Archives for August 2019

Legislator Paola Vega, from Acción Acción Ciudadana (PAC), presented a bill to protect the labor rights of digital platform workers, such as Uber Eats and Glovo. New technologies have generated innovative business models. For these enterprises to benefit the entire society, modern and appropriate regulatory frameworks must be created. In particular, we require new legal […]

President Carlos Alvarado supported the position of the Minister of Finance, Rocío Aguilar, who suggested that institutions that don’t want to apply the fiscal rule can do so as long as they look for ways to finance themselves. The President said that this possibility could be used by public universities and the Costa Rican Social […]

Seven out of ten Costa Ricans rate the work of the government in the last quarter as bad, while only 8% say they have done a good job and 19% say they do what is necessary. The data are derived from the latest Consumer Confidence report, published by the UCR. In the last three months, […]

After several weeks down, the Passive Basic Rate (TBP) will end August with an increase of 15 basis points. Now, it stands at 5.85%. The TBP is a reference that financial institutions use to calculate how much they will pay for savings interest or for the loan fee. Any movement in this rate directly affects […]

Six tourists were rescued by members of the Coast Guard on Thursday morning after drifting in a boat from the Negritos Island sector in the Gulf of Nicoya. This was reported by the Press Department of the Ministry of Public Security. The incident occurred at about 8:05 am, when they called 911. At that time, […]

The Chamber of Industries of Costa Rica congratulated the Costa Rican Fire Department after the latter asked the Special Commission of the Legislative Assembly to be on the list of essential activities for which file 21.049 bans strikes. This is stated in a letter signed by the president of the Chamber of Industries, Enrique J. […]