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Archives for June 16, 2016

Appeal court acquits Luis Milanés, businessman linked to millionaire scam

June 16, 2016 by Staff News Writer

Goicoechea’s Court of Appeal reversed a 15-year sentence issued last December against the Cuban-American businessman Luis Angel Milanés Tamayo, who was accused of swindling millions against foreign investors. According to the judges, the issue had already been taken care of in a 2012 trial, when Milanés got a 3-year sentence. The new ruling also confirmed […]

Filed Under: News Reports

Costa Rica, the most peaceful country in Central America

June 16, 2016 by Staff News Writer

Among Central American Countries, Costa Rica got the best ranking and now it occupies the 2nd position in Latin America in the 2016 Global Peace Index. This ranking is prepared by The Hague Institute for Global Justice and highlights the country as one that has not required armed forces despite border disputes. Worldwide, Costa Rica […]

Filed Under: News Reports

0.5% increase on wages

June 16, 2016 by Staff News Writer

There will be a 0.5% wage increase for the second half of 2016. This means that a worker earning ¢ 300,000, will now earn ¢450,000 from July, 1st. However, domestic servants are entitled to 2% of wage increase. The idea is to increase ¢500 per every ¢100,000 people already make. According to Dennis Cabezas, president […]

Filed Under: News Reports

Police seized drugs from Nicaragua

June 16, 2016 by Staff News Writer

Authorities seized 225 units of various drugs at border posts. The largest shipment was seized in Tablillas, Los Chiles, where the police seized 207 units from a Nicaraguan citizen. A similar case occurred in Peñas Blancas post in La Cruz, Guanacaste, where another Nicaraguan citizen tried to avoid border controls, but the authorities discovered 18 […]

Filed Under: News Reports

Agreement to speed pension’s reform

June 16, 2016 by Staff News Writer

The Legislature agreed to implement an abbreviated procedure for several projects to reform pension schemes. The legislators agreed to dispense five records from formalities, three of which consist of reforms to reduce spending on pensions. One of the five projects is a proposal by the Executive to reform all pension schemes from the national budget. […]

Filed Under: News Reports

¢250 billion ($467 million) unspent by ministries

June 16, 2016 by Staff News Writer

Ministries have around ¢250 billion ($467 million) in free surplus or idle resources that were once asked for different projects that never started. The ministry with the highest overall surplus is the Ministry of Public Works and Transport (MOPT), followed by the Ministry of Public Education (MEP) and the Ministry of Labor. The Act for […]

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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