According to Marco Chaves, Cathay Financial bank manager, this behavior is the result of a decrease in the level of BCCR’s intervention in recent weeks. In contrast to the current situation, the exchange rate could fall during the second half of June, when it’s almost time to pay taxes. This reduction, however, is considered a […]
Archives for May 2016
Banco Popular sells houses with 50%off
Banco Popular y de Desarrollo Comunal announced that it will sell 775 properties around the country, with up to 50% off, simple requirements and without arrangement expenses. The properties include houses and lots with up to 100% financing of its value and payment terms ranging up to 30 years. People interested in one of these […]
Cnfl leads petitions for projects of self generation
After the enactment of the executive decree that regulates the distributed generation of energy for self-use, the National Commission of Energy Conservation (Conace) reported that it has received 28 petitions for connecting these system into the distribution networks. Distributed generation allows to produce your own electricity from clean energy systems like solar, wind or biomass. […]
Pro LGTB Ombudsman blasts local governments
The Ombudsman Montserrat Solano strongly criticized local governments because most of them do not answer when it comes to issues related to the implementation of public policies to eradicate discrimination against the LGBT (homosexual, bisexual and transgender) community. A year ago, the government issued a decree for public institutions to apply “anti-exclusion” practices. However, Solano […]
Foreign vessels will come under scrutiny
Foreign vessels that raises suspicions will be under scrutiny from June. After a new international treaty, subscribed by Costa Rica, will soon be effective. The treaty’s title is “Acuerdo sobre Medidas del Estado Rector del Puerto” (PSMA, in English) and it is an innovative instrument promoted by the United Nations Food and Agriculture Organization. Antonio […]
Real estate improves employment numbers
Some 45,000 new jobs were generated in March this year compared to the same period last year. According to data from the Costa Rican Social Security Fund (CCSS), the biggest growth was in real estate and rental activities. Jacqueline Castillo, head of the CCSS statistics department, explained that although construction rates have decreased, there is […]