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Moody’s warns Costa Rica could face downgrade if fiscal reform delayed

Moody’s warns Costa Rica could face downgrade if fiscal reform delayed

April 23rd, 2014 (InsideCostaRica.com) Ratings agency Moody’s is warning that Costa Rica could lose its current Baa3 credit rating should the new government of Luis Guillermo Solís delay fiscal reform…

Video of Intel CEO contradicts government line on departure

Video of Intel CEO contradicts government line on departure

April 23rd, 2014 (InsideCostaRica.com) A video obtained by Spanish-language digital newspaper, CRHoy.com in which Intel CEO, Brian Krzanich, says that Intel’s decision to close its manufacturing operations in the country…

New Central Bank chief dismisses Citigroup’s grim Costa Rica forecast

April 23rd, 2014 (InsideCostaRica.com) Olivier Castro, who has been selected by President-elect Luis Guillermo Solís to head Costa Rica’s Central Bank, is dismissing a grim forecast by Citigroup that slashed…

Gasoline will hit record high price in May

Gasoline will hit record high price in May

  April 23rd, 2014 (InsideCostaRica.com) The price for a liter of regular gasoline (“Plus”) will hit an all time high in the month of May, rising ¢29 per liter to…

Venezuela aims to boost oil exports to China

Venezuela aims to boost oil exports to China

Venezuela hopes to boost its oil exports to China by more than half to a million barrels a day, President Nicolas Maduro said after talks with Chinese Foreign Minister Wang…

“La Trocha” to see 10 new bridges for $6 million over next 90 days

“La Trocha” to see 10 new bridges for $6 million over next 90 days

April 15th, 2014 (InsideCostaRica.com) The controversial border road between Costa Rica and Nicaragua which has become known as “La Trocha,” (officially, Route 1856) will see the construction of ten bridges…

Plan by McDonald’s in Costa Rica, Latin America would give pigs a little room to move

Plan by McDonald’s in Costa Rica, Latin America would give pigs a little room to move

April 15th, 2014 (InsideCostaRica.com) On Friday, Arcos Dorados – the largest operator of McDonald’s restaurants in Latin America and the Caribbean and the franchise holder for Costa Rica, announced its…

CustomerSpeak, formerly Datascension, closes shop; fires 500

CustomerSpeak, formerly Datascension, closes shop; fires 500

April 14th, 2014 (InsideCostaRica.com) US-based CustomerSpeak, which provides multilingual data collection and contact center services, has closed down its facility in Mall San Pedro in San José, leaving 500 workers…

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