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Friday, August 28th, 2015  |  USD: Buy 527.44 / Sell 539.87
   

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Costa Rica consumer confidence takes biggest quarterly nosedive in 14 years

Consumer confidence in Costa Rica has taken the biggest quarterly nosedive seen in 14 years, falling 8.3 points since May of this year alone, and 18.2 points since May of…

Panama Canal suspends planned draft restriction due to recent rains

Panama Canal suspends planned draft restriction due to recent rains

The agency that operates and manages the Panama Canal said Friday it has suspended a planned draft restriction that was scheduled to go into effect early next month, citing a…

Global market volatility making investors uneasy

After Chinese market volatility killed the momentum of a rally spurred by optimism about U.S. economic growth, U.S. stock futures and European shares fell Friday, the Wall Street Journal reported.…

Air Panama to begin flights between San Jose, Costa Rica and Bocas del Toro

Air Panama to begin flights between San Jose, Costa Rica and Bocas del Toro

Air Panama will begin offering flights between San Jose, Costa Rica and one of Panama’s most popular tourist destinations, Bocas del Toro beginning on October 1st, the company has announced.…

China’s troubles stoke anxiety in Latin America

As the plunge in Chinese stocks rattles global financial markets, Beijing’s economic slowdown is stoking fears of more dismal times to come for Latin America’s sluggish economies, many of which…

Costa Rica pineapple growers expect losses of $100 million this year, blame climate change

Costa Rica pineapple growers expect losses of $100 million this year, blame climate change

Costa Rica’s National Chamber of Pineapple Producers (Canapep) expects to end the year with $100 million worth of lost pineapple exports, and growers are blaming climate change which they say…

“Black Monday” – US, global stock markets plummet

U.S stocks plunged Monday, with the Dow Jones Industrial Average plummeting more than 1,000 points following a global stock sell-off across European and Asian markets as fears escalated about China’s…

Uber to launch in Costa Rica at 4 p.m. Friday, officials say drivers face vehicle impound

Uber to launch in Costa Rica at 4 p.m. Friday, officials say drivers face vehicle impound

The controversial “driver-for-hire” smartphone app, Uber will launch in Costa Rica today (Friday) at 4 p.m., the company announced online.Uber said that new users can use the code…

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