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Costa Rica foreign investment

Procter & Gamble to hire 300 employees for new Costa Rica operations

U.S. company Procter & Gamble (P&G) on Wednesday evening opened in Costa Rica a new supply-chain planning center for its entire operation in Latin America, which will employ 500 workers when it reaches full capacity in June 2015.

UK minister of state makes first visit to Costa Rica

British Minister of State for Latin America, Hugo Swire, characterized relations as positive between the two nations and said that the United Kingdom hopes to cooperate with Costa Rica in areas like education and renewable energy.

South Korean company confirms opening of yarn spinning plant in Costa Rica

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.

Intel to open new ‘mega-lab’ and hire 350 more Ticos

The new so-called “mega lab,” part of the company’s research and development arm, will carry out quality control testing on Intel products in development before they move on to manufacturing.

President Solís claims quick victory in first US tour

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.

Costa Rica to cash in on 2014 World Cup with TV, print publicity around the world

Costa Rica's abundant tourist attractions and business opportunities will be on full display during the FIFA World Cup Brazil 2014 in the U.K., U.S., Germany and Spain.

Canadian textile company to open new plant in Costa Rica

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.

Industrial sector foresees low job growth this year, citing high costs for electricity, raw materials

Increasing costs of electricity and raw materials lowered hiring expectations for this year in Costa Rica's industrial sector as employers expect a slowdown in new job creation, a study released Tuesday by the Chamber of Industries of Costa Rica showed.

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