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President Solís announces goal to create 217,000 jobs during his term

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.

Banana giant Chiquita rejects Brazilian takeover bid

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.

2 Costa Rican business groups among Central America’s most influential, says Forbes México

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.

Chiquita gets takeover proposal that would kill Fyffes deal

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.

Solís blocks added sales tax on national park entrance fees, a decree passed days before he took office

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.

López, Guatemala’s 1st billionaire, beating Slim with Tigo Mobile

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.

Pilot, pianist, entrepreneur expat Richard Johnson dies at 91

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.

US company to hire 200 bilingual employees for Costa Rica operations

Florida-based The Results Companies is recruiting bilingual staff to fill 200 jobs at its call center in the province of Heredia.

Costa Rica uniforms are international best-sellers thanks to World Cup run

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.

Two more companies close operations in Costa Rica, lay off 110 employees

Plastic bottle manufacturer Total PET Packaging and its recycling subsidiary New World Recycle have closed operations in Costa Rica, the company confirmed on Tuesday.

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