The Central Bank of Costa Rica (BCCR) reported that it successfully completed the modifications to the computer platforms of the National Electronic Payment System (SINPE) and related financial institutions to migrate from the current format of bank accounts to the IBAN system (International Bank Account Number), which was scheduled, along with the National Financial Sector, […]
Archives for January 23, 2017
Bloomberg published the Interbank Reference Rate
International, financial and transactional information platform Bloomberg started publishing the Interbank Reference Rate (TRI), an index created in March 2016 by the Chamber of Banks and Financial Institutions of Costa Rica. The indicator aims to be a reference for the establishment of interest rates for credit operations in colones and dollars. This index meets the […]
La Platina’s closure on Monday
The bridge over Virilla River will be closed on Monday from 6:00 a.m. An official from the Central Communications of the Traffic Police reported that at this time no congestion is reported. However, after 6:00 a.m. only emergency vehicles and public transport will be able to travel in that area. According to the reports of […]
Starbucks to Present New Coffee with Costa Rican grains
Next Thursday, the coffee chain Starbucks will present its new coffee “Hacienda Alsacia”, made with grains grown on the first farm acquired by the company in 2013. The farm, located in the foothills of Poás Volcano in Alajuela, is used by Starbucks as a laboratory to improve coffee varieties, making them more resistant to climate […]
Trump Announces Renegotiation of Treaties with Mexico and Canada
On Sunday, US President Donald Trump said he would begin renegotiating the North American Free Trade Agreement (NAFTA) with the leaders of Canada and Mexico. We will meet with Canada’s Prime Minister [Justin Trudeau] and Mexico’s President [Enrique Peña Nieto] and we will begin NAFTA-related negotiations,” explained the President at a White House meeting. Trump […]
Costa Rican tourism model to be promoted in Germany
The Costa Rican sustainable tourism model will be promoted by the government of Germany. The Germans gathered the best sustainable tourism practices in Costa Rica to share them with the tourism sector of Tunisia through an international cooperation project that seeks to consolidate development models that are environmentally friendly. There will be two weeks of […]