Costa Rica drops two spots in global competitiveness ranking
Business
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Business
943 views

Costa Rica drops two spots in global competitiveness ranking

L. Arias - September 29, 2016

Costa Rica ranked 54th out of 138 countries evaluated in the World Economic Forum’s latest Global Competitiveness Report released this week. The country ranked fourth in Latin America this…

Private sector confidence remains lukewarm
Business
971 views
Business
971 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
1554 views
Business
1554 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…

Burger King reopens Costa Rica operations
Business
1789 views2
Business
1789 views2

Burger King reopens Costa Rica operations

L. Arias - June 16, 2016

Burger King is back in Costa Rica just eight months after the former franchisee closed its operations here due to financial woes. The first restaurant of the U.S.…

Online shopping still low in Costa Rica, study finds
Business
1895 views16
Business
1895 views16

Online shopping still low in Costa Rica, study finds

L. Arias - May 30, 2016

Despite having internet coverage in some 88 percent of the country, only 12 percent of consumers in Costa Rica shop online, a study on shopping habits and trends…

Gallito candy, chocolates won’t be ‘Made in Costa Rica’ anymore
Business
1881 views5
Business
1881 views5

Gallito candy, chocolates won’t be ‘Made in Costa Rica’ anymore

L. Arias - May 5, 2016

Morenitos, Violetas, Milanes, Guayabitas, Tapitas and other Gallito brand sweets that Costa Ricans have traditionally identified as Tico-made will no longer be manufactured here. Illinois-based parent company Mondelēz…

Business confidence still low in Costa Rica
Business
678 views6
Business
678 views6

Business confidence still low in Costa Rica

L. Arias - April 7, 2016

Wariness about the country’s employment and economic situation caused a slight decline in confidence among business sector leaders during the first quarter of this year, according to a recent…

Top Costa Rica business stories of 2015
Business
1097 views
Business
1097 views

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…

Foreign firms in Costa Rica created 12,000 new jobs this year
Foreign investment
971 views
Foreign investment
971 views

Foreign firms in Costa Rica created 12,000 new jobs this year

L. Arias - December 15, 2015

A total of 39 foreign-owned companies opened 11,935 new jobs in Costa Rica this year, the Costa Rican Investment Promotion Agency (CINDE) reported this week. At the…

Costa Rica businesses want more moderately-skilled workers
Business
695 views1
Business
695 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.…