The bill proposes a series of tax incentives for promoting the purchase of new electric cars and plug-in hybrids, including the elimination of the sales, selective consumption and customs taxes.
Prices of premium and regular unleaded gasoline will drop by ₡24 and ₡22 per liter respectively this week, thanks to a new fuel price setting approved by the Public Services Regulatory Authority (ARESEP).
The Public Services Regulatory Authority (ARESEP) found a total of 22 gas stations across the country that were expending less fuel than what consumers paid for.
Business chambers, citizens and lawmakers asked the Supreme Court to overturn a ruling allowing RECOPE to include costs of non-salary perks in fuel prices.
Costa Rica's executive branch is criticizing changes to the method used for setting fuel prices as proposed by the Public Services Regulatory Authority (ARESEP), arguing the move would increase prices of other products, particularly cooking gas.
The Costa Rican Oil Refinery (RECOPE) finally had some good news for motorists as its most recent projections show fuel prices next year will remain similar to those registered this month.
Despite a spike in international fuel prices in the past two weeks, prices of gas and diesel in Costa Rica will remain stable for the rest of the year, the Public Services Regulatory Authority (ARESEP) confirmed this week.
Costa Rica's Public Services Regulatory Authority (ARESEP) will now take into account the actual amount paid for oil by the Costa Rican Oil Refinery (RECOPE) when calculating the price of fuel at the pump, rather than relying on reference prices for international oil.
The Public Services Regulatory Authority (ARESEP) approved a ₡15 hike in regular per-kilometer taxi fares and a ₡2 to ₡3 increase in per-liter fuel prices.
Costa Rica's Finance Ministry has increased the selective consumption tax applied to electric vehicles, a change Finance Minister Rodrigo Chaves announced Wednesday evening and...
