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San José business group including former fugitive Luis Milanés closes 103-year-old hotel and 2 casinos

Owners of the Europa Hotel & Casino and Hotel Radisson’s Casino, located in San José, announced they would close the businesses and lay off 250 staff members due to high operating costs, the group's attorney, Hugo Navas, said.

President-elect Solís announces upcoming US trip to court investors

President-elect Luis Guillermo Solís pledged on Tuesday to maintain and improve the business climate in Costa Rica to help draw more foreign investment to the country.

Bank of America, Intel announce thousands of layoffs in Costa Rica

Costa Rica’s high-tech and service industries took a hard hit on Tuesday as microchip manufacturer Intel and Bank of America announced roughly 3,000 layoffs between both companies.

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