Costa Rica enforces new methodology for calculating dollar exchange rate
Business
91 views1
Business
91 views1

Costa Rica enforces new methodology for calculating dollar exchange rate

L. Arias - July 6, 2017

The Central Bank of Costa Rica (BCCR) has enforced a new methodology to calculate the reference exchange rate of the US dollar, and it has already showed…

Hundreds of medical procedures, surgeries postponed by public workers’ strike
Business
59 views
Business
59 views

Hundreds of medical procedures, surgeries postponed by public workers’ strike

L. Arias - June 30, 2017

A total of 1,490 employees of the Social Security System, or Caja, joined the strike called for public workers’ unions on Thursday and affected more than a…

Demonstration, arts festival to complicate vehicle traffic in San José on Thursday
Arts and Culture
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Arts and Culture
58 views

Demonstration, arts festival to complicate vehicle traffic in San José on Thursday

L. Arias - June 28, 2017

People needing to go to San José on Thursday should take a very careful look at their route. A public workers' demonstration will take over downtown streets…

Costa Rica’s regulatory agency will not block Uber
Business
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Business
57 views2

Costa Rica’s regulatory agency will not block Uber

L. Arias - June 14, 2017

The ride-hailing app Uber will continue operating in Costa Rica, as both the Public Services Regulatory Authority (ARESEP) and the Public Transportation Council (CTP) have ruled out blocking…

Ombudsman’s Office opposes hikes in electricity rates for CNFL
Business
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Business
32 views3

Ombudsman’s Office opposes hikes in electricity rates for CNFL

L. Arias - June 13, 2017

Officials from the Ombudsman's Office attended a public hearing at the Public Services Regulatory Authority (ARESEP) to voice their rejection of two hikes in electricity rates requested by…

Renovation of Hotel Costa Rica sparks criticism
Business
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Business
163 views

Renovation of Hotel Costa Rica sparks criticism

L. Arias - June 8, 2017

The ongoing renovation of the Gran Hotel Costa Rica, one of the most iconic buildings in downtown San José, has elicite outrage from citizens, architects, and others…

Tourism entrepreneurs oppose license, royalty payments to canopy patent holder
Business
180 views3
Business
180 views3

Tourism entrepreneurs oppose license, royalty payments to canopy patent holder

L. Arias - June 5, 2017

A new chapter has begun in a long-running Costa Rican tourism business controversy: The Civil Chamber of the Supreme Court, or Sala I, has ruled that the…

Caja moves forward with raise in social security rate, but in two phases
Business
32 views
Business
32 views

Caja moves forward with raise in social security rate, but in two phases

L. Arias - June 2, 2017

The Board of Directors of Costa Rica's Social Security System, or Caja, voted in favor of enforcing a 1 percent raise in the monthly salary deduction of all workers. The measure aims…

Costa Rica’s new international airport expected to open in 2027
Business
100 views2
Business
100 views2

Costa Rica’s new international airport expected to open in 2027

L. Arias - June 1, 2017

Public Works and Transport (MOPT) Minister Carlos Villalta announced Wednesday that the construction of Costa Rica’s new Metropolitan International Airport will begin next year and that a…

Travel Alert: Route 32 to Limón to close for two days this week
Business
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Business
50 views

Travel Alert: Route 32 to Limón to close for two days this week

L. Arias - May 31, 2017

Route 32, the main road connecting the capital, San José, with the Caribbean province of Limón, will close for six hours both on Thursday and Friday. The Public…