Costa Rica imported just 631 used vehicles in September, down 85% from a year earlier, as new customs valuation rules took hold. The average declared value doubled to $8,227 and tax per vehicle rose 71%.
More than 6,000 Europeans paid about 200 million Swiss francs for teak trees on 60 Costa Rica plantations. The seller is bankrupt and Swiss prosecutors are investigating.
The Panamanian company that holds the regional Toys "R" Us rights puts a Costa Rica store at about $300,000 and is weighing whether to franchise or run stores itself.
Costa Rica's licensed taxi fleet has fallen to roughly half its original size, according to taxi industry representatives, who say about 6,800 drivers remain...
Work began on a $13.4 million upgrade of the Quepos airport near Manuel Antonio, adding room for nine small aircraft now and a new passenger terminal by 2028.
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