Unemployment in Costa Rica reached 10.1 percent in the first quarter of this year, a slight increase over the same period last year, the National Statistics and Census Institute (INEC) reported Tuesday.
Three U.S. companies said they would expand their operations in Costa Rica in the coming months. They plan to hire a total of 450 people, mostly bilingual professionals.
During a ceremony to inaugurate Costa Rica's 2015 school year, Solís said the first leg of his tour will include a stop in Paris on March 16, where he will promote Costa Rica’s candidacy for a full member spot in the Organisation for Economic Co-operation and Development (OECD).
President Luis Guillermo Solís and Muhtar Kent, CEO of U.S. soft-drink giant Coca-Cola, met at Casa Presidencial Wednesday morning to discuss the company’s expansion here and an initiative to incorporate more diverse producers into the company’s supply chain.
Costa Rica could find itself once again as a center of high-tech manufacturing, including cars and renewable energy equipment, after President Luis Guillermo Solís and Chinese President Xi Jinping signed a strategic partnership agreement that included future discussion of "special economic zones" in Costa Rica for Chinese enterprises, according to a statement from Casa Presidencial.
According to Costa Rica's former trade minister, Alberto Trejos, Cuba, whose halting reforms have failed to energize the island’s stagnant, centralized economy, may have a thing or two to learn from Costa Rica – which over the last 30 years has made strides in slashing poverty, promoting trade and luring foreign direct investment.
San José ranks second among 22 cities from Central America and the Dominican Republic for doing business, according to the World Bank report “Doing Business 2015,” presented Monday.
The Costa Rican Tourism Board on Thursday confirmed approval of the first applications for the use by tourism businesses of the country's brand, "Essential Costa Rica," in advertising, corporate communications and promotional events.
La Sele's historic qualification for the quarterfinals round of the 2014 World Cup in Brazil prompted the Costa Rican Tourism Board (ICT) to extend the airing of a TV ad campaign currently promoting the country as an ideal destination for tourism, trade and investment.
