29, 2014

President Luis Guillermo Solís said there was a need to “refresh” Costa Rica’s 12-year-old free trade agreement with Canada during a video press conference Tuesday afternoon. The president…

Costa Rica’s Solís travels to Canada to woo investors as strike continues
Business
1432 views
Business
1432 views

Costa Rica’s Solís travels to Canada to woo investors as strike continues

The Tico Times - October 27, 2014

An ongoing strike in the Caribbean port city of Limón hasn't kept President Luis Guillermo Solís from traveling to Canada Sunday to drum up foreign investment from a…

Orotina hopes to draw more foreign companies to expand the local job market
Business
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Business
1183 views

Orotina hopes to draw more foreign companies to expand the local job market

L. Arias - October 16, 2014

Municipal officials in the Alajuela canton of Orotina have asked the U.S-based Georgia Tech Foundation to conduct a feasibility study to determine whether conditions exist for the central Pacific community…

Citigroup announcement sparks hectic week for Costa Rica’s banking sector
Business
1300 views
Business
1300 views

Citigroup announcement sparks hectic week for Costa Rica’s banking sector

L. Arias - October 15, 2014

Citigroup's announcement on Tuesday that its retail banking business would be leaving Costa Rica prompted a chain reaction of speculation and drama. On Tuesday morning, the financial group issued a…

Costa Rica’s Solís hits the road again, this time to Canada
Business
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Business
954 views

Costa Rica’s Solís hits the road again, this time to Canada

The Tico Times - October 9, 2014

President Luis Guillermo Solís might have to add traveling-salesman-in-chief to his credentials. The Costa Rican leader announced Wednesday that he would travel to Canada to participate in the Toronto…

US medical devices manufacturer to open plant in Costa Rica
Business
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Business
2672 views

US medical devices manufacturer to open plant in Costa Rica

L. Arias - August 29, 2014

The Costa Rican Investment Promotion Agency (CINDE) confirmed that medical device manufacturer Theragenics Corporation has leased a manufacturing facility that will launch operations later this year in the province…

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