According to INS Valores, the issue of Eurobonds would save the Treasury about $18 million each year, and about $396 million due to the difference in local rates versus international rates. As an assumption, we use two terms that are relevant and attractive for international investors, 10 and 30 years. If the bonds were sold […]
Costa Rica News, Summarized in English and Linked to the Source
Fitch maintains negative rating for ICE
The rating agency Fitch maintains a negative rating for ICE, as reported by the National Stock Exchange through a relevant event aimed at the financial market. The Negative Outlook reflects its close link with the rating that Fitch gave to Costa Rica [B + Negative Perspective], given its strategic importance to the country and the […]
Seven of the best resorts in the world are in Costa Rica
Costa Rica has seven of the best resorts in the world located between the Pacific and La Fortuna de San Carlos, according to Forbes magazine. These are the ones that stand out: Four Seasons : The spa is a destination in itself, with a volcanic purification ritual that includes volcanic mud. Hacienda AltaGracia : Luxury […]
La Fortuna seeks to become the first Eco-community in the country
La Fortuna de San Carlos seeks to become the first Ecomunity in the country, which is why it works in activities that generate knowledge in the field of integral management of valuable waste and good practices in favor of the environment. With this objective, the Integral Development Association of La Fortuna de San Carlos (Adifort) […]
Volunteers collected garbage and planted trees in Montes de Oca
About 60 people of different nationalities joined this Saturday in the canton of Montes de Oca, as part of a cleaning-and-reforestation day. Attendees planted guava and jacaranda trees at different points of Los Negritos creek and surrounding municipal parks. They also picked up garbage. The objective is to increase the arboreal mass in the canton […]
Economic activity experienced its worst growth in almost six years
According to the Central Bank, last May the national economy had its worst growth since November 2013. Growth for May was only 1.3%, which is two percentage points (pp) lower than the same month of the previous year and 0.2 pp to the previous month. In that month of November, growth was only 1.4%. In […]