29September2008
Posted by Charlie under: Business & Real Estate; Economy & Politics; Travel and Tourism.
President Oscar Arias on a visit to China
Over the past year China and Costa Rica have been enjoying excellent relations following Costa Rica establishing diplomatic ties with Beijing in the place of its former partner Taiwan. Since then Costa Rican President Oscar Arias has visited the growing Asian Superpower whilst Chinese President HU Jintao is set to visit the Central American country in October. On top of this China has presented Costa Rica with funds to build a football stadium as well as dishing out a low interest loan to the Latin American nation.
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19September2008
Posted by Thomas under: Economy & Politics.
Water and Sewage Development
Following Costa Rican President Oscar Arias’ visit to Spain last week, the head of the National Water and Sewers Company of Costa Rica has announced a handsome donation by Spain of $35 million to be invested in water and sewage projects in the Central American country.
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11September2008
Posted by Charlie under: Economy & Politics; General News.
President Arias looks for Costa Rica to become a bilingual state
Throughout the world the English language is widely spoken and it commonly known as the international language of business. However in Costa Rica only 10% of the population claim to have a competent grasp of the language, something which President and Noble Peace Prize Winner Oscar Arias is keen to change.
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27August2008
Posted by carolinew under: Sport.
International Golf is set to hit Costa Rica this December after Tour de Las Americas announced a partnership with the Canadian Tour which sees tournaments of the popular sport also arrive in Argentina and Chile. The total prize money for the tour is a hefty $435,000 which is to be divided amongst the three countries.
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20August2008
Posted by Charlie under: Economy & Politics.
The Dalai Lama, leader of Tibetan Buddhists was set to visit Costa Rica this September however fears of causing a dispute with China have led to the high profile trip being cancelled. It was due to coincide with the exiled leader’s visit to America and several Latin American countries where he was expected to make a series of public presentations and deliver religious messages to crowds.
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8August2008
Posted by Charlie under: Sport.
Today sees the beginning of the 2008 Olympics in Beijing
The world of sport was united this morning when 2008 Olympics commenced amid a spectacle of fireworks and celebrations at the Bird’s Nest stadium in Beijing which included famous faces of over 80 different world leader and royals including the American President George Bush and China’s Hu Jintao.
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31July2008
Posted by Charlie under: Social Events.
San Jose says goodbye to the Cow Parade
Sunday morning brings about the end of the wildly successful “Cow Parade” which has seen fiberglass cows painted and paraded in downtown San Jose. The spectacle which arrived in the nation’s capital back in March when more than 100 of the cows herded into town is set to finish with a special send off parade which sees real cows as well as horses, buffalos and oxen amongst other animals say farewell to their colorful cousins.
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29June2008
Posted by admin under: General News.
Costa Rica has been seeing increases in fuel prices over the past year in excess of 25% and some residents of Costa Rica have said enough is enough and have looked at other forms of fuel to be dependent on. Currently Costa Rica has no infrastructure for electric cars and with road conditions being as bad as they are here it is unlikely that people will be jumping into their electric cars soon. Read the rest of this entry »
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26June2008
Posted by admin under: Economy & Politics.
New Driving Law is enforced in Costa Rica.
Costa Rica is a country famed for terrible drivers, lots of accidents and a lot of traffic. Ask any Tico and they will tell you how bad driving in Costa Rica is and how many accidents they see a day, they will probably also tell you the taxi drivers are the worse culprits. In an effort to reduce traffic in Costa Rica and also reduce accidents, the Costa Rican Government instigated a license plate ban on certain days for downtown San Jose between 6am - 9am and 4pm - 7pm. This means that if your licence plate ends in a 0 or 1 then you cannot enter the restricted area between these hours, and the same on Tuesday for 2 and 3, Wedensdya 4 and 5, etc (with Saturday and Sunday with no restrictions) Read the rest of this entry »
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24June2008
Posted by admin under: General News.
First of all having lived in Costa Rica for years and being a resident here I am proud to be an Englishman living in Costa Rica. I have no intention of returning the UK as I prefer living in a country with freedom and that is open to entrepreneurship without throwing numerous taxes and road blocks in the way of people trying to start a business. I think there is a reason that so many start up businesses in the UK go out of business so quickly. Costa Rica is a country where people are friendly and the country is beautiful. Even though the roads might not be super great and the pace of life is slower, this country is far superior to the UK in my eyes. Read the rest of this entry »
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14June2008
Posted by carolinew under: Company Goings on.
