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HRH Prince Alwaleed Bin Talal Saudi Arabian Prince Makes Philanthropic History

HRH Prince Alwaleed Bin Talal HRH Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, Chairman of the Board of Trustees of the Alwaleed Philanthropies, today announced his intention to donate all of his wealth to philanthropy over the coming years to help build a “better world of tolerance, acceptance, equality and opportunity for all.” This $32 billion philanthropic pledge will help build bridges...

Wikimedia Commons Wake Up and Smell the Low Carbon Coffee in Costa Rica

United Nations Framework Convention on Climate Change – Nearly 10% of Costa Rica’s greenhouse gas emissions stem from coffee production, an industry integral to Costa Rica’s national identity and economy. Café Costa Rica is a nationally appropriate mitigation action (NAMA) that takes a giant step towards Costa Rica’s ambitious goal of carbon neutrality by 2021 while also strengthening a vital indu...

PerHeadStore.com Sportsbooks in Costa Rica Expand Despite US Crackdown

PerHeadStore.com San José, Costa Rica – Today, Per Head Store has announced that the company has hired 21 additional programmers to its existing team. This step is not only important for the company to stay on top if it comes to delivering software products that are innovative and leading in its niche, but also a great benefit for the local community in Costa Rica, as this step also creates ne...

Wikimedia Commons The Greece of the Americas? Puerto Rico is Broke

Wikimedia Commons Washington, Jun 29 (EFE).- The U.S. government is not planning a federal bailout for Puerto Rico although the island is having severe financial problems and says its debt is unpayable, White House spokesman Josh Earnest said Monday. "There's no one in the administration or in D.C. that's contemplating a federal bailout of Puerto Rico," Earnest said at his daily press confe...

Cargill Cargill Opens New International Business Center in Costa Rica

SAN JOSE, COSTA RICA--(Marketwired - Jun 26, 2015) - The multinational company Cargill opened its Cargill Business Services (CBS) center in Costa Rica. This business unit will provide services to the Americas in the areas of Finance and Human Resources, and in the future it will add services in information technology, strategic sourcing, transportation and logistics. Cargill decided to accelera...

Source: ATL Tech Tech Manufacturer Expands in Costa Rica

Source: ATL Tech SPRINGVILLE, Utah, June 26, 2015 /PRNewswire/ -- ATL Technology, LLC, a top provider of electromechanical contract manufacturing of assemblies and devices with specialties in single use solutions, headquartered in Springville, Utah, has announced the acquisition of MedConx, Inc. (a California corporation with locations in Santa Clara, CA, and San Jose, Costa Rica). This acq...

File photo Mining Firm Needs More Money to Fight Costa Rica

Alleged Greenwashing by Infinito Gold Infinito Gold, the infamous Canadian mining and exploration company that was summarily prohibited from carrying out business in our country by popular demand, is in need of more money to pursue its lofty and quixotic arbitration claim against the government of Costa Rica. As reported by The Costa Rica Star in February: recently announced its acceptanc...

Mississippi Mississippi Wants to Do Business with Costa Rica

Jackson, Miss. (June 23, 2015) – Representatives from Mississippi Development Authority will lead a delegation of Mississippi companies on a business development mission to Central America Sept.19-25, 2015. The trip is designed to connect Mississippi businesses that want to expand trade and create new business relationships with qualified buyers in Costa Rica, Nicaragua and Panama. With the ...

Paso Canoas. Source: Wikimedia Commons Costa Rica Gets $100 Million to Improve Borders

Crossing into Nicaragua from Costa Rica at the border The Inter-American Development Bank (IDB) has approved a $100 million loan to the Costa Rican government to finance its Border Integration Program. The goal of the program is to increase the country's competitiveness in foreign trade by modernizing its infrastructure and equipment, establishing processes and tools for effective controls ...

