Central Bank has already spent 10x last months’ figure to defend exchange rate
March 21st, 2013 (InsideCostaRica.com) Costa Rica’s Central Bank has already purchased more than $185 million in the Monex wholesale market to defend the floor of the dollar exchange rate so…
Municipality of Nicoya won’t apply “dry law” this year
March 21st, 2013 (InsideCostaRica.com) After changes in the law, municipalities now have the power to decide for themselves whether to enforce the traditional “dry law” that prohibited the sale of…
Partial payment of income tax should be made before Wednesday
March 21st, 2013 (InsideCostaRica.com) If you’re a business owner or self-employed, don’t take off for Holy Week vacation without remembering to make your partial payment of income tax before you…
470 kilograms of cocaine seized in South Pacific
March 21st, 2013 (InsideCostaRica.com) Costa Rican authorities said tests confirmed they seized 470 kilograms of cocaine off a vessel they stopped in the South Pacific on March 18. Drug…
Number of people over 65 in Costa Rica will triple over next 40 years
March 21st, 2013 (InsideCostaRica.com) The number of people over 65 will triple in Costa Rica by 2050, while children under 15 years of age will be reduced, according to projections…
Exporters fear, warn against floating colon, continue to lose millions to poor exchange rate
March 20th, 2013 (InsideCostaRica.com) The appreciation of the colon in the last three years has cost exporters of coffee, sugar and meat around $140 million, according to a study by…
Business sector wants government to declare national emergency over electricity rates
March 20th, 2013 (InsideCostaRica.com) The president of the Costa Rican Union of Chambers and Associations of Private Enterprise (UCCAEP), Jaime Molina is calling on the government’s Executive Branch to declare…
Months of protests have resulted in 51 cantons declaring themselves GMO-free
March 20th, 2013 (InsideCostaRica.com) After months of protests, lectures, and meetings throughout the country by different groups of activists opposed to genetically modified crops, 51 cantons have so far declared…
