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 […]
Archives for December 19, 2016
The minister of Housing wants to control FOSUVI
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 […]
6 tips to go sightseeing at the end of the year
“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 […]
Costa Rican exporters will not reach 2016 target
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 […]
Exporters submit requests to authorities
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 […]
Moody’s evaluated CABEI credit ratings
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 […]