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Archives for October 22, 2019

Company moves operation to Guatemala and dismisses 254 workers

October 22, 2019 by Staff News Writer

Grupo Vidriero Centroamericano (Vical), better known in the country as Vicesa, dismissed 254 workers. This was reported by the company itself on Monday through a statement. The measure is due to the transfer of one of its furnaces that operated in Cartago to its plant in Guatemala, in search of lower operating costs. Vical’s traditional […]

Filed Under: News Reports

Businessmen propose a salary increase of 2.53% for next year

October 22, 2019 by Staff News Writer

The country’s private entrepreneurs proposed that next year all workers in the sector receive an average increase in wages of 2.53%. This was stated on Monday by the Costa Rican Union of Chambers and Associations of Private Enterprise (Uccaep) before the National Wages Council. The amount would apply to all those workers who receive the […]

Filed Under: News Reports

Car owners will pay between 3% and 6% less for property tax

October 22, 2019 by Staff News Writer

Good news for your pocket if you own a vehicle. The vehicle ownership tax will suffer a reduction of between 3% and 6% for next year. The Ministry of Finance confirmed that the reduction is due to a loss of value of much of the vehicle fleet. This tax is one of the components that […]

Filed Under: News Reports

Weekend showers cause floods and landslides

October 22, 2019 by Staff News Writer

The rains that occurred over the weekend in the country caused 28 incidents as floods and landslides in some areas. Sigifredo Pérez, chief of operations of the National Emergency Commission (CNE) reported that some of these events are associated with flooding due to saturation of sewer systems. According to the official, it was not necessary […]

Filed Under: News Reports

US interest scenario benefits Costa Rican eurobonds

October 22, 2019 by Staff News Writer

The downward trend in the behavior of US treasury bonds would benefit the placement of $ 1.5 billion in Eurobonds by Costa Rica for the coming weeks. This was determined by an analysis conducted by ACOBO, noting that the trends in the US market have been down, which could mean that the placement is made […]

Filed Under: News Reports

American murdered in beach condominium

October 22, 2019 by Staff News Writer

An American man whose identity has not been revealed, died on Monday in a condominium located in Garabito, Puntarenas. This was confirmed by the Costa Rican Red Cross. According to the authorities, lifeguards found the patient without life. The incident occurred around 12:27 pm in a condominium located in Jacó. According to a source, apparently […]

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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