Archive for July, 2006

Continued economic growth predicted for region for this year

Thursday, July 27th, 2006

Special to A.M. Costa Rica
Latin America and the Caribbean will enjoy a fourth consecutive year of economic growth in 2006, reports a U.N. economic commission for the region.
The U.N. Economic Commission for Latin America and the Caribbean said the region’s gross domestic product will grow by about 5 percent in 2006.  The forecast was made […]

Firm picked to clean up garbage-ridden Tibás

Tuesday, July 25th, 2006

By the A.M. Costa Rica staff
The national emergency commission has selected a contractor to pick up the garbage in the Cantón de Tibás for six months. The firm is WWP, the trash hauler, and the contract went into effect Monday.
Tibás has been buried in garbage during a dispute of several years over municipal finances. Trash […]

Guanacaste Annexation Celebrated Today

Tuesday, July 25th, 2006

Ticos around the northwestern Guanacaste province this week are celebrating the province’s decision to secede from Nicaragua and become part of Costa Rica in 1824.
Though today is the official anniversary of the day the province was annexed, the Annexation of Guanacaste Day national holiday was moved to July 31 because of a May 2005 law […]

Simón Bolívar Zoo Celebrates 90 Years

Tuesday, July 25th, 2006

By Adam Foxman, Tico Times Staff
The Simón Bolívar Zoo in San José’s Barrio Amón celebrated its 90 th anniversary yesterday with music, candles and reconciliation.

Elementary and high school students who won a […]

Costa Rican Economy Likely to Grow 6.8% This Year

Monday, July 24th, 2006

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 […]

Tourism Businesses Receive Security Training

Monday, July 24th, 2006

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.
[…]

Sportsbook crackdown puts Costa Rica on the spot

Monday, July 24th, 2006

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 […]

Elca creditors to meet

Monday, July 24th, 2006

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 […]

Traditional meeting set for Tuesday in Nicoya

Monday, July 24th, 2006

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 […]

Work starting on road to Pacific beach towns

Monday, July 24th, 2006

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 […]