Presidency says it is “realizing that fuel, electric prices are not under its control,” as public outcry grows
Email this page July 4th, 2014 (InsideCostaRica.com) As public outcry over recent price hikes in the cost of fuel and electricity grows, President Solís and Minister of the Presidency, Melvin…
Billion-dollar Guanacaste geothermal project approved on second reading
Costa Rica’s Legislative Assembly has approved on second reading a nearly $1 billion USD geothermal energy project in Guanacaste. Lawmakers unanimously approved the project three days ago on its…
Consumer prices in Costa Rica rising faster than last year
Email this page July 3rd, 2014 (InsideCostaRica.com) Costa Rica’s Consumer Price Index (CPI), which measures the overall rise in consumer prices, increased by 4.14% between January and June of this…
Gasoline prices to increase this weekend, hit new record high
Email this page July 3rd, 2014 (InsideCostaRica.com) Regulator ARESEP has approved an increase in gasoline prices requested by the Costa Rican Oil Refinery (RECOPE), which will likely take affect this…
Lawmakers approve $1 billion geothermal project in Guanacaste
Email this page July 2nd, 2014 (InsideCostaRica.com) Members of the Legislative Assembly unanimously approved in first debate yesterday a series of loan agreements toward the development of geothermal energy in…
Foreign investment in Costa Rica down 50% in first quarter
Email this page July 2nd, 2014 (InsideCostaRica.com) Foreign direct investment (FDI) fell 50% in the first quarter of this year compared to the same period in 2013, according to Costa…
Lawmaker seeks to increase income tax on any business not certified “carbon neutral”
Email this page June 27th, 2014 (InsideCostaRica.com) Lawmaker Jorge Rodriguez has introduced a bill that would increase income tax on any business that is not certified as “carbon neutral” by…
Despite high prices, you may not be getting what you pay for at the pump
Email this page June 26th, 2014 (InsideCostaRica.com) Despite the fact that Costa Rica has the highest fuel prices in the region, motorists may not be receiving the quantity or the…
