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New government hasn’t solved issue of BCR board of directors

May 31, 2018 by Staff News Writer

The new authorities of the government of President Carlos Alvarado still haven’t made a final decision on the board of directors of the Bank of Costa Rica (BCR), which keeps this institution with two people appointed for the same position in three different cases. Shirley González Mora was appointed during the suspension of Paola Mora; […]

Filed Under: News Reports

Gas station owner: presumed band leader who stole millions in fuel

May 31, 2018 by Staff News Writer

A businessman named Jiménez Guzmán is the alleged leader of a gang that extracts fuel from the refinery of the Costa Rican Petroleum Refinery (RECOPE), whose economic losses amount to $2 to $3 million. Jiménez was arrested on Thursday at his home in Mercedes Norte de Puriscal. According to the investigation conducted by the Public […]

Filed Under: News Reports

Consumer confidence increased with new government

May 30, 2018 by Staff News Writer

The confidence of Costa Rican consumers marked an increase of 4.1 points with the start of Carlos Alvarado’s government. This increase is statistically significant and breaks the stagnation trend shown in the latest quarterly surveys. With the current measurement, the index was 45 points out of 100. This means that trust is still low, but […]

Filed Under: News Reports

President Alvarado asks for a reduction in bank managers’ salaries

May 30, 2018 by Staff News Writer

The President of the Republic, Carlos Alvarado, and the Minister of Finance, Rocío Aguilar, issued a directive on Wednesday to reduce the salary to the general managers of public commercial banks. To this end, they instructed the boards of the commercial banks of the State (Banco de Costa Rica and Banco Nacional), as well as […]

Filed Under: News Reports

Water service to be suspended indefinitely in these places

May 30, 2018 by Staff News Writer

Some 145 thousand residents of some sectors of Santa Ana, Escazú, Alajuelita, and Desamparados won’t have a drinking water supply for an indefinite period. This was reported by the Costa Rican Institute of Aqueducts and Sewers (AyA) after a massive leak in the pipeline on Route 27. The affected sectors are: Santa Ana: Downtown, Don […]

Filed Under: News Reports

Strike ends at SINART

May 30, 2018 by Staff News Writer

After two meetings held on Wednesday morning and afternoon between the employer and union representatives of the National Radio and Television System (SINART), and with the mediation of the Ministries of Presidency and Labor, an agreement was reached that allows to resume normal conditions in the work center. The document signed by the parties states […]

Filed Under: News Reports

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News Summary

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News Summary

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