Some relief in electric rates coming in July
Some relief in the cost of electricity is coming in July due to increased rainfall associated with the rainy season, the Regulatory Authority for Public Services (ARESEP) has announced.As…
IDB approves $55 million loan to improve Nicaragua border posts, strengthen trade
Nicaragua will carry out a program to improve the operations of its border posts and strengthen the competitiveness of its foreign trade, with US$55 million in financing from the…
Costa Rica, South Korea to negotiate free trade agreement
Costa Rica and South Korea will begin negotiating a free trade agreement (FTA) this year that would provide duty-free trade on a wide range of products between the two countries,…
More than half of Costa Ricans support oil, natural gas exploration: poll
According to the latest opinion poll by the Costa Rica Institute of Technology (TEC), 51.1% of Costa Ricans support exploration for oil and natural gas within national territory.…
President Solis, gov officials and business leaders to convene at San José conference
Although Costa Rica continues to draw investors from around the world, challenges remain when it comes to boosting investment levels. Since taking office, President Luis Guillermo Solís has worked to…
La Nacion, El Financiero begin charging for online access
Grupo La Nacion (GN), Costa Rica’s largest news publisher, began charging for online access to its flagship newspaper La Nacion and its business and finance newspaper, El Financerio on Tuesday.…
RECOPE requests another significant hike in gasoline prices
The Costa Rican Oil Refinery (RECOPE) is seeking another significant hike in the price of gasoline in its latest request to the regulator ARESEP. …
AyA to borrow $130 million to fix leaking water system
The Costa Rican Institute of Aqueducts and Sewers (AyA) is in the final stages of securing $130 million in financing in order to repair leaks in its distribution network. …
