The rural aqueduct of San Rafael de Alajuela decided to be a friendly environment company and invested in the installation of solar panels that generate the electricity needed to use the water from one of its wells. In total, 160 devices now serve 3,000 users in the area, and allow to save around 40% in […]
Archives for October 2016
Grain company gets international food safety certificate
The company marketing rice, beans, sugar, oil, coal and preparations, La Maquila Lama, received the international certification in Hazard Analysis and Critical Control Point (HACCP) that tries to identify the hazards that affect safety and consumer health. According to Juan Carlos Sandoval, General Manager of the company, the certification has a system created with high […]
Government imposed a declaration of confidenciality over Brazil case’s reports
On October 11th, La Gaceta published a declaration of confidentiality over the political reports submitted by Brazilian Ambassador Jairo Valverde, which means that nobody has access to those documents. This declaration was signed by president Luis Guillermo Solís and minister of Foreign Affairs, Manuel González on October 3rd, four days after the Chancellor’s appearance before […]
UCR: Inflation will end the year below the goal of 3%
Inflation, estimated with the Consumer Price Index (CPI), will close 2016 below 1.3%; a figure that is far from the goal of the Central Bank (3%). This is the forecast given by the Institute for Research in Economics (ICSI) at the University of Costa Rica on Tuesday. The Central Bank has reiterated that the set […]
Government allocates 375 million to eradicate child labor
With the clear aim of integrating minors within the educational system and eliminating child labor, the government increased the budget for education in 375 million colones for 2017. This money, to be disbursed by the Fund for Social Development and Family Allowances (FODESAF) will be delivered through subsidies for those under 18 who are in […]
Business expectations are low
Business expectations for the fourth quarter of 2016 show a slight improvement, but they are located at the lowest level in the last 7 years. According to estimation from the Institute for Research in Economics (ICSI) from the University of Costa Rica, index rose 1 percentual point but it is the lowest figure since 2010. […]