The plan has a particular focus on working mothers and people with disabilities. The national unemployment rate is 8.5 percent, but the rate is higher among women, reaching 10.8 percent. Some 65 percent of 188,00 unemployed Ticos have a disability.
NEW YORK – Banana giant Chiquita rejected Thursday the takeover bid by Brazil's Cutrale and Safra groups, calling their offer "inadequate" and sticking to its plan to merge with European fruit seller Fyffes.
The magazine on Aug. 5 named the 10 most influential families in Central America, based on the number of businesses in the region and the families’ economic clout.
NEW YORK — Chiquita Brands International, owner of the namesake banana label, received an unsolicited $611 million takeover proposal that envisages the company scrapping its pending merger with Irish competitor Fyffes. Brazilian juice maker Cutrale Group and financial conglomerate Safra Group said Monday in a joint statement they are offering $13 a share for Charlotte, North Carolina-based Chiquita.
Last Friday, President Luis Guillermo Solís and Environment Minister Edgar Gutiérrez signed a decree eliminating a 15 percent sales tax on national park entrance fees. The act reverses a controversial decree that went into effect last week, angering business owners in the tourism sector.
When Mario López Estrada was head of Guatemala's state telecommunications monopoly in the 1980s, making a phone call in the war-ravaged Central American nation was a hopeless endeavor. Almost three decades later, Guatemala ranks No. 1 globally in mobile network coverage, according to a report by the World Economic Forum.
The children of friends he used to visit in Escazú many years ago say he liked to drive backwards down the hill in his Cadillac. He loved to play Sinatra, Rachmaninoff and Chopin on his piano. And he once crash-landed his single-engine Cessna 210 on a farm in Alajuelita. When emergency responders reached him, Richard “Dick” Johnson was quietly sitting on a tree stump, filling out his flight log.
And now, just like that, everyone wants Costa Rica’s jerseys. The World Cup uniform – with the simple one-stripe design – received much criticism for its barebones style. However, the apparel suddenly is a best seller thanks to the Ticos shocking appearance in the quarterfinals of the tournament in Brazil.
Plastic bottle manufacturer Total PET Packaging and its recycling subsidiary New World Recycle have closed operations in Costa Rica, the company confirmed on Tuesday.
