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COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

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Costa Rica

Costa Rica to Sell Two State Banks to Cover Public Debt

AFP -
Costa Rican President Rodrigo Chaves announced on Tuesday that his government plans to sell state-owned banks BICSA and BCR for the equivalent of almost...
Business

Costa Rica Money Laundering Investigation Results in 35 Raids

The Tico Times -
The Organization of Judicial Investigations (OIJ) launched 35 simultaneous raids early this morning as a part of a case of an alleged large scale...
Banking

New Costa Rica Law Guarantees Bank Loans for Companies Affected by Pandemic

The Tico Times -
The President of Costa Rica signed, this Wednesday, the "Law for the creation of the National Guarantee Fund for the support of companies affected...
Business

Costa Rica proposes reducing salaries of Central American Bank directors

The Tico Times -
CABEI, based in Honduras, has as regional partners Belize, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, Panama and the Dominican Republic.
Costa Rica

Several institutions suspend operations due to Orange Alert

The Tico Times -
Several Costa Rican institutions have reduced or suspended operations this week due to the Orange Alert that comprises the Greater Metropolitan Area (among other cantons).
Business

BCR confirms financial information has leaked after cybercrime group claims to publish private data [updated]

The Tico Times -
Banco de Costa Rica said it has not found evidence that sensitive information has been compromised.
Real estate

How to Safely Transfer Funds When Buying Property in Costa Rica

The Tico Times -
“Your funds haven’t arrived yet, sir. Please try again tomorrow,” said the bank manager to my client. The next day, we went in person...

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