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Archives for December 19, 2016

A Canadian prime minister is in troubles for visiting Costa Rica

December 19, 2016 by Staff News Writer

Prime Minister of the Canadian province of Manitoba Brian Pallister is under the spotlight in his country because months ago, it was known that he liked to spend several weeks a year in Costa Rica during his working time. According to an investigation led by the Canada Broadcasting Company (CBC), published in April 2016, since […]

Filed Under: News Reports

The minister of Housing wants to control FOSUVI

December 19, 2016 by Staff News Writer

Rosendo Pujol, minister of Housing, is fighting in the Housing Banking Bank (BANHVI) to control the office responsible for granting housing bonuses to the poorest families. The leader claims that bonuses are still given to people who do not qualify for them and he also points out other “very serious” anomalies. As oonsequence, he aims […]

Filed Under: News Reports

6 tips to go sightseeing at the end of the year

December 19, 2016 by Staff News Writer

“Vamos a Turistear” (Let’s go sightseeing) is a campaign from the Costa Rican Tourism Institute to promote domestic tourism. The institution drew up a list with 6 tips for holidays end and beginning of the year: 1. Organize your budget, define how much money you have available to invest in your next vacation. 2. Book […]

Filed Under: News Reports

Costa Rican exporters will not reach 2016 target

December 19, 2016 by Staff News Writer

The Chamber of Exporters of Costa Rica (CADEXCO) is not happy. Exporters say the industry does not expect compliance with the specific goal for 2016, and therefore insist on the need of implementing more measures to increase competitiveness. We estimate that by the end of the year we will still need about 10% to meet […]

Filed Under: News Reports

Exporters submit requests to authorities

December 19, 2016 by Staff News Writer

The Chamber of Exporters of Costa Rica (CADEXCO) presented a list of proposals that, in its opinion, would give a boost to the competitiveness of all exporters of goods and services. Regarding the exchange rate, the members of the organization asked that the managed float system reflects market forces, since they believe the nominal exchange […]

Filed Under: News Reports

Moody’s evaluated CABEI credit ratings

December 19, 2016 by Staff News Writer

Moody’s Rating Agency confirmed the long-and-short-term credit ratings of the Central American Bank for Economic Integration (CABEI): they are at ‘A1’ and ‘P-1’, respectively. The outlook is stable. The Rating Agency considers as fundamental point the reforms to its constitutive agreement, which will allow to further diversify the loan portfolio and improve future processes of […]

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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