Costa Rica is a destination fast growing on the ‘must-see’ places in the world for families, friends and couples from the UK and I can back that up. I am English myself and have been living and working in Costa Rica for almost a year. I have been lucky enough to see many parts of the country, try out hotels and pass on all that knowledge to you guys… the eager holiday-goers! Read the rest of this entry »
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9June2008
Posted by Paul Smith under: Economy & Politics.
Costa Rica exports more than $660m in bananas a year
Costa Rica in 2007 exported more than $660 million in bananas of which 46% of these bananas were sold in the EU and the other sold to North America and other smaller countries. The countries big producers of bananas are Dole, Del Monte and Chiquita and they are currently working on reducing import taxes of bananas into the EU. Read the rest of this entry »
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4June2008
Posted by richardb under: Economy & Politics.
The port of Limon where Japdeva made up new over-time
The Costa Rican ‘Contraloria’, who control the budgets of Costa Rica, this week found out that Japdeva who control the ports of Limon and Moin have been over exagerating their overtime hours resulting in an extra payment of 2,800 million colones ($5.3 m). What was happening is that workers were working for 6 hours and being paid for 8 hours, effectively 2 hours extra over-time. Read the rest of this entry »
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30May2008
Posted by Paul Smith under: Economy & Politics.
Central Bank of Costa Rica
The Central Bank of Costa Rica, known as the ‘Banco Central’ has increased its electronic savings deposit rates by 1 percent. Therefore if you make a 30 day deposit, before it was 3.75% and this is now 4.75%, the 1 year rate was 4.59% and is now 5.59%. The President of the Central Bank, Paula Guitierrez stated that the increase of the dollar value against the colon allowed a window of opportunity to increase the rates. Read the rest of this entry »
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27May2008
Posted by admin under: General News.
Links between Costa Rica and FARC strengthen after recent mails.
Costa Rica’s largest provider of electricity, CNFL has decided to invest $4m into the Balsa Superior Hydro Electric Plant in between San Ramon and Alfaro Ruiz. However CNFL is part of the ICE Group who have a monopoly on the telecommunications market of Costa Rica and they deem the project to be inviable and highly risky. Read the rest of this entry »
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23May2008
Posted by Thomas under: Uncategorized.
Leatherbacks Success in Junquillal, Costa Rica
This year has seen a miracle; hundreds of Leatherback Turtles hatched in playa Junquillal during these last 6 months, turning it into a record breaker! This has been noted as being the most successful hatching season in years in this quiet beach in Guanacaste; 886 of these little hatchlings were born safely in nurseries, thanks to The Project for the Conservation of the Leatherbacks of the Pacific, which is part of the WWF.
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16May2008
Posted by chrisatkins under: General News.
Links between Costa Rica and FARC strengthen after recent mails.
Over the past 6 months there have numerous accusations thrown around Central America about the Columbian FARC movement and their link with Costa Rica and its government. Only recently it was report that a Costa Rican Principle had held $480,000 for a FARC leader without his knowledge. It was divulged yesterday that there had been intense correspondence between FARC and some Costa Rican Politicians. Read the rest of this entry »
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15May2008
Posted by Richard_Bexon under: Travel and Tourism.
Juan Santamaria Airport in San Jose is up from Administration grabs.
The International Airport Transport Association (IATA) has criticized the Houston Airport System (HAS) over their proposed overtaking of the Juan Santamaria International Airport in San Jose. The airport itself has be plagued with problems during construction by the Alterra group and Costa Rica is hoping for a better administration of the airport. Read the rest of this entry »
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14May2008
Posted by carolinew under: General News.
A fire raged in the Paseo de Flores yesterday
Yesterday at 12.20PM smoke could be seen coming from Heredia’s largest shopping Mall, Paseo de Flores as one of the stores inside caught on fire. The Mall was quickly closed down, people evacuated and numerous fire engines turned up at the mall to put the fire out. Read the rest of this entry »
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9May2008
Posted by chrisatkins under: Economy & Politics.
Chinese Flag flies high in Costa Rica
Costa Rica jumped ships faster than the Italians in World War II with it switch last year from Taiwan to China as their donating father. As China becomes a larger and larger player within world markets we may be set to see more of this bed swapping. Costa Rica in June 2007 broke ties with Taiwan for stronger relations with China and since then China has offered gifts like there is no tomorrow. Read the rest of this entry »
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