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Archives for June 2019

Cooperatives to raise 4% in electricity costs to families that will not pay VAT

June 21, 2019 by Staff News Writer

The cooperatives affiliated to the Chamber of Energy Distribution and Telecommunications Companies (Cedet) will increase electricity rates by 4% to families that are exempt from VAT, that is, those that consume less than 280 kw/h. About 73% of the families with the lowest incomes would suffer this surcharge , which would be charged after the […]

Filed Under: News Reports

Power outage affected operations at APM Terminals

June 21, 2019 by Staff News Writer

A power outage affected operations at APM Terminals in Limón on Thursday. Yesterday, at approximately 9:00 p.m., the Costa Rican Electricity Institute suffered a power outage in Limón that affected the operations of the TCM for about four hours. This has impacted the inflow of containers to the terminal,” said Kenneth Waugh, CEO of the […]

Filed Under: News Reports

BCR lowers interest rates for SMEs and housing

June 21, 2019 by Staff News Writer

The Bank of Costa Rica (BCR) announced a 60-basis-point reduction in its interest rates for small or medium-sized businesses and from 50 to 80 basis points for housing. We are incorporating an attractive package for the different sectors, in support of the process of economic reactivation in the country, thanks to the recent measure promoted […]

Filed Under: News Reports

38% of jobs require at least a bachelor’s degree

June 21, 2019 by Staff News Writer

In Costa Rica, it is necessary to have at least a bachelor’s degree to apply for 38% of the jobs that are available in the service sector. This includes university bachelors, graduates, masters or those who have a PhD. It is also necessary to have completed high school to opt for one of the available […]

Filed Under: News Reports

About 31% of teachers have been absent due to strikes

June 21, 2019 by Staff News Writer

According to the Ministry of Public Education (MEP), between 31% and 26% of officials were absent during June 18th and 19th due to strikes. The data reported by the 27 Regional Directoratess shows that on Tuesday there were reports of absences in 1,892 schools, which represents 35% of the total number of educational centers. These […]

Filed Under: News Reports

Authorities seized nearly 20 thousand liters of gasoline illegally obtained

June 20, 2019 by Staff News Writer

Two men were apprehended on Wednesday morning in the area of ​​Llano Grande de Cartago, according to the Press Department of the Judicial Investigation Agency (OIJ). They apparently committed the crime of fuel theft. The arrest was carried out around 5:00 am, when both men were traveling in a truck carrying 16 fuel tanks 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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