In order to facilitate the conditions and generate greater trade among Central American exporters, private sector leaders from the region participated last week in the “Boot Camp to Strengthen Advocacy on the issue of trade facilitation”. Representatives of the Chamber of Exporters of Costa Rica (Cadexco) participated with the clear aim of influencing trade facilitation […]
Archives for May 16, 2016
Stem cells restore hope
Tomás Arosemena was not supposed to have health issues, despite being born prematurely. However, at two months old, a vaccine left him in a wheel chair with severe respiratory problems. For this reason, his family decided to try a treatment that does not promise to cure him, but it will give him some relief and […]
5 countries complain about Costa Rica to WTO
Last March, 5 countries complained to the World Trade Organization about Costa Rica closing its boarders to avocados. United States, Mexico, Guatemala, Ghana and Venezuela insist in that there is no scientific ground for the restriction. The representatives from each country made interventions to explain the reasons why they think this measure should be revoked. […]
Manufacturing activity boosts economy
In March, Costa Rica’s manufacturing industry recorded a growth rate higher than the growth rate of the entire country’s economy, according to the Central Bank of Costa Rica (BCCR). The growth rate of the economy in March was 4.7%, compared to the same month of 2015; whereas the manufacturing sector grew 6.1%, which is completely […]
Ecuadorian castaways stranded in Coco Island for a month
Three Ecuadorian castaways have now spent a full month on Coco Island, after their boat reached Costa Rican soil on April, 12th. Victor Bravo, Leonardo Arcentales and Leodan Domínguez left Puerto Jaramillo in Ecuador, to go fishing on March, 11th. They spent several days adrift after claiming to have been assaulted by criminals on the high seas. They managed to reach […]
New tax for financial operations
Authorities from the Ministerio de Planificación, Hacienda, Inder y Casa Presidencial presented the bill “Costa Rican Regional Development Law”. This proposal aims to tackle social problems that cause poverty, and to redesign regional public policies. However, what some legislators disagree with, is that in order to achieve those goals, the creation of a new tax is needed, […]