The judicial investigation police (OIJ) dismantled an auto robbery band in 10 raids deployed in several points of the Great Metropolitan Area. Christian Montenegro, deputy chief of the criminal investigation department, said that 14 people were detained, among they there are five notary lawyers. These subjects would rob cars in Costa Rica and Panama, then […]
Finance Ministry wants to tax cash withdraws higher than ¢500.000
Instead of charging a tax of 0,002 percent on electronic transactions higher than ¢100.000, the Finance Ministry would consider a tax on cash withdraws larger than ¢500.000. Fernando Rodríguez, vice-minister of Income, said the measure would be similar to to what other countries have applied. “Taxing cash withdraws increases the use of electronic transactions and card payments. The finance […]
Square meter price of middle class housing lowers 5000 colones
The square meter price of construction for middle class housing decreased 2,1 percent (about 5000 colones) in the first quarter of 2016 compared with the last quarter of 2015. Back then the price was 300.000 colones and now stands at 295.000 colones by square meter. That is what the Quarterly Economic Activity Index (ITAEC) points […]
A craving’s awakening: arrives “Festival Siropeando”
Ice, sirop, condensed milk, and powder milk are the main ingredients of the famous ‘granizado’ (slush), a popular frozen dessert in Costa Rica. Even though you’re probably thinking in going to Caldera or by the surroundings of ‘Basílica de los Ángeles’, this Thursday May 19 you won’t have to go until there to enjoy this […]
Exports and tourism sectors ask to review US$ price
The exporter and touristic sector sent a letter to Banco Central de Costa Rica (BCCR) suggesting to review the foreign currency exchange policy to favor the country’s competitiveness on their activities. Laura Bonilla, president of the Chamber of exporters, said that they’re concerned for the loss of competitiveness of these sector facing other nations that […]
Unlike the ‘maras’? This is how ‘ticos’ blackmailer works
With differences and similitude with Salvadorian gangs known as ‘maras’, this is how Organismo de Investigación Judicial (OIJ) considers the criminal groups that extort money in the Great Metropolitan Area of San José. Similar extortions haunt other Central American countries. Michel Soto Rojas, chief of the Plans and Operations Office of OIJ, said that based […]