In order to protect the sources that guarantee water to 27,000 people in rural areas, a company has been working for more than 10 years on specific actions to assure their preservation. As part of a commitment made in 2004, company Coopesantos R.L. has already invested 170 million colones in buying 138 hectares of land […]
Free Trade Agreement with Korea will benefit Costa Rica
After concluding negotiations of the Free Trade Agreement (FTA) between Central America and the Republic of Korea, exporters predicted that there will be benefits for a large number of products for instance tropical fruits, coffee and meats. However, there are still missing many things to discuss such as rules of origin, intellectual property, telecommunications, trade in […]
The Attorney General’s Office will decide Uber future
The Attorney General’s Office will decide Uber future: the Regulatory Authority of Public Services (ARESEP) requested the public prosecutor a legal analysis on whether Internet sites, electronic payment systems or technological applications can be blocked. In this way, the institution will deliver a legal interpretation on this issue, which will be evaluated by ARESEP. The […]
Sellers: “Mother’s Day sales were not at their best”
As usual, Costa Ricans decided to buy Mother’s Day gift in the last minute. As consequence, there are people who are still buying presents. However, according to sellers, sales weren’t at their best. Sales were better on Father’s Day. They weren’t as expected. We do not know what happened. We believe that people are looking […]
The bill to reduce traffic in the capital city hasn’t been read
The bill to control the number of buses entering the capital city in order to reduce traffic congestion hasn’t been read. It was planned that the project would be first applied in Desamparados, one of the most populous counties with more than 300,000 inhabitants. A month ago, Liza Castillo was appointed as Deputy Minister of Transport […]
Bill to fight tax fraud hasn’t been passed
The slow, legislative process to pass the bill to fight against tax fraud has prevented the country from fully complying with the recommendations made by the Organisation for Economic Co-operation and Development (OECD). The government should submit a report with the corrections before August 31st. Nevertheless, the Treasury informed that tax controls have been strengthened […]