The Costa Rican economy is estimated to grow 6.8% in 2006, surpassing last year’s 3.6% growth and the world average of 4.9% yearly growth, the Central Bank announced Friday.
Central Bank president Francisco De Paula Gutiérrez called the country’s economic balance this year “very positive” and said that it shows “strong growth.”
De Paula Gutiérrez also estimated […]
By Amanda Roberson , Tico Times Staff
As part of national efforts to combat crime against tourists, 141 tourism businesses owners graduated Saturday from a training course offered by the Public Security Ministry entitled “Security and its Impact on Tourism Development,” according to ministry spokesman Fabián Mesa.
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By the A.M. Costa Rica staff
The Devil’s bargain that Costa Rica has made with the sportsbooks is beginning to unravel, but so far the government has not taken any action.
In order to generate thousands of jobs, sportsbooks have been treated gently by official Costa Rica, even to the extent that any effort to really regulate […]
By the A.M. Costa Rica staff
Creditors of the defunct Banco Elka S.A. will meeting Friday for another round of checks.
Government regulators closed Banco Elka June 29, 2004, because the institution lacked solvency, they said. The action was a blow to a number of expats because the bank had actively sought their deposits.
The bank had more […]
By the A.M. Costa Rica staff
Tuesday may not be a national holiday by law, but President Óscar Arias Sánchez and his cabinet will move the government to Nicoya, as is tradition to celebrate the date when the Partido de Nicoya chose annexation by Costa Rica instead of Nicaragua.
That was in 1824, and the national holiday […]
By the A.M. Costa Rica staff
The nation’s emergency commission says work will start today on a seven-kilometer stretch of highway between Belén and Huacas in the Nicoya Peninsula. This is an important route for tourists who have faced damaged roads for the last year. It is a route to Tamarindo, Flamingo and other Pacific beach […]
