Lawmakers look to reinstate corporate tax law
Business
194 views4
Business
194 views4

Lawmakers look to reinstate corporate tax law

L. Arias - April 21, 2016

The Legislative Committee on Financial Affairs on Wednesday approved the latest version of a bill to reinstate the country’s corporate tax law, which was ruled unconstitutional last year…

Fitch maintains Costa Rica’s junk bond rating
Business
111 views1
Business
111 views1

Fitch maintains Costa Rica’s junk bond rating

Zach Dyer - January 21, 2016

It’s déjà vu all over again for Costa Rica’s investment rating. Fitch Ratings announced that the company was holding steady on its junk bond rating for Costa Rica, according…

Costa Rica’s upbeat economic projections may not be enough to lower unemployment rate
Business
167 views4
Business
167 views4

Costa Rica’s upbeat economic projections may not be enough to lower unemployment rate

Zach Dyer - January 12, 2016

The Costa Rican Central Bank (BCCR) and Casa Presidencial both released upbeat economic forecasts for the coming years with predictions of continued low inflation, exchange rate stability…

China’s slowdown, financial mayhem cast long shadow across world
Business
88 views1
Business
88 views1

China’s slowdown, financial mayhem cast long shadow across world

Ana Swanson and Kevin Sieff |The Washington Post - January 12, 2016

China's economic slowdown and financial mayhem are fostering a cycle of decline and panic across much of the world, as countries on nearly every continent see escalating…

Costa Rica registers negative inflation in 2015
Economy
181 views
Economy
181 views

Costa Rica registers negative inflation in 2015

AFP - January 8, 2016

Costa Rica ended 2015 with a negative inflation rate, thanks in large part to lower fuel and electricity costs, according to figures released by the National Statistics and…

Latin America to stagnate on Venezuela, Brazil, World Bank says
Business
95 views
Business
95 views

Latin America to stagnate on Venezuela, Brazil, World Bank says

David Biller | Bloomberg - January 6, 2016

RIO DE JANEIRO - Latin America's economy will stagnate in 2016 as commodity-dependent countries such as Brazil and Venezuela drag down the entire region, offsetting a positive…

Experts: US Fed rate hike will affect most dollar loans in Costa Rica
Business
98 views
Business
98 views

Experts: US Fed rate hike will affect most dollar loans in Costa Rica

L. Arias - December 17, 2015

The U.S. Federal Reserve announcement Wednesday of its first interest rate increase in more than nine years is expected to affect about 87 percent of variable interest rates that Costa…

This will be the biggest question when the Fed starts raising rates
Business
81 views
Business
81 views

This will be the biggest question when the Fed starts raising rates

Matt O'Brien | The Washington Post - December 16, 2015

Whenever the Federal Reserve does start raising interest rates – whether this week, as seems likely, or next year – the biggest question will be whether the Fed eventually…

Costa Rica businesses want more moderately-skilled workers
Business
98 views1
Business
98 views1

Costa Rica businesses want more moderately-skilled workers

L. Arias - December 10, 2015

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.…

Hiring outlook in Costa Rica positive for next year
Business
106 views
Business
106 views

Hiring outlook in Costa Rica positive for next year

L. Arias - December 8, 2015

The new year may bring good news on Costa Rica's job front. According to the most recent employment outlook survey from consultant company Manpower, 22 percent of employers plan to hire…