The National Oil Refinery (RECOPE) last Friday filed a petition to raise fuel prices that, if approved, would be the fourth increase this year. The announcement came the same…
Private-sector workers making minimum wage will receive a 0.5 percent hike starting July 1. The National Wages Council, which includes representatives from the government, employers chambers and labor unions,…
Costa Rica firms have a better outlook on their near future than they did last year, according to a new business survey, the second to be released this week.…
If you're a client of Costa Rica's National Power and Light Company (CNFL), prepare for a potentially big jump in your electricity bill next year. The Public…
President Luis Guillermo Solís has been pummeled by opponents over his handling of the economy since he took office last year, but he tried to parry those…
The Costa Rican government moved this week to reform the country's tax laws in an effort to attack the growing fiscal deficit, which has begun to raise…
Business leaders on Monday filed two salary increase proposals for private-sector employees for the second half of this year. Employers submitted to the Labor Ministry’s National Wages Council a…
Costa Rican entrepreneurs expect hiring to stagnate while the number of private-sector companies considering staff cuts has increased in recent months. Two separate studies presented Thursday by…
The Public Services Regulatory Authority (ARESEP) asked the Costa Rican Electricity Institute (ICE) to outline a plan to sell its electricity surplus to Central America’s Regional Electricity Market…
Costa Rican company Transportes Internationales GASH dismissed 65 workers in early March “due to a recent drop in cargo volumes,” general manager Luis Guillermo Solís Fernández announced in a…
