Top Costa Rica business stories of 2015
Business
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Business
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Top Costa Rica business stories of 2015

L. Arias - December 30, 2015

Any initial hope for major change in Costa Rica's business world under President Luis Guillermo Solís has waned as the business sector continues to struggle with issues they have long…

Appliance company Mabe closes Costa Rica plant, lays off 445 employees
Business
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Business
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Appliance company Mabe closes Costa Rica plant, lays off 445 employees

L. Arias - December 4, 2015

Mexican appliance manufacturer Mabe on Friday announced the closure of its refrigerator manufacturing plant in Costa Rica and the immediate dismissal of 445 of its 540 employees.…

A whopper of a decision: Burger King closes its operations in Costa Rica
Business closures
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Business closures
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A whopper of a decision: Burger King closes its operations in Costa Rica

L. Arias - October 5, 2015

Burger King Corporation U.S. (BKC US) ordered the immediate closure of all 29 restaurants in Costa Rica as of today, Oct. 5. The closures mean 434 employees will lose…

Costa Rica’s restaurant franchise sector plans new openings, more jobs
Business
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Business
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Costa Rica’s restaurant franchise sector plans new openings, more jobs

L. Arias - September 1, 2015

Costa Rica's restaurant sector – and specifically its fast-food sector – is showing improvement in the number of openings in the second half of this year, a trend Costa Rican Restaurants…

Flower export company relocates to Guatemala
Business
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Business
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Flower export company relocates to Guatemala

L. Arias - August 18, 2015

Costa Rican flower company Flores de Exportación (Florexpo) announced in a public statement that it will move its operations to Guatemala in March 2016. The company will be…

Lawmakers move forward with $13.5 million bailout plan for tourism sector
Business
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Business
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Lawmakers move forward with $13.5 million bailout plan for tourism sector

L. Arias - August 18, 2015

Small and medium-sized tourism entrepreneurs hit by the global economic crisis of 2008-2009 likely will receive a boost to meet overdue debts and keep their businesses open. A…

Rawlings lays off 200 employees at its Costa Rica apparel operation
Business
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Business
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Rawlings lays off 200 employees at its Costa Rica apparel operation

L. Arias - August 4, 2015

Sporting goods manufacturer Rawlings Costa Rica is laying off 200 employees at its plant in Turrialba, east of Cartago province, the company's local GM, Alejandro Cotter Penón, confirmed…

El Gallito stores close after 106 years in business; more than 200 employees dismissed
Business
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Business
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El Gallito stores close after 106 years in business; more than 200 employees dismissed

L. Arias - August 3, 2015

The iconic Costa Rican store Almacén El Gallito, which in recent years sold mostly party supplies and furniture, last Friday closed its seven locations in Costa Rica citing financial…

Local cargo company dismisses 65 employees
Business
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Business
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Local cargo company dismisses 65 employees

L. Arias - March 13, 2015

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…

Employment outlook slightly better for Ticos in coming months, survey finds
Business
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Business
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Employment outlook slightly better for Ticos in coming months, survey finds

L. Arias - March 11, 2015

Most Costa Rican companies are sticking with the employees they have for now, a new jobs survey found. Though the hiring outlook for the second quarter of…