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Archives for June 21, 2016

Roasted coffee grains make 6 times more profit

June 21, 2016 by Staff News Writer

If Costa Rican coffee producers decided to roast their own grains, international markets would pay a price six times higher than the current amount they pay for green grains. Today, 99% of national producers sell green coffee, because roasting demands additional investments they cannot afford. According to the manager of Promotion for the Coffee Institute […]

Filed Under: Front Page, News Reports

Mafia controls Golfito Free Trade Warehouse

June 21, 2016 by Staff News Writer

According to Irving Malespín, director of the Fiscal Control Police (PCF) of the Finance Ministry, groups linked to the smuggling mafia make the biggest purchases in the Golfito Free Trade Warehouse. Officials say these organizations take advantage of locals’ economic need to proceed with their illegal business. Malespín said that purchasing cards used in Golfito […]

Filed Under: News Reports

Correos de Costa Rica: The success of a company doomed to die

June 21, 2016 by Staff News Writer

In 2009, Correos de Costa Rica did not have resources to pay Christmas bonuses. The company had asphyxiating debts with the state. By that time 78% of its revenue came from traditional mail and only 22% from new services, such as courier and electronic services. Today the story is diametrically different, since in 2015 the […]

Filed Under: Front Page, 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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