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Hacienda explains how it would charge VAT to Netflix, Spotify and more

June 4, 2019 by Staff News Writer

As of Monday, the new draft of the Value Added Tax regulation is available for popular consultation, where the Treasury revealed how the tax would be charged to platforms such as Netflix, Spotify or Airbnb, under the concept of Cross-Border Digital Platforms. The tax of 13% must be collected by the application from the user […]

Filed Under: News Reports

The banks’ challenge is to regain people’s trust, not just lowering rates

June 4, 2019 by Staff News Writer

With the announcement of the reduction of the Minimum Legal Allowance, the next task of the banks is to regain the trust of the credit subjects, in addittion to lowering the interest rates. This has been explained by the president of the Central Bank, Rodrigo Cubero, and the idea has been replicated by specialists in […]

Filed Under: News Reports

IMN alerts about the proximity of tropical waves

June 4, 2019 by Staff News Writer

The hurricane season officially started in the Atlantic Ocean on June 1st. Authorities are alert due to the possible arrival of tropical waves in the country. Since May 20th, four tropical waves have formed, the first dissipated but three more are expected to reach the Caribbean Sea, which could generate very intense rains in Costa […]

Filed Under: News Reports

In May, someone died on the road every 24 hours

June 4, 2019 by Staff News Writer

The road mortality rate during May was one per day. The Road Safety Council (Cosevi) confirmed that 31 people died. The figure is almost similar to that reported in February, the month with the least fatality, with 30 cases. However, May presents a more favorable indicator in terms of the daily average. According to Germán […]

Filed Under: News Reports

Industries insist on approving dual education

June 3, 2019 by Staff News Writer

The Chamber of Industries (ICRC) insists on the need to approve dual education and the creation of an innovation agency in the country. The entity echoes OECD estimates, where more than half of occupations with high automation risk will need innovation for workers to make the transition to better quality and safer jobs. Both the […]

Filed Under: News Reports

CRECEX says it’s important to prevent Cuban indoctrination of young people

June 3, 2019 by Staff News Writer

The Chamber of Foreign Trade (Crecex) was concerned after learning about the educational agreement signed by Costa Rica and Cuba. The entity joins other organizations that express the same concern, based on the opinions of Costa Ricans in the different forums. According to the group, it is urgent to prevent the indoctrination of Costa Rican […]

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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