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Costa Rica passes law to implement telecommuting
Costa Rica
798 views
Costa Rica
798 views

Costa Rica passes law to implement telecommuting

Alejandro Zúñiga - September 19, 2019

In the words of Fifth Harmony, Costa Ricans can now work from home. Wednesday, President Carlos Alvarado signed the Law to Regulate Teleworking in Costa Rica, which…

Costa Rica reduces fiscal deficit more than anticipated
Economy
4493 views
Economy
4493 views

Costa Rica reduces fiscal deficit more than anticipated

AFP and The Tico Times - January 22, 2019

Costa Rica closed 2018 with a fiscal deficit of 6 percent of its GDP, below the 7.2 percent that had been projected by the Central Bank, President…

What you need to know about tomorrow’s strike in Costa Rica
Politics
9314 views
Politics
9314 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
5280 views
China
5280 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
4345 views
Economy
4345 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
3142 views
Business
3142 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
4899 views
Business
4899 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
6101 views
Business
6101 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
2377 views
Business
2377 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
3399 views
Business
3399 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…

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