Canadian company Gildan Activewear confirmed Friday morning in Montreal, Canada, that their next major investment will be the construction of a textile manufacturing plant in Costa Rica's northwestern province of Guanacaste.
The Costa Rican-American Chamber of Commerce (AMCHAM) has a new president; although as one of the original founders of the business chamber, Humberto Pacheco isn’t really new. In fact, he’s been around for quite a while, and many feel he’s well qualified to lead the chamber in the 21st century.
The current living conditions many Venezuelans face – inflation at 56 percent, shortages of flour and milk in stores and one of the worst murder rates in the world, among others – have brought new protests and violence to the streets of Caracas. In Costa Rica, Venezuela’s woes take on a different significance.
Five years after the passage of the controversial free trade agreement, a World Bank report says that Costa Rica benefits more from CAFTA than any of its Central American neighbors.
