At the end of 2016, profits from the Agricultural Credit Bank of Cartago (Bancrédito) were reduced to a third compared to those reported in 2015, according to information provided by the public bank to the Superintendent of Financial Institutions (SUGEF). According to reports, in December 2015 the institution reported earnings of ¢527.6 million, while in […]

The extension of Route 32 will bring good news for cyclists: the route will have 26 kilometers of bike path. The CONAVI made the decision to include a space for those who use this means of transport, after learning in the construction of other roads. The path for cyclists will not be linear, because the […]

After two consecutive years of annual inflation figures below 1%, in 2017 prices will increase more strongly, especially in the first six months of the year. This is one of the central bank’s projections in its inflation report, published last December. According to the calculations, at the end of the first semester cumulative inflation will […]

Humberto Vargas, legislator from the Social Christian Unity Party (PUSC) Party, demanded an explanation from the Costa Rican Oil Refinery (RECOPE) for a possible defect in the billing system of the institution. On Monday, the legislator addressed a letter to the CEO of the company, Sara Salazar, which indicates that since December 12th, the amounts […]

On Tuesday, The president of Nicaragua, Daniel Ortega, took office for the fourth time. This time, his wife Rosario Murillo is the vice president, he has parliamentary hegemony and he is unhindered to push his agenda. Ortega will rule until 2022 with the backing of 71 of 92 legislators in the parliament, led by former […]

The Government convened the bill that limits wage bonuses, which was sent to special sessions of the Legislature. This action angered union groups in the country, some of whom have even talked about a general strike to protest. The Executive Branch clarifies that calling for a strike is unnecessary because there are other ways, such […]