A strong earthquake shook parts of San José at 12:50 p.m. on Tuesday. The movement had an intensity of 4.1, and 2.0 km South Southwest of Colón, Mora in San José, according to the report of the Vulcanological and Seismological Observatory of Costa Rica. The movement was felt in San José, particularly in the west, […]
Costa Rica drops seven positions in the Doing Business index
The country remains down in the ratings of the international indix that measure the competitiveness of the economies. Costa Rica fell seven places in the Doing Business index for 2020, published annually by the World Bank. In the measurement, Costa Rica moved from the 67th place in 2019, to the 74th in the general index, […]
US rejects Costa Rican pumpkins that were to be used on Halloween
The United States Office of Customs and Border Protection (CBP) banned the entry of a shipment of pumpkins from Costa Rica due to the presence of an insect pest. The discovery was made on October 4th in Wilmington, Delaware; however, it wasn’t officially communicated by the institution until the 24th. As explained by the CBP, […]
Project to expand tax collection for Red Cross moves forward
A bill that seeks to extend the collection of tax or parafiscal contribution to finance programs of the Costa Rican Red Cross moves forward in Congress. The initiative, proposed by several legislators, was affirmatively ruled by the Committee on Economic Affairs of the Legislative Assembly. Currently, a 1% contribution is charged to the monthly billing […]
More than 2,000 rescued dogs already have a home
In the last three years, an animal care program led by the Municipality of Cartago managed to rescue more than 2,000 dogs from the streets. The Municipal Center for Education for Animal Care (CMECA) focuses on pet rescue, public safety and education. They have sterilized and vaccinated 2,103 dogs; 717 of them were adopted and […]
Despite Moody’s warning, government says rescue plan will not affect banks
The Executive Branch insists on defending the rescue credit plan announced on October 11th, claiming it won’t negatively affect the profitability of public banks, as noted in a recent report by the rating agency Moody’s. This Monday, the Minister of Planning, Pilar Garrido, said that the rescue credit plan establishes that state commercial banks define […]