Closure of Intel manufacturing slowed export growth, latest report shows
Email this page August 21st, 2014 (InsideCostaRica.com) Costa Rican exports for the first seven months of 2014 grew just 1.4%, according to the latest report by foreign trade promoter, Procomer.…
Guanacaste water shortage has hotels threatening to close their doors, layoff staff
Email this page August 21st, 2014 (InsideCostaRica.com) PLN lawmaker, Juan Marin said this week that the chronic water shortage in Guanacaste is so bad that nine hotels in Tamarindo and…
BCR, Banco Nacional introduce 40-year mortgages
Email this page August 21st, 2014 (InsideCostaRica.com) The State-owned banks, Banco de Costa Rica (BCR) and Banco Nacional have introduced 40-year mortgages in colones, the longest term offered to date…
At least 23 new hotels coming in the near future; will add nearly 2,500 rooms
Email this page August 19th, 2014 (InsideCostaRica.com) Another 23 new hotels that are under construction or with approved construction permits will add an additional 2,444 rooms to the country’s inventory,…
Costa Rican Oil Refinery in long battle with tax authorities
Email this page August 19th, 2014 (InsideCostaRica.com) The Costa Rican Oil Refinery (RECOPE) has been charged more than $180 million (¢96.6 billion) in penalties and interest by the Treasury as…
Panama Canal turns 100 years old today amid growing pains
Email this page August 15th, 2014 (VOA) The Panama Canal turns 100 years old today. Officially opened on August 15th, 1914, the 77-kilometer channel joins the Atlantic and Pacific Ocean at…
Drought in Guanacaste has already caused losses of nearly $38 million
Email this page August 13th, 2014 (InsideCostaRica.com) Costa Rica’s Guanacaste province, which has been especially hard hit by the worst drought the country has seen in 75 years, has already…
Tax authorities scouring Internet, social networks for vacation rentals
Email this page August 13th, 2014 (InsideCostaRica.com) Costa Rican tax authorities said in recent days that they have begun scouring the Internet and social networking sites such as Facebook for…
