Expectations for companies to hire new workers in the last quarter of this year have dropped in all sectors and are at the lowest level in recent years, the consultant company Manpower reported on its Costa Rica Employment Outlook Survey 4Q released Tuesday.
One revenue stream the administration seems bully on is improving tax collection. During his 100-day speech, President Luis Guillermo Solís noted that tax evasion, estimated at 13.8 percent of GDP, outpaced actual tax collection during 2013, at 13.1 percent of GDP
The Central Bank’s efforts to quell volatility in the Costa Rican currency seem to be working. But analysts note that there are bigger problems on the horizon for businesses.
MEXICO CITY — President Enrique Peña Nieto is poised to announce a new, larger airport for Mexico City that would open in 2018 to end persistent delays at Latin America's busiest hub, people with direct knowledge of the plan said.
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.
“People definitely use their credit cards more when there’s euphoria, but now the fun has passed and it’s time to sit down and figure out what you owe,” Elena Galante, corporate social responsibility manager for BAC Credomatic, told The Tico Times.
The bill sent by Finance Minister Helio Fallas includes nine major reforms that would give officials more tools to monitor and tax financial transactions, including a requirement that all businesses accept credit or debit cards as payment.
Costa Rica's cattle industry meets all health requirements for exporting to Russia, according to Russia's Federal Administration of Veterinary and Phytosanitary Control.
The National Wages Council on Tuesday evening approved with six votes in favor and three against an increase of 2.35 percent for 1.2 million workers in the country’s private sector. The percentage increase will apply to salaries for the next six months.
Economist Lee Badgett says equal treatment for gays and lesbians can benefit economies from Virginia to India. For the past two decades, she's mined data in her quest to prove it.