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Venezuelan company to furlough workers in Costa Rica
Business
2779 views
Business
2779 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
4208 views1
Business
4208 views1

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
5312 views
Business
5312 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
1986 views
Business
1986 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
2895 views
Business
2895 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
2073 views
Business
2073 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
2186 views2
Business
2186 views2

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…

Costa Rica ranks fifth in gender gap in Latin America
Business
4398 views
Business
4398 views

Costa Rica ranks fifth in gender gap in Latin America

L. Arias - November 1, 2016

The gender gap in Costa Rica persists, but the country moved up six positions in the World Economic Forum’s Global
 Gender Gap Report 2016, disclosed here last week…

Costa Rican colón dips against US dollar
Costa Rica
4427 views2
Costa Rica
4427 views2

Costa Rican colón dips against US dollar

Zach Dyer - July 20, 2016

The Costa Rican currency, the colón, has been on a slow slide against the U.S. dollar during the last several months, but analysts say it’s unlikely to…

President Solís takes credit for healthy economy; Business leaders push back
Business
1908 views1
Business
1908 views1

President Solís takes credit for healthy economy; Business leaders push back

Zach Dyer - May 3, 2016

With two years to go, President Luis Guillermo Solís defended his accomplishments to an uncooperative legislature and the Costa Rican public in his second State of the…

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