Microprocessor manufacturer Intel announced Monday the opening of its Client Computing Group in Costa Rica, a new business unit dedicated to developing tablets and PCs.
Tico coffee, a specific candy or a cookie brand: These are some of the Costa Rican products that Ticos living abroad frequently request from relatives or friends. So the Foreign Trade Promotion Office is using that loyalty to promote the opening of new export markets for local products.
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.
Exports to China grew by an annual average of 7.6 percent between 2004 to 2014. Last year exports reached a total of $338.3 million, according to Costa Rica's Foreign Trade Ministry.
Intel's exit from Costa Rica last year continues to be the main factor causing negative growth of export products. Exports of services, however, grew for the fourth consecutive year.
Promotion strategies in recent months are attracting Chilean buyers of healthy, zero-calorie, gluten-free, organic and environmentally friendly Tico products, according to Costa Rica’s Foreign Trade Promotion Office (PROCOMER).