San Jose Archbishop Jose Rafael Quiros, prayed yesterday at a 3pm Mass, at the Metropolitan Cathedral, asking that those who aspire to the Presidency stay away from temptations. The bishop prayed that the faithful seek God’s guidance and candidates avoid corruption in public office. More specifically the Bishop prepared a “beatitudes of politicians”, which set […]
National franchises want to enter or expand their presence on Isthmus
Local franchises that want to expand their presence or venture into other Central American countries will attend Expofranquicias 2014 in Panama City, on the 11th and 12th of September. Costa Rica has 233 franchises, of which 189 are international and 44 are national, representing sectors that include restaurants, education, and veterinary services. The legal framework […]
Central Bank intervened with $4.9 million to stabilize dollar market
Authorities of the Central Bank of Costa Rica (BCCR) injected $4.9 million in the local currency market in order to curb the sudden rise in exchange rate for the U.S. dollar. On Thursday, the rate to sell colones reached ¢519 in the local market and ¢526 on the international Monex market. The daily average sell […]
Dollar price reaches 512.11¢ on Wednesday
At 3:34 pm, according to the website of the Central Bank, the weighted average price of dollars reached ¢512.11. Tuesday’s close was ¢507.69. As of Thursday morning the rate to buy colones via the Banco de Costa Rica is 509. Entidadl president, Rodrigo Bolaños said, late last year, the central bank felt less net supply […]
Real estate firms seek more residences for foreign retirees
According to a study published by the New York Times, and based on information from the American Association of Retired Persons (AARP), Costa Rica is a popular destination for retirees from the United States and Canada. The specific places that older adults are seeking include Escazú and Santa Ana (in the Central Valley), and the […]
ARESEP detects anomalies in one of five gas stations
Following a series of inspections, the Regulatory Authority for Public Services (Aresep) found abnormalities in 62 gas stations out of a total of 346, located throughout Costa Rica. The irregularities are related to the presence of water or sediments (45 cases), changes in the temperature of inflammation (14), different from stated coloring (6), corresponds to […]