Experts from the Central America Institute of Fiscal Studies (Icefi in Spanish) warned that the government institutions might weaken due to a fiscal deficit of 5.9 percent last year. The analysts also warned that the central government’s debt grew 14.3 percent in two years. The Icefi pointed out Costa Rica as the country with the […]
Archives for May 23, 2016
Costa Rica’s business opportunities in Israel
The authorities of Promotora de Comercio Exterior (PROCOMER) conducted a study on the sectors that have more advantages to export to Israel. They determined the best sectors are food, livestock, fishing and metal-mechanic, after signing an agreement with the Israel-Central America-and Caribbean chamber of Commerce. PROCOMER general manager, Pedro Beirute, said Israeli buyers will definitely […]
Wages increased 1.8% in the last six months
Wages increased 1.8% from November to May this year compared to the same period in 2015, according to a recent study by PricewaterhouseCoopers (PWC). In addition, there is a wage gap between what large and medium-size companies pay. Large companies pay 2% more than medium-size enterprises and 7% more than small businesses. The manager of […]
CCSS and Health Ministry debate on who must pay for vaccines
According to Roberto Arroba Tijerino, coordinator of Immunization and technical secretary of the National Commission on Vaccination and Epidemiology, “when the Ministry of Health gets asked who must pay for vaccines, they answer the CCSS must do it. And when the CCSS gets asked the same question, they answer it’s the Ministry’s duty.” This dispute […]
Banco Popular will sell off jewelry in Barrio Amon
Banco Popular y de Desarrollo Comunal announced that it will be selling off jewelry on May, 28th, in the office located in Barrio Amon, Calle Primera, avenues 9 and 11. The office will start displaying the jewels available at 10:00 am. The only requirement to participate is to present an identity card. The general public […]
Seismological Network explains origin of rumblings
Rumblings were heard in Valle Central during night hours of May, 22nd. The National Seismological Network (RSN) said through Facebook that “the sounds described as rumblings that many users reported on Sunday night from various parts of Valle Central are the result of atmospheric phenomena (lightings) and have no relation to Turrialba volcano activity. crhoy.com