Archives for October 2018

Doing business in Costa Rica has become more difficult in the last year, according to the latest ranking of the Doing Business 2019 report, prepared by the World Bank, in which 190 countries participated. Costa Rica was ranked 67th this year, six places lower than a year earlier, below Mexico, Chile, Puerto Rico and Colombia. […]

The Costa Rican Institute of Aqueducts and Sewers (AyA) reported that as of October 31st and until November 20th, sanitary sewer works will be carried out around the Caribeños-Barrio Tournón bus terminal. This will affect transit, but not drinking water services. The works consist of the construction of three wells with a diameter of 2.44 […]

President Donald Trump wants to abolish the right to citizenship granted to all those born in US territory, according to an interview released on Tuesday. We are the only country in the world where, if a person arrives and has a baby, he becomes a citizen of the United States with all the benefits,” said […]

The New Republic Party must register within a period of three months, if it wants to participate in the municipal elections to be held in February 2020. According to Héctor Fernández, general director of the Electoral Registry of the Supreme Electoral Tribunal (TSE), all the groups have two years to complete the registration process. However, […]

The project of the fiscal reform, if approved, would contribute with 3.7% of the Gross Domestic Product (GDP) for the State. This was estimated by the Central Bank, who issued its opinion on the initiative and determined that the main impact for the country would be in the medium and long term. According to the […]

The exchange rate continues to rise and touches new maximum figures, both in the Foreign Currency Market (Monex), and in the banks. At 11:30 am this Tuesday, an hour and a half after the closing of the day of transactions in the wholesale market, the average was ¢608.94 colones, and some transactions even closed at […]