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Insidecostarica.com - San José, Costa Rica  - Sunday 18 September  2005

 

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US$6 Million for Research
The Government of South Korea offered Costa Rica  us$6 million to establish an institute of joint research on biodiversity. This was one of the leading agreements reached by President Abel Pacheco and his Korean peer Roh Moo-hyun at a Central America and Korea Summit last week.

High Speed Internet At Lower Cost Coming October 1
The Radiografica Costarricense S.A. (Racsa) announced earlier this month that beginning October 1 it will more than double the internet connection for it's customers, keeping the cost the same.

Top Dollar Reserves
In spite of the larger oil bill, the Costa Rican dollar reserves -destined to challenge emergencies - currently have reached a historical maximum of us$2,4 billion dollars, us$795 million more than in September last year.

US$1.6 Million Diverted
London reinsurance firm PWS International disclosed the existence of a discretionary fund which handled us$1.6 million in six years, allegedly for the training and travel expenses of officials from the Costa Rican state National Insurance Institute (INS) - the national insurance company.




 



 

 
   

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