Source: PokerStars Cristiano Ronaldo, Brand Ambassador for Costa Rica’s PokerStars

Source: PokerStars MONTREAL, May 27, 2015 /CNW/ - Portuguese football/soccer superstar Cristiano Ronaldo has joined Team PokerStars as a brand ambassador and will promote the game and the brand in global marketing campaigns, PokerStars, an Amaya Inc. (TSX:AYA) brand, announced today. The superstar player announced his new role via a personal video placed on his Facebook page where he is the...

inflation Cost of Living Skyrockets in Costa Rica While Salaries Stagnate

Costa Rica is an increasingly expensive and prohibitive destination for foreign companies that wish to transfer their executives and staff to our country. Such was the report recently broadcast by national television network Teletica, which cited a research study by consulting firm Mercer Global. According to the Mercer report, the Greater San Jose Metropolitan Area (Spanish initials: GAM) rank...

SunEdison U.S. Company Acquires Renewable Energy Assets in Costa Rica

Solar Energy Park in Guanacaste, Costa Rica MARYLAND HEIGHTS Mo., June 16, 2015 /PRNewswire/ -- SunEdison, Inc. (NYSE: SUNE), the world's largest renewable energy development company, today announced that it has signed a definitive agreement to acquire 100 percent of Globeleq Mesoamerica Energy (GME), Central America's leading renewable energy company. SunEdison will acquire a 70 percent inter...

Solar power recharging station for electric vehicles in Costa Rica Renewable Energy Learning Program from EARTH University

Solar power recharging station for electric vehicles in Costa Rica SAN JOSÉ, Costa Rica--(BUSINESS WIRE)--The prestigious EARTH University of Costa Rica and the German expert in capacity building Renewables Academy (RENAC) have launched the distance learning programme “Especialización en Energías Renovables”. This one-year interdisciplinary programme delivers knowledge about technology, all ph...

Source: Wikimedia Commons US Economist Praises Value of Nature Conservation in Costa Rica

Rainforest in Costa Rica Atlanta, Georgia (PRWEB) June 16, 2015 -- Protected forested areas in Brazil, Costa Rica, Indonesia and Thailand have prevented the release of more than 1,000 million additional tons of carbon dioxide into the atmosphere, an economic service provided by nature worth at least $5 billion, according to new research by Georgia State University economist Paul Ferraro with a...

Source: Mondelez Global Snack Leader Now Hiring in Costa Rica

Source: Mondelez SAN JOSE, COSTA RICA--(Marketwired - Jun 15, 2015) - Mondelez International, proud maker of iconic brands such as Gallito and Oreo biscuits, Tang beverages, Trident gum and Halls candy, announced today that it has chosen Costa Rica as the location for a new Employee services (Human Resources) center that will support its North America business. The company confirmed tha...

US Commerce Department building. Wikimedia Commons US Commerce Department Highlights Trade in Costa Rica

US Commerce Department building. Wikimedia Commons June 8 2015 -US Dept. of Commerce- American businesses are expanding their networks to include Central American countries as additional markets for their goods and services. With assistance from the Commerce Department’s Foreign Commercial Service, two U.S. companies are establishing new global export markets within Costa Rica. The first co...

SC Johnson SC Johnson is a Great Place to Work in Costa Rica

RACINE, Wis., June 9, 2015 /PRNewswire/ -- SC Johnson announced it ranked number two out of 88 companies on the 2015 Great Place To Work list in Central America. SC Johnson Costa Rica has been recognized by the Great Place to Work® Institute as a Top 5 company for eight consecutive years. "Being recognized by Great Place to Work in Central America is a testament to the company's commitment to p...

Sylvania Costa Rica LED Lighting Market Set to Grow in Costa Rica

Sylvania Costa Rica By Carolina Ruiz Global unit shipments of LED lamps and modules are expected to grow at a compound annual growth rate (CAGR) of 19% between 2015 and 2024, revealed the latest Navigant Research report on this matter. This report analyzes the global market for LED lamps and modules across all major space lighting uses, as well as market issues, including drivers and tre...

Wikimedia Commons DGX Increases Shipping Frequency to Costa Rica

Wikimedia Commons RANCHO DOMINGUEZ, CA, Jun 02, 2015 (Marketwired via COMTEX) -- Dependable Global Express (DGX) is pleased to announce an increase in the frequency of current sailings of less-than-container-load ("LCL") shipments from the West Coast of the United States into the West Coast ports of Central and South America. Moving to a weekly sailing schedule, effective immediately, include ...

