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Archives for June 7, 2016

Costa Rica loses blood donors over unsubstantiated myths

June 7, 2016 by Staff News Writer

The myths surrounding blood donation prevent people from saving lives. Danny Cabezas, an attending physician at the National Blood Bank, said that people refuse to donate because they believe unsubstantiated myths that claim it makes people gain weight, get infections or spend the rest of the day feeling weak, among other things. However, according to […]

Filed Under: News Reports

Has the vehicular restriction worked?

June 7, 2016 by Staff News Writer

In 2008, during Oscar Arias’ the second term, the town of San José implemented vehicular restriction, aiming to reduce traffic, pollution and fuel consumption. Eight years later, however, it seems this hasn’t been achieved. A study published last Friday by Air Analysis Laboratory of the National University (UNA) indicates that contamination rates grow between 11 […]

Filed Under: News Reports

Professional associations won’t pay their members’ taxes

June 7, 2016 by Staff News Writer

An audit of the Comptroller General’s Office revealed that 56% of liberal professionals do not pay taxes on their profits. However, professional associations claim they have no authority to oversee the matter, since their only role is to oversee there are no unethical practices from professionals. According to their representatives, supervising the payment of taxes […]

Filed Under: News Reports

Funds for road infrastructure waiting to be used

June 7, 2016 by Staff News Writer

Costa Rican government has the funds to avoid nightmares like the one experienced by many citizens on June, 2nd, when they were trapped in an endless traffic jam in the road to Cartago. However, the authorities lack the ability to use said funds with the urgency the backlog in roadwork demands. A year and half […]

Filed Under: News Reports

5 Factors that will push dollar rates

June 7, 2016 by Staff News Writer

Although Costa Ricans have opted for greater foreign-currency loans, there are several factors behind an increase in dollar rates that could affect their credit share. 1. The public’s preference for dollars: By 2016, the dollar credit to the private sector increased again, whereas the trend for colones has been downward. 2. Banks’ regulatory limits: Pedro […]

Filed Under: News Reports

Government withholds payment for overpass project at San José

June 7, 2016 by Staff News Writer

The National Highway Council (CONAVI) is withholding a payment of 77 million colones to the builder of a viaduct over the Paso Ancho roundabout in San José, after detecting cracks in the anti-seismic protection. The contractor company, MECO, began the project on September 2014 and the due date was on October 2015. The initial budget […]

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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