Three years after Dos Pinos and the Ministry of Foreign Trade made the first export of milk to China, the market pulls away from Costa Rica due to the economic slowdown experienced by the Asian country. The main problem is the decreased levels of consumption by their domestic economic situation. Dos Pinos’ main market continues […]
U.S. extradition request for Saatio
John Wesley Saatio will be extradited to the United States in the following weeks. According to FOX News, U.S. immigration authorities confirmed this information. As a real escapist magician, Saatio became famous on June 19th, 2015, when he managed to escape the police escort as he returned to prison after a hearing in Houghton. Since […]
Pacific Alliance divides Costa Rican entrepreneurs
Costa Rica’s inclusion in the Pacific Alliance (AP) divided the national productive sector. Industrials and exporters are in favor, whereas agricultural producers and exporters are against it. The AP is more than a trade agreement, because one of its ambitious goals is to build an area of deep integration towards the free movement of goods, […]
Government aims to cut pensions and raise retirement age
The government drafted a bill that aims to reduce future special scheme pensions of and raise the retirement age. The idea behind the proposal is to calculate the amount of the retirement pension based on 80% of the average of the top 12 salaries for the last two years. Currently, the calculation is made on […]
FAO: climate change threatens to dry out the Caribbean
The Food and Agriculture Organization explained that an increase in the intensity and frequency of droughts in the Caribbean is expected due to climate change. Therefore, countries must improve their ability to cope with this and other problems related to climate, to ensure food and security for the population. The Caribbean faces significant challenges in […]
Exports grew 7%
Costa Rica exports reached $4,124 million in the first quarter of the year, 7% higher compared to the same period last year. The analysis of this result show that free zone exports increased by 13%. The areas with the highest growth rate were industry, with 9% and agriculture with 3%. However, livestock and fishery fell […]