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What you need to know about tomorrow’s strike in Costa Rica
Politics
9068 views
Politics
9068 views

What you need to know about tomorrow’s strike in Costa Rica

The Tico Times - September 9, 2018

Unions across the country are striking around Costa Rica tomorrow. Here are some things you need to know. Who’s striking? Unions. On Aug. 24, the High School…

Costa Rica and China sign agreement to encourage investment and commerce
China
4807 views
China
4807 views

Costa Rica and China sign agreement to encourage investment and commerce

AFP - September 5, 2018

Costa Rica and China signed a cooperation agreement on Monday regarding the Silk Road Economic Belt, a Beijing initiative that aims to encourage trade and investment. The…

World Bank supports Costa Rican spending cuts
Economy
4229 views
Economy
4229 views

World Bank supports Costa Rican spending cuts

AFP - June 1, 2018

The World Bank expressed support Thursday for the spending cuts proposed by the government of Costa Rica to address the country's fiscal deficit, which has reached 6.2…

Venezuelan company to furlough workers in Costa Rica
Business
3042 views
Business
3042 views

Venezuelan company to furlough workers in Costa Rica

AFP - April 6, 2018

A Venezuelan state-owned aluminum firm has announced it wants to furlough more than 300 workers at its Costa Rica plant because of lack of raw goods to…

Dollar exchange rate down following Central Bank’s intervention announcement
Business
4669 views
Business
4669 views

Dollar exchange rate down following Central Bank’s intervention announcement

L. Arias - May 26, 2017

The Central Bank of Costa Rica (BCCR) will intervene in the foreign exchange market in order to curb the sustained hike in the exchange rate of the…

Dollar exchange rate reaches highest price in seven years
Business
5846 views
Business
5846 views

Dollar exchange rate reaches highest price in seven years

L. Arias - May 19, 2017

The exchange rate of the Costa Rican colón against the dollar reached ₡581.90 (to sell) and ₡569.26 (to buy) on Thursday, the highest since January 2010. The…

Employment outlook among industrial sector shows no improvement
Business
2268 views
Business
2268 views

Employment outlook among industrial sector shows no improvement

L. Arias - April 25, 2017

The employment and production outlook among industrial sector companies does not look very positive for the rest of this year, a survey from the Costa Rican Chamber of…

Dollar exchange rate maintains slight upward trend this year
Business
3270 views
Business
3270 views

Dollar exchange rate maintains slight upward trend this year

L. Arias - April 4, 2017

The exchange rate of the Costa Rican colón against the dollar increased by ₡6 during the first four months of this year, according to official data from the Central…

Consumer optimism remains low in Costa Rica
Business
2458 views
Business
2458 views

Consumer optimism remains low in Costa Rica

L. Arias - March 2, 2017

Consumer confidence in Costa Rica’s economic outlook showed slight improvement over the past quarter but remains low, researchers from the University of Costa Rica (UCR)’s School of Statistics have found. The…

Government tables draft bills aimed at approving fiscal reforms
Business
2478 views
Business
2478 views

Government tables draft bills aimed at approving fiscal reforms

L. Arias - January 28, 2017

President Luis Guillermo Solís will table a series of draft bills at the Legislative Assembly designed to increase government income and curb the country’s fiscal deficit, Casa Presidencial…

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