Majority of companies in Costa Rica are family affairs
Business
1573 views
Business
1573 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…

Gallito candy, chocolates won’t be ‘Made in Costa Rica’ anymore
Business
1908 views5
Business
1908 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
700 views6
Business
700 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
1121 views
Business
1121 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…

Appliance company Mabe closes Costa Rica plant, lays off 445 employees
Business
797 views4
Business
797 views4

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.…

San José tops rankings of most competitive cities in Latin America
Business
2368 views
Business
2368 views

San José tops rankings of most competitive cities in Latin America

L. Arias - November 25, 2015

The Costa Rican Investment Promotion Agency (CINDE) this week reported that San José leads the region in four of the 12 categories of “The World's Most Competitive Cities 2015”…

A whopper of a decision: Burger King closes its operations in Costa Rica
Business closures
1761 views6
Business closures
1761 views6

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
708 views
Business
708 views

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…

Two U.S. companies seek 470 employees in Costa Rica
Business
1780 views
Business
1780 views

Two U.S. companies seek 470 employees in Costa Rica

L. Arias - August 21, 2015

Following various announcements of layoffs, closures and businesses relocating their Costa Rican operations, two technology companies this week announced they will expand their staff here. Fiserv, a U.S. provider…

Flower export company relocates to Guatemala
Business
853 views2
Business
853 views2

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…