Costa Rica's exports of goods last year totaled $11.2 billion, representing a 2.4 percent decrease compared to the $11.5 billion registered in 2013, the Foreign Trade Promotion Office reported.
Costa Rica exceeded its annual goal for foreign investment by an estimated $300 million in 2014, but new investments weren’t enough to outpace the loss of jobs from companies like Intel and Bank of America that exited the country this year.
The meeting included top potential investors in advanced manufacturing, the food industry, corporate services and life sciences who were presented with investment projects in areas outside of Costa Rica’s Central Valley.
Brightstar Corp., the world's largest wireless services distributor, on Monday opened a new shared services center in Costa Rica, from which the company will offer technical support for their operations in several countries.
The president has a difficult backdrop to the pro-business narrative he planed to tell on this trip as the longshoremen strike enters its sixth day and seven former public officials go on trial for corruption in a canceled gold mining concession to a Canadian company Monday.
The Costa Rican Investment Promotion Agency confirmed that medical device manufacturer Theragenics Corporation has leased a manufacturing facility that will launch operations later this year in the province of Alajuela.
The Costa Rican Investment Promotion Agency (CINDE) on Tuesday announced South Korean company SAE-A Spinning will open a cotton yarn manufacturing plant in the province of Cartago with an investment of $50 million.
Luis Guillermo Solís kicked off his first trip to the United States as president of Costa Rica Monday by meeting with leaders of Silicon Valley in Palo Alto, California, and announcing one company’s intention to hire hundreds more Ticos.
President Luis Guillermo Solís said he would meet with leaders from Intel in Palo Alto, California, during his first trip to the United States since taking office in May. The trip starts June 9.
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.
