Other countries are outpacing Costa Rica when it comes to improving the ease of doing business, according to a press release from the World Bank. The World Bank's 2015 Doing Business report ranked Costa Rica 83rd out of 189 economies in the world for ease of doing business – down five spots from 2014 due in part to an adjustment of the annual study’s methodology.
In ongoing efforts to develop new products and services for readers both in Costa Rica and abroad, The Tico Times announced this week a strategic alliance with the Costa Rican Chamber of Realtors. Next week, The Tico Times will launch a new real estate section on its website.
Starting a business in Costa Rica probably requires establishing a company, just like anywhere else. This isn’t an especially onerous process, but you should understand some of the basic concepts of how the legal system works before you embark on your new venture.
Municipal officials in the Alajuela canton of Orotina have asked the U.S-based Georgia Tech Foundation to conduct a feasibility study to determine whether conditions exist for the central Pacific community to begin hosting large foreign companies looking to relocate to Costa Rica.
The program will offer training and educational assistance to improve the competitiveness of small and medium-sized businesses, but the news came on the heels of a Hanes Brand Clothing subsidiary closing its operations in Cartago, and laying off 1,250 workers because of more favorable conditions in Vietnam.
Costa Rica has enjoyed a steady rise in the index during the last several years, jumping three spots this year, up from 54. The country scored especially well on metrics for health and education, technology readiness, and innovation potential.
The Central Bank’s efforts to quell volatility in the Costa Rican currency seem to be working. But analysts note that there are bigger problems on the horizon for businesses.
MEXICO CITY — President Enrique Peña Nieto is poised to announce a new, larger airport for Mexico City that would open in 2018 to end persistent delays at Latin America's busiest hub, people with direct knowledge of the plan said.
Costa Rica is well-positioned to start attracting more high-tech jobs and improve its workforce, according to one keynote speaker at the Competitiveness Summit, held Wednesday at Escazú’s Hotel Real InterContinental and co-sponsored by the Costa Rican-American Chamber of Commerce (AMCHAM) and global consulting firm Deloitte.
Leaders of the National Tourism Chamber sent President Luis Guillermo Solís a letter asking him to block a Finance Ministry decree ordering tourism businesses to collect sales tax on several tourism activities that were previously exempt.
