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COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

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Foreign investment

How the Clintons went from ‘dead broke’ to rich

Over seven frenetic days, Bill Clinton addressed corporate executives in Switzerland and Denmark, an investors' group in Sweden and a cluster of business and political leaders in Austria. The former president wrapped up his European trip in the triumphant Spanish Hall at Prague Castle, where he shared his thoughts on energy to a Czech business summit. His pay: $1.4 million.

Tourism sector extends ad buy during World Cup quarterfinals

La Sele's historic qualification for the quarterfinals round of the 2014 World Cup in Brazil prompted the Costa Rican Tourism Board (ICT) to extend the airing of a TV ad campaign currently promoting the country as an ideal destination for tourism, trade and investment.

Another US company closes operations in Costa Rica; 550 workers to lose jobs

StarTek, a U.S. provider of business outsourcing services, will close its call center in Costa Rica on Aug. 30, according to MarketWatch, part of The Wall Street Digital Network. The closure would mean the dismissal of the company’s 550 employees at their America Free Zone facilities in the province of Heredia, who managed customer relations and technical support calls, primarily for U.S. telecom companies.

Former US President Bill Clinton to visit Costa Rica

Former U.S. President William J. Clinton (1993-2001) will visit Costa Rica next Tuesday, July 1, as part of the inauguration of a new medical research and teaching facility at the Universidad Latina in San Pedro, east of San José.

Procter & Gamble to hire 300 employees for new Costa Rica operations

U.S. company Procter & Gamble (P&G) on Wednesday evening opened in Costa Rica a new supply-chain planning center for its entire operation in Latin America, which will employ 500 workers when it reaches full capacity in June 2015.

UK minister of state makes first visit to Costa Rica

British Minister of State for Latin America, Hugo Swire, characterized relations as positive between the two nations and said that the United Kingdom hopes to cooperate with Costa Rica in areas like education and renewable energy.

South Korean company confirms opening of yarn spinning plant in Costa Rica

The Costa Rican Investment Promotion Agency (CINDE) on Tuesday announced South Korean company SAE-A Spinning will open a cotton yarn manufacturing plant in the province of Cartago with an investment of $50 million.

Intel to open new ‘mega-lab’ and hire 350 more Ticos

The new so-called “mega lab,” part of the company’s research and development arm, will carry out quality control testing on Intel products in development before they move on to manufacturing.

Costa Rica to cash in on 2014 World Cup with TV, print publicity around the world

Costa Rica's abundant tourist attractions and business opportunities will be on full display during the FIFA World Cup Brazil 2014 in the U.K., U.S., Germany and Spain.

Two more companies close operations in Costa Rica, lay off 110 employees

Plastic bottle manufacturer Total PET Packaging and its recycling subsidiary New World Recycle have closed operations in Costa Rica, the company confirmed on Tuesday.

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