Delays on expropriations of properties and public services relocation, have cost Costa Rica 324 million of colones, which will be credited to the contractor of Paso Ancho viaduct. The project’s original budget was $10 million (5.46 billion colones). The construction started in 2014 and the delivery date has been postponed for 9 months. The new […]
Economic activity slowed down for second month in a row
The economic activity index slowed down in April, registering a fall for the second consecutive month in 2016. However, it grew 4.7 percent compared to April 2015, according to a monthly report by Costa Rican Central Bank (BCCR). The slower growth pace was partly caused by a lesser commercial activity that has been decreasing for […]
Burger King announces its comeback to Costa Rica
The fast-food brand Burger King is returning to Costa Rica, after sealing an agreement with a new franchisee that will operate the chain in the local market. According to a press release, the franchisee will present the reopening plan on June, 14th. Burger King left Costa Rica on October 2015, after a breach-of-contract conflict with […]
RECOPE asks for fuel price increase
Costa Rica’s oil refinery (RECOPE) requested authorization to increase gas and diesel prices, for what would be the third rise of 2016. If the request is approved, a super gas liter would go up from ¢518 to ¢602; regular gas would increase from ¢498 to ¢568/l; and diesel cost would rise from ¢380 to ¢450/l. […]
28 more people affected by Zika within a week
Since last week, there have been 28 more Zika cases for a total of 98 people infected in Costa Rica. According to an official report updated on June, 8th, there were 63 cases located in Garabito district, in Puntarenas province. The health ministry has sent 50 sanitary workers to contain the disease in this area. […]
The price for vehicle emission test will increase
The price of vehicular technical revisions (RITEVE) will increase by 1,000 colones, in order to finance a new kind of vehicle emissions test. The cost for a technical revision for a standard vehicle on average will reach to 10,390 colones. According to deputy minister of transportation, Sebastián Urbina the revision fee for standard vehicles will […]