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Alajuelita celebrates Cristo El Negro

January 16, 2014 by Staff News Writer

Residents of Alajuelita held a procession on Wednesday to honor the Black Christ, which is a tradition celebrated since 1818. The event kicks off cultural activities that will continue through January. The original image of the Black Christ on the cross comes from Esquipulas, Guatemala, and is based on an event that occured on January […]

Filed Under: News Reports

Festival opens in Santa Cruz

January 16, 2014 by Staff News Writer

Street parties, music and parades will dominate the town of Santa Cruz as it celebrates the culture of the Guanacaste province. The annual festival started on Tuesday and will continue through Sunday. On Saturday a tope or horse parade will start at 3pm at the Santa Cruz Polideportivo. Details are available on the festival website. […]

Filed Under: News Reports

Public ministry brings tax evasion case against Grupo Nación

January 15, 2014 by Staff News Writer

Prosecutors have filed charges of tax evasion against the owners of the Grupo Nación media firm, which publishes the popular newspaper La Nacion. The charges are pending before the Criminal Court of the Second Judicial Circuit, and involve a 2004 deal where an offshore company in Belize realized a $3 million capital gain for the […]

Filed Under: News Reports

Marriage equality and in vitro fertilization are debts of the State

January 15, 2014 by Staff News Writer

According to a UN group on policy development, in vitro fertilization and same sex marriage are areas will Costa Rica will need new legislation. At present, legislators are confronted by a ruling from the Inter-American Court of Human Rights that requires Costa Rica to open the way for in vitro fertilization. The issue of same […]

Filed Under: News Reports

World Bank improves outlook for economic growth in Costa Rica

January 15, 2014 by Staff News Writer

Experts from the World Bank are forecasting economic growth for Costa Rica, to be between 4.3 and 4.1 percent for 2015. The rate is higher than the average expectation for Latin America. The report also said that expectations depend on volatile global interest rates and capital flows as the Federal Reserve Bank of the United […]

Filed Under: News Reports

Economic growth in 2013 was prompted by external factors

January 15, 2014 by Staff News Writer

According to a report issued by Aldesa Valores, 2013 was a difficult year for industries that serve the domestic market in Costa Rica. However, at the same time the manufacturing sector in free trade zones reported a record 22 percent growth through October of the year. Demand decreased by 6.3 percent in November and December […]

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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