Costa Rica


Costa Rica News

  • Costa Rica Government Seeks to Expand Securities Market Trading

    Costa Rica’s government will pursue legislation to boost stock and bond trading for local and foreign investors, central bank President Rodrigo Bolanos and Vice-President Luis Liberman said.

  • Citi Forecast Rejected by Costa Rica Central Bank Nominee

    The man picked to lead Costa Rica’s central bank rejected Citigroup Inc.’s forecast that economic growth will be cut in half next year after Intel Corp. and Bank of America Corp. said they would fire 3,000 people.

  • Scotiabank Lags Peers as Latin America Markets Drag

    Bank of Nova Scotia, which has touted Latin America as an engine for growth, has lagged its Canadian peers over the past two years as sentiment soured on emerging markets.

  • Costa Rica’s Solis Names His Economic Team After Firings

    Costa Rican President-elect Luis Guillermo Solis appointed his economic team as the Central American country moves to reassure investors and the public after two foreign investors announced plans to cut jobs.

  • Citi Cuts Costa Rica Growth Forecast After Firings

    Citigroup Inc. cut Costa Rica’s growth forecast after Bank of America Corp. and Intel Corp. said they would fire 3,000 workers in the Central American nation following the opposition's victory in a presidential runoff.

  • Intel to Cut 1,500 Jobs as It Shutters Costa Rica Plant

    Intel Corp., the world’s largest computer-chip maker, is cutting 1,500 jobs as it closes an assembly and test site in Costa Rica that had served as a symbol of the Central American nation’s ties to the global economy.

  • Solis Wins Costa Rica Presidency After Opponent Quits

    Costa Rican opposition leader Luis Guillermo Solis won a landslide election victory yesterday after vowing to tackle the corruption that had fueled voter frustration with the government of President Laura Chinchilla.

  • Clues About the Lost Malaysia Flight Found on Rooftop Antennas

    In the chaos immediately following the disappearance of Malaysia Airlines Flight 370, a crucial source of data came from four rooftop antennas installed by aviation enthusiasts living near the flight path. The volunteers, who host the gizmos for a Houston-based company called FlightAware, captured clues aiding the search for the plane that went missing more than a month ago.

  • Banana Supply Seen by UN’s FAO at Risk as Disease Spreads

    A disease damaging banana crops in Southeast Asia has spread to the Middle East and Africa, posing risks to world supply and trade totaling $8.9 billion, according to the United Nations’ Food & Agriculture Organization.

  • Costa Rica’s Solis Favored to Win Vote After Rival Quits

    Costa Rican opposition candidate Luis Guillermo Solis is set to win a presidential runoff today after the ruling party’s candidate suspended his campaign, citing “a demand for a shift in power” among voters.

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