If the price for each Hass avocado seems too high now, it might cause surprise that it will increase again, since Mexico recorded a decline in production. According to the Mexican business magazine Expansion, the price of this fruit rose about 90% during the first half of the year, because they already finished the largest […]
35 Illegal airstrips closed to end narco windfall
Drug traffickers have free reign over the skies of Costa Rica –especially throughout the Pacific Zone- with the dozens of clandestine airstrips, key elements to transport drugs and money. After the discovery of 35 clandestine airstrips between November and March, the Ministry of Public Security (MPS) has started to close them temporarily or permanently. Some […]
Costa Ricans still prefer cash, not cards
Despite the efforts of the financial authorities to promote electronic transactions and debit cards, 8 out of 10 Costa Ricans still prefer cash. This follows the study “Banking, finance and savings in Costa Rica”, conducted by pollster Unimer at the request of the Costa Rican Banking Association (ABC). Of the thousand people surveyed, 36.7% only […]
Poas’ impressive eruption
Poas volcano in Alajuela recorded an impressive new eruption on Tuesday afternoon. According to Enrique Hernández, a specialist of the National Volcanology and Seismological Observatory (OVSICORI), this is the type of phreatic eruption they have seen since early May. “The lake is the balance between water and gases when they receive pressure and heat from […]
Treasury seeks reforms after Panama Papers
In order to strengthen mechanisms for prevention, detection, control and reporting carried out by financial institutions and other regulated subjects, Deputy Minister of Revenue, Ministry of Finance, Fernando Rodríguez, seeks to amend Article 34 of the 8024 Act. This would close loopholes that were evident with the global research known as “Papers of Panama” and […]
Fire consumed 8 houses in San Rafael de Alajuela
On July 5th, eight houses were consumed by the flames in San Rafael de Alajuela. According to the Fire Department, only material damages were reported, and there are no cases of people affected by the smoke or fire. The emergency was taken care of by three fire extinguishing units from Santa Ana, Belén and Alajuela, […]
