Archive for the 'Costa Rica News' Category

Ambitious Plan: All High School Graduates Bilingual

Tuesday, March 11th, 2008

by Rod Hughes
All high school graduates will be bilingual in 2017, if a new plan launched by the Arias Administration is implemented. The demand for English-speaking workers for multinational companies in the country has far outstripped the supply–only one in 10 adult Costa Ricans are comfortable in a foreign language.
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Ticos Save More Despite Inflation, Low Interest Rates

Tuesday, March 11th, 2008

by Rod Hughes
Costa Rican colon bank deposits soared more than 15% during a year compared with 2007, despite a low inflation rate and double digit inflation, even adjusted for inflation, a Central Bank reports shows. Interest rates had dropped from 8% to 4% while last year’s inflation was 11.4%.
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