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Costa Rica does not have great benefits from the FTA with China

August 23, 2016 by Staff News Writer

The signing of the Free Trade Agreement (FTA) between Costa Rica and China was received by the productive sectors with optimism; however, after almost 5 year, the dynamism of the second largest economy in the world did not represent a significant growth in sales. Karina Lopez, coordinator of Market Research at Foreign Trade Promoter (PROCOMER) […]

Filed Under: News Reports

Police rescued animals last weekend

August 23, 2016 by Staff News Writer

A police’s important task  is to rescue endangered animals, as happened last Friday when they rescued a colt that fell into a pond inhabited by crocodiles. Furthermore, on Sunday, a member of the border police saved a sloth that was trying to cross a busy street in Corredores. In addition, 4 newborn raccoons were rescued and […]

Filed Under: Uncategorized

Ministry of Finance: CCSS is not aware of the situation

August 23, 2016 by Staff News Writer

Helio Fallas, Ministry of Finance made some statements and answered questions regarding the increase of the state contribution to the Regime of Disability, Old Age and Death (IVM) requested by the Costa Rican Social Security Fund (CCSS). There are different criteria because the CCSS just presented a number to Treasury assuming that it had to pay […]

Filed Under: News Reports

What will happen to the USD exchange rate in the coming months?

August 23, 2016 by Staff News Writer

According to the Central Bank of Costa Rica, the 2016-2017 Macroeconomic Program Review shows an accumulated depreciation of 2.1% (colon against USD). In addition, private banks increased their foreign currency position in July, which has influenced the exchange rate. September is usually a month with a greater abundance of USD; however, according to analysts at […]

Filed Under: News Reports

Tank Museum is auctioning armored vehicles due to the lack of visitors

August 22, 2016 by Staff News Writer

One of the many World War II museums in the French region of Normandy is auctioning its collection due to the lack of visitors (this year it has had a 30% decrease). The museum was opened three years ago, and it belongs to a former Air France pilot who assembled it over decades. Among the 130 […]

Filed Under: News Reports

Duke lost his snout, but his soul is untouched!

August 22, 2016 by Staff News Writer

Duke, one of the icons against animal abuse, who lost part of his snout due to a machete attack, marched through the streets of San José on Sunday, during an event to support the animal abuse law. We are the animals’ voice, the ones that cannot speak! Do not remain silent! Denounce animal abuse! said the […]

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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