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COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

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Costa Rica’s food industry joins growing chorus of private-sector complaints

Leaders of Costa Rica’s food industry on Tuesday reported that their production has increased by only 1.79 percent this year, a low figure that has prevented the sector from growing or creating new jobs. It also increases uncertainty for next year, they said.

Pessimism prevails in Costa Rica’s business sector for 2015

The optimism that followed the inauguration of President Luis Guillermo Solís last May has since dissipated among the country’s business sector, according to the latest study by consulting firm Deloitte, released Monday.

Costa Rica president sets date for OECD application

President Luis Guillermo Solís said that Costa Rica would present its application to join the Organisation for Economic Co-operation and Development in June 2015, during remarks following a meeting with the organization’s president in Mexico on Sunday.

Costa Rica to build its first industrial park for small- and medium-sized businesses

The Millennium Industrial Complex will house approximately 40 small- and medium-sized enterprises that have “export potential,” Costa Rican Chamber of Industries President Enrique Egloff said.

In Nicaragua, tarantulas are latest cash crop

MANAGUA, Nicaragua – His corn and bean fields ravaged by drought, Nicaraguan farmer Leonel Sánchez Hernández grudgingly found a new harvest: tarantulas. He gets a little over a dollar for each of the hairy critters, which breeders sell overseas as pets.

Energy prices and politics weigh down business confidence, Costa Rica private-sector survey notes

The halls were decked with lights and wreaths at the offices of the Union of Private-Sector Chambers and Associations but there was little holiday cheer in the group’s latest business survey. Over 60 percent of businesses surveyed in the report said that they did not plan to hire any new employees in 2015, according to results released Wednesday.

Driving in Costa Rica: The rules of the road

As a tourist in Costa Rica, if you have a valid driver’s license, you are legal to drive here during your stay. Nonetheless, this is contingent upon your immigration status. Your ability to use a foreign license only applies within the time period you have been allowed to stay.

Chilean entrepreneurs looking for business partners in Costa Rica

A group of small and medium Chilean companies, mostly providers of health and cosmetics products and services, this week are visiting the country to seek business opportunities.

Costa Rican President Luis Guillermo Solís promises to cut extreme poverty by 45 percent by 2018

Six months after taking office President Luis Guillermo Solís outlined – in a 560-page document – a roadmap for his administration that includes a promise to reduce Costa Rica’s extreme poverty rate by 45 percent by 2018, the year he leaves Casa Presidencial.

Costa Rica’s capital is the second best city in the region for doing business, World Bank says

San José ranks second among 22 cities from Central America and the Dominican Republic for doing business, according to the World Bank report “Doing Business 2015,” presented Monday.

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