Consumer optimism remains low in Costa Rica
Business
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Business
143 views

Consumer optimism remains low in Costa Rica

L. Arias - March 2, 2017

Consumer confidence in Costa Rica’s economic outlook showed slight improvement over the past quarter but remains low, researchers from the University of Costa Rica (UCR)’s School of Statistics have found. The…

Airbnb agrees to collect sales tax from hosts in Costa Rica
Business
423 views1
Business
423 views1

Airbnb agrees to collect sales tax from hosts in Costa Rica

L. Arias - January 18, 2017

Representatives of Airbnb, the online marketplace that allows people to list or rent lodging in residential properties, said the company is willing to collect taxes from its…

Regulator approves decrease in electricity rates for next quarter
Business
183 views1
Business
183 views1

Regulator approves decrease in electricity rates for next quarter

L. Arias - December 22, 2016

The sustained decrease in the use of fossil fuels to generate electricity in recent months resulted in lower electricity rates that will apply for the next quarter. The Public…

Dos Pinos acquires candy maker Gallito
Business
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Business
158 views

Dos Pinos acquires candy maker Gallito

L. Arias - October 6, 2016

Costa Rica's dairy cooperative Dos Pinos announced Wednesday that it was acquiring the iconic candy brand Gallito and its factory in Costa Rica, saving it from closure. Gallito candies and chocolates…

Administrative Court bans dry law during holidays
Business
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Business
124 views1

Administrative Court bans dry law during holidays

L. Arias - September 5, 2016

Costa Rican municipalities can no longer ban the sale of alcohol during religious and other holidays except for Holy Thursday and Good Friday, thanks to a recent…

Private sector confidence remains lukewarm
Business
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Business
110 views

Private sector confidence remains lukewarm

L. Arias - July 28, 2016

The confidence of Costa Rica’s business sector remains low, as does its perception of President Luis Guillermo Solís, according the latest survey from the Union of Private-Sector Chambers and…

Majority of companies in Costa Rica are family affairs
Business
208 views
Business
208 views

Majority of companies in Costa Rica are family affairs

L. Arias - July 14, 2016

Nearly 80 percent of private companies in Costa Rica are family businesses, according to a recent survey by the Costa Rican Chamber of Family Businesses (CACEF). Research…

Arcadio’s World
Cartoon
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Cartoon
100 views1

Arcadio’s World

By Arcadio - June 18, 2016

Request to raise fuel prices provokes sharp criticism
Business
91 views4
Business
91 views4

Request to raise fuel prices provokes sharp criticism

L. Arias - June 17, 2016

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…

Vegetables grown near erupting Turrialba called safe to eat
Agriculture
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Agriculture
155 views1

Vegetables grown near erupting Turrialba called safe to eat

L. Arias - May 31, 2016

Consumption of vegetables grown north of Cartago province do not pose any risk to humans despite their exposure to ashes from the Turrialba Volcano, the Costa Rican government says. Ash…