A 10-mont old child has been missing in the Tortuguero Lagoon on Pococí Limón, after a small boat capsized on Wednesday morning. The boat left the coast with approximately 8 people. After it capsized, everyone was rescued, but the child let go of his mother’s arms and since then he has not been located. Neighbors […]
Costa Rica News, Summarized in English and Linked to the Source
The electricity bill will be less expensive since January
Electricity users will perceive a discount on their bills from January 2017, due to lower thermal generation sources that use of hydrocarbons such as diesel, kerosene or bunker to produce electricity. The decrease approved by the Public Services Regulatory Authority (ARESEP) in the cost per generation of thermal energy, applied by the different distribution companies, […]
Central Bank foresees lower trade deficit
According to data published by the Central Bank, the trade balance of goods accumulated a deficit equivalent to 6.8% of Gross Domestic Product (GDP) in the third quarter of 2016. This figure is lower than a year earlier, when in the same period the difference between imports and exports recorded an internal deficit equivalent to […]
Probel RM, S.A. is not related to the hair dyes smuggling
The official importer of Probel RM, S.A. products is not related to the subject who tried to illegally enter hair dyes last weekend. The man, who was arrested by the Fronetras Police in La Cruz, was carrying a package of hair dye valued at ¢ 4 million. The man, who had neither permits to enter […]
Costa Rican, credit-card debt amounts to 1 trillion colones
According to data provided by the Ministry of Economy, until October 31st, Costa Rican, credit-card debt amounted to 1 trillion colones. This figure is equivalent to 3.34% of GDP and it is 21% higher than the figure shown last year. The average balance per card is 430,500 colones. Welmer Ramos, minister of Economy, believes that […]
Central Bank announces macroeconomic program
Despite having until the last day of January to present the macroeconomic program for the period 2017-2018, the Central Bank announced it on Wednesday afternoon. The document includes forecasts on the behavior of the main variables of the country, as inflation and output growth. It also specifies targets in monetary policy, and estimates on the […]