The hearing against the suspects of the cementazo case to request the extension of the precautionary measures will continue on Thursday, according to the Public Ministry. The hearing in the Second Judicial Circuit began on Wednesday, after two days and a challenge against the judge who is in charge of the hearing, which was rejected. […]
Archives for January 2018
Progressive Liberal Party faces its first national elections
The Progressive Liberal party faces its first national elections without a presidential candidate, but with the intention of reaching the Legislative Assembly to start sowing the seeds that will make them flourish in the Costa Rican political arena. Marta Blanco is the candidate in the first place for San José. She assures that the movement […]
Former comptroller will be the new superintendent of financial entities
The National Council of Supervision of the Financial System (CONASSIF), unanimously appointed the lawyer and administrator Rocío Aguilar Montoya as General Superintendent of Financial Institutions, for a period of five years, starting on March 1st, 2018. Aguilar was Comptroller General of the Republic from 2005 to 2012. Prior to that, she was Technical Secretary of […]
BCR profits decreased 30% in 2017
The profits of Banco de Costa Rica (BCR) amounted to ¢ 37,354 million at the end of 2017, 30% less than in 2016. The figure for earnings before estimates, contributions, and taxes was ¢73,509 million, also lower than the ¢85,535 million from the previous year. This was announced on Wednesday by the bank through a […]
Country receives approval from the OECD in insurance and complementary pensions
The Committee of Insurance and Private Pensions of the Organization for Economic Cooperation and Development (OECD) issued a favorable opinion for the accession of Costa Rica to said Organization. The decision was made after a technical review of the regulations in the insurance and private pension sectors (obligatory and voluntary supplementary regimes, both individually funded). […]
ICJ will issue sentence on Nicaragua this Friday
On Friday, the International Court of Justice (ICJ), based in The Hague, Netherlands, will read the sentences of three lawsuits filed by Costa Rica against Nicaragua. This was announced by Foreign Minister Manuel González, who said that these are three complex issues. The ICJ will have to define the amount of compensation that Nicaragua must […]