Hanes subsidiary is latest textile firm to leave Costa Rica, laying off 1,250
Email this page September 9th, 2014 (InsideCostaRica.com) Textile firm, Cartex, a subsidiary of U.S.-based Hanes Brands which has produced men’s underwear for export around the globe from Costa Rica for…
Solis presents gloomy 100 days report focused on corruption
Email this page August 29th, 2014 (InsideCostaRica.com) President Luis Guillermo Solis presented his “first 100 days” report to an audience of about 1,000 invited guests yesterday evening, in which he…
In first 100 days, just 11.2% believe Solís government is doing good job on economy
Email this page August 28th, 2014 (InsideCostaRica.com) The latest consumer confidence report by the School of Statistics at the University of Costa Rica shows that just 11.2% believe the new…
Super, regular gasoline drop by ¢36, ¢30 per liter as of today
Email this page August 28th, 2014 (InsideCostaRica.com) Good news for motorists – a reduction in the price of gasoline approved by regulator ARESEP came into effect today. Effective today,…
Banks must soon retain 2% of credit card payments as advance payment of income tax
Email this page August 28th, 2014 (InsideCostaRica.com) Beginning October 1st, banks must begin retaining 2% of merchant transactions using credit and debit cards as partial prepayment of businesses’ income tax,…
Used car expo kicks off today, fourteen dealers to be on hand until Sunday
Email this page August 27th, 2014 (InsideCostaRica.com) The Association of Vehicle and Machinery Importers (Aivema) will kick off its used car expo today at the Pedregal Event Center. The event…
Costa Rican plastics company to move to Nicaragua, cites high utility, labor costs
Email this page August 27th, 2014 (InsideCostaRica.com) Yanber S.A, a Costa Rican producer of plastic bags and packaging, has announced it will relocate to Nicaragua, laying off all 180 of…
44% of Costa Ricans work in informal economy
Email this page August 22nd, 2014 (InsideCostaRica.com) According to the National Institute of Statistics and Census (INEC), 44% of Costa Ricans worked in the informal economy in the fourth quarter…
