Archive for May 13th, 2008

Colon Wildly Fluctuates to Foil Speculators

Tuesday, May 13th, 2008

by Rod Hughes
Internet money speculators are playing hob with the value of the colon. Late last year, Costa Rica raised the value of its colon against the dollar and for a time only about 487 of the local currency was needed to buy a dollar. Last week, it went up […]

Costa Rican Aerospace Consortium Inks Contract

Tuesday, May 13th, 2008

by Rod Hughes
It may not be any threat to Boeing yet, but a new consortium, Costa Rican Aerospace Alliance (Coraal), has signed a contract with Ad Astro Rockets to build a platform on which to test Dr. Franklin Chang’s plasma rocket engine, the daily La Nacion reported late last week.
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Tico Companies Marketing Their Own Brands

Tuesday, May 13th, 2008

by Rod Hughes
We never thought we would ever see it, but Costa Rican companies are outsourcing in order to field their own brands even as the country woos foreign automotive parts firms to settle here. But the lure of cheap Asian labor is too good to resist.
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