Costa Rica hopes to sell $1 billion in public debt to China to help plug fiscal deficit
The government of Costa Rica, faced with the need to obtain external financing to cover its 2016 budget, is hoping that China will fill in the gap by purchasing $1…
Waste-to-energy plant will turn plastic bags into synthetic fuel in Nicaragua’s capital
The plant will have the capacity to process 20 tons per day of plastic waste, producing about 100 barrels of synthetic fuel per day.…
Costa Rica gasoline prices to drop by more than 10 percent for October
Gasoline prices will drop more than 10 percent beginning in October after regulator ARESEP approved the lower prices on Monday.…
Costa Rica’s ICE slashes use of fossil fuels by a remarkable 94 percent
The Costa Rican Electricity Institute (ICE) slashed its used of fossil fuels for electric generation a remarkable 94 percent during the first eight months of this year compared to the…
Panama Canal maintains April 2016 start date for expanded waterway
The Panama Canal Authority, or ACP, is maintaining an April 2016 start date for the revamped inter-oceanic waterway, although it said Wednesday it was still waiting for the consortium in…
No plans to devalue colón, Costa Rica’s Central Bank says
In an official statement sent to ICR News on Thursday, Costa Rica’s Central Bank said it has no plans to intervene in the exchange rate of the colón, despite statements…
US announces new easing of limits on travel, trade with Cuba
The U.S. government announced Friday a new easing of the limits on travel and trade with Cuba, which includes the authorization, under certain conditions, of offering telecom services, opening bank…
Costa Rica’s Central Bank considering devaluation of exchange rate
Costa Rica’s Central Bank is considering a devaluation of the colón and an adjustment to the Bank’s key interest rate, acting Minister of Finance, Jose Francisco Pacheco said Wednesday on…
