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Shrimping boat sinks in Guanacaste, spilling diesel on Costa Rica’s Pacific coast

A large amount of diesel oil spilled into Costa Rican waters off the coast of Brasilito earlier this week when a shrimping vessel sank.

Costa Rica cancels $1.2 billion Chinese refinery project

RECOPE President Sara Salazar told reporters that the Chinese-Costa Rican joint-venture cost the Costa Rican government ₡33 billion — more than $61 million — with nothing to show for the effort.

Biofuels would be produced at Chinese refinery in Limón, says Costa Rica oil chief

News of the agreement came as Costa Rican and Chinese officials reached consensus Friday on how to move forward with the $1.5 billion project after the Comptroller General’s Office canceled the previous project over a conflict of interest in 2013.
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Costa Rica Removes Don Pepe Figueres Monument After Protest Vandalism

Costa Rica’s Ministry of Culture and Youth removed the bronze monument to former President José Figueres Ferrer from San José’s Plaza de la Democracia...

A Proposed 15% Tax Would Reach Costa Rica Residents’ Foreign Dividends and Interest

Costa Rica residents who earn interest, dividends, rent or capital gains outside the country would pay a 15% tax on that income under a...

Local Elections Drove Costa Rica’s CPTPP Reversal, Sources Say

Concerns about the 2028 municipal elections helped drive Costa Rica's decision to abandon its bid to join the Comprehensive and Progressive Agreement for Trans-Pacific...

Your $1,000 Now Buys 46,810 Fewer Colones Than in January

The US dollar slipped again in Costa Rica this week, leaving anyone who earns in dollars and spends in colones with noticeably less buying...