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Archives for May 11, 2016

Expofranquicias shows 100 business concepts

May 11, 2016 by Staff News Writer

On May 12th and 13th Centro de Eventos El Pedregal will host the Expofranquicias 2016 event, making more than $1.8 million for investment, presenting more than 100 business concepts. The participants of the seventh version of the fair are over a 100 companies from Mexico, Panama, Guatemala, Peru, Uruguay, United States, Venezuela, Argentina, Spain, Colombia, […]

Filed Under: News Reports

Fraud with housing project on behalf of foundation

May 11, 2016 by Staff News Writer

Fundación Omar Dengo (FOD) is warning the population of a fraud that is taken place using its name. The foundation clarified that unscrupulous people are using our name to ask for funds to finance housing projects, which are false… This foundation does not work with housing projects”. For this reason, they suggest people who have […]

Filed Under: News Reports

PROCOMER opens office in Qatar

May 11, 2016 by Staff News Writer

PROCOMER (Promotora del Comercio Exterior de Costa Rica) officially opened its first commercial promotion office in Doha, Qatar. With this new commercial branch in the Middle East, the intention is to broaden the opportunities for domestic exporters and to expand the exporting horizons for Costa Rica. We are doubling our efforts to promote business opportunities […]

Filed Under: News Reports

Naturalized Costa Rican gets 20 years for “mega money laundering”

May 11, 2016 by Staff News Writer

Arthur Budovsky, a Ukrainian-American who later became a Costa Rican citizen, was convicted to 20 years in prison for his leadership in a powerful structure dedicated to laundering hundreds of millions of dollars. He was arrested in Spain in 2013 and after a long legal battle, he was extradited to E.E.U.U. in 2014, to finally […]

Filed Under: News Reports

153 Leatherback turtle eggs were saved

May 11, 2016 by Staff News Writer

Thanks to patrolling operations in the beaches near Barra Pacuare, the looting of 153 Leatherback turtle –one of the most endangered species- eggs was prevented. The Coast Guard staff located two nests and sent them to a hatchery run by environmentalist organizations with which it has a strategic alliance for the protection of maritime resources. […]

Filed Under: Uncategorized

Banco Central applies international finances standards

May 11, 2016 by Staff News Writer

The BCR is now the second monetary authority in Latin America to implement International Finances Information Standards, with the intention of presenting information with the best international practices, standards and transparency, making analysis and decision-making much easier for banking institutions. Before the BCR, in Latin America only Brazil managed to meet the requirements to implement […]

Filed Under: News Reports

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News Summary

U.S. President Orders Navy Task Force to Caribbean to Counter Venezuela Threat

Costa Rica Government Silent on Travel Ban with Just 13 Days Left

News Summary

Legislators approve moratorium for registration of shareholders

President confirms gasoline give away for ethanol pilot project

Chinese company sells low cost smart phones in Costa Rica

Search continues for small plane missing in Drake

Farmers will march to the Ministry of Agriculture

IMN warns of dangerous UV radiation this Friday

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