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COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

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Costa Rica's business climate

A whopper of a decision: Burger King closes its operations in Costa Rica

Burger King Corporation U.S. ordered the immediate closure of all 29 restaurants in Costa Rica as of today, Oct. 5. The closures mean 434 employees will lose their jobs, the owner of the local franchise BK Costa Rica said in a news release. The decision reportedly stems from a dispute between BK US and BK Costa Rica.

Costa Rica’s restaurant franchise sector plans new openings, more jobs

Costa Rica's restaurant sector – and specifically its fast-food sector – is showing improvement in the number of openings in the second half of this year, a trend Costa Rican Restaurants Chamber President Jorge Figueroa said is good news for job growth.

Two U.S. companies seek 470 employees in Costa Rica

Two U.S. technology companies will expand their operations here and will be looking for staff for their finance, software developing, software quality and other information technology departments.

Flower export company relocates to Guatemala

The company blames the country's excessive red tape. It plans to dismiss all 400 employees here.

El Gallito stores close after 106 years in business; more than 200 employees dismissed

The iconic Costa Rican store Almacén El Gallito, which in recent years sold mostly party supplies and furniture, last Friday closed its seven locations in Costa Rica citing financial problems.

Costa Rica’s president gets poor marks from business sector

Six out of 10 private employers in Costa Rica said they disapproved of President Luis Guillermo Solís at the end of his first year in office, according to a recent poll. Still, the survey results suggest moderate optimism among the business community about the country's near-term economic future.

Nearly half of Costa Rican employers say it’s hard to find adequate staff

A majority of employers surveyed in a recent study said most recent graduates here are ineligible to be hired because they lack technical skills and experience.

And Costa Rica’s top selling brands are…

Local Dos Pinos dairy products were Costa Rican consumers' top choice last year, according to the annual Brand Footprint report released this week by consulting firm Kantar Worldpanel.

New Hilton hotel opens west of downtown San José; group also will renovate Grand Hotel Costa Rica

Business group Desarrolladora Parque La Sabana S.A. officially inaugurated a new hotel from the Hilton Garden Inn franchise and announced they will renovate the capital's historical icon Gran Hotel Costa Rica.

Juan Valdez inaugurates its first Costa Rica store

Colombian coffee giant Juan Valdez officially inaugurated the first of five stores it plans to open in Costa Rica this year, representing a total investment of $2 million.

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