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COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

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Costa Rica's business climate

Pessimism growing among Costa Rica’s business sector, studies find

Costa Rican entrepreneurs expect hiring to stagnate while the number of private-sector companies considering staff cuts has increased in recent months, two recent studies find.

Social Security System wants tourism businesses to settle $6.8 million debt

Costa Rica's public health care agency hopes to recover some of that debt by signing an agreement with the National Tourism Chamber (CANATUR) to promote payment plans among its associates.

Cargill announces $100 million expansion in Costa Rica

Investment plans include the construction of a new production plant, a grain warehouse and a shared-services center.

Local cargo company dismisses 65 employees

The Costa Rican company has been in the cargo transport market for over 60 years and owns a fleet of 300 semi trailers.

Bacardí opens regional service center in Costa Rica

The service center, located in Escazú, opened with 135 employees. The company estimates staff could increase up to 200 by December.

Franchise owner of Burger King in Costa Rica closes four restaurants

BK Centroamérica said that despite the closures the company is looking for better locations to open new restaurants and would meet all of its labor responsibilities to employees under Costa Rican law.

Industry leaders say Costa Rica’s poor business climate drove out iconic snack food company

The company plans to move 50 percent its operation to the U.S., El Salvador and Nicaragua over the next five years.

Costa Rica’s capital is the second best city in the region for doing business, World Bank says

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.

Orotina hopes to draw more foreign companies to expand the local job market

Municipal officials in the Alajuela canton of Orotina have asked the U.S-based Georgia Tech Foundation to conduct a feasibility study to determine whether conditions exist for the central Pacific community to begin hosting large foreign companies looking to relocate to Costa Rica.

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.

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