Archive for July 4th, 2006

Foreigners Invest More Than $400 Million in Real Estate in Past Two Years

Tuesday, July 4th, 2006

Foreigners have invested about $400 million in real estate in Costa Rica in the past two years, according to the results of a study carried out by the Central Bank published yesterday in the daily La Nación.
Foreign real-estate investment reached $176 million in 2004 and $224 million in 2005, and the northwestern Guanacaste province showed […]

Mini construction boom hits Caribbean’s Cahuita

Tuesday, July 4th, 2006

By Annette Carter
Special to A.M. Costa Rica
There’s a mini construction boom in Cahuita, a small village on Costa Rica’s Caribbean coast about an hour south of Puerto Limón.  A portion of the road leading into Cahuita from the highway is being paved, Cahuita’s first shopping center is under construction and scheduled to open in October […]

Soccer coach resigns after World Cup disaster

Tuesday, July 4th, 2006

By the A.M. Costa Rica staff
Alexandre Guimaraes, the coach of the Costa Rican national soccer team, said Monday he no longer held the job.
His leaving had been anticipated because the national team lost three straight games in the World Cup in Germany last month.
Guimaraes probably is the most hated man in Costa Rica after the […]

Executive branch trying to get OK on sewer loan

Tuesday, July 4th, 2006

By the A.M. Costa Rica staff
The executive branch held what were called emergency meetings with leaders of the major parties in the Asamblea Legislative Monday to point out that a big loan from Japan has a July 31 deadline.
The loan, some $130 million with a mere 2 percent interest, is designed to pay for part […]