Otentik Sunshade Who said you can’t enjoy the beach and protect yourself from the sun too?

Pets love Otentik sunshades Millions of people around the world suffer from skin cancer conditions that can be minimized or prevented by lowering exposure to the harmful ultraviolet (UV) rays of the Sun. According to the American Cancer Society, melanoma skin cancer is often caused by overexposure to the UV radiation from the Sun, and this is an important matter to consider in Costa Rica, a na...

Sloth Witty Costa Rica Tourism Promotion Heads to Movie Theaters

ICT Press Release -- Throughout May and June 858 movie theaters located in some of the cities with a large concentration of ‘best prospects’ in the US and Canada will screen the promotional video from the international publicity campaign titled: Save The Americans, Save The Canadians, respectively. According to Mauricio Ventura, Minister of Tourism, the different tactics that complement the cam...

Nearly 100 participants from Latin America and the Caribbean learned how to apply credit union advocacy lessons in their respective countries. Source: CU Insight Global Credit Union Workshop Hosted in Costa Rica

Nearly 100 participants from Latin America and the Caribbean learned how to apply credit union advocacy lessons in their respective countries. Source: CU Insight SAN JOSE, COSTA RICA (May 29, 2015) CU Insight Press Release — CUNA Chief Advocacy Officer Ryan Donovan and Senior Vice President of the League of Southeastern Credit Unions and Affiliates Jared Ross shared best practices and key prin...

Gaia Herbs Top U.S. Herbal Brand Grows Organic Products in Costa Rica

BREVARD, N.C.--(BUSINESS WIRE)--Gaia Herbs™, the leading herbal brand in North America, extends an invitation to meet your herbs like never before with the newly expanded iteration of the company’s groundbreaking online herb transparency platform. MeetYourHerbs®, which is the only website of its kind in the Natural Products Industry, continues Gaia’s commitment to traceability and accountability, ...

Pixabay Commons Improve Your Lighting to Increase Your Productivity

Pixabay Commons By Carolina Ruiz Vega Visual fatigue, exhaustion, stress, and headaches… Improper lighting can make you feel sick; the right lighting, on the other hand, can benefit your performance, your health, and even your mood. Illumination conditions are known to influence people’s moods and productivity. Several studies have shown this relationship; research by Cornell Universi...

BICSA in Panama. Wikimedia Commons Ratings Affirmed for International Bank of Costa Rica

BICSA in Panama. Wikimedia Commons NEW YORK & SAN SALVADOR, El Salvador--(BUSINESS WIRE)--Fitch Ratings has affirmed Banco Internacional de Costa Rica's (BICSA) Issuer Default Rating (IDR) at 'BB+' and its Viability Rating (VR) at 'bb' following a peer review of Panama's midsized banks. Fitch also affirmed BICSA's National Ratings in Panama. The Rating Outlook for the bank's IDR and Long-T...

New Bennigan's look. Wikimedia Commons Bennigan’s Restaurant Brand Travels to Costa Rica

New Bennigan's look. Wikimedia Commons SAN SALVADOR, EL SALVADOR (May 20, 2015) – Bennigan’s has long been one of the most popular American restaurant brands across the globe. Its focus on chef-driven food, innovative drinks and friendly Irish hospitality has helped it stand apart from other concepts that have come and gone over the years. Today, Legendary Restaurant Brands, owner of the ic...

Wikimedia Commons Five Major Banks Involved in Global Criminal Conspiracy

Washington, May 20 (EFE).- The U.S. government said Wednesday that five of the world's largest banks have agreed to pay a combined total of nearly $3 billion in criminal fines and penalties for rigging currency rates. Those global financial institutions "for years participated in a brazen display of collusion and foreign exchange rate market manipulation and will as a result pay a total of near...

Traffic Air Bag Issue May Affect Cars Imported from U.S. to Costa Rica

Washington, May 19 (EFE).- Japanese auto parts maker Takata agreed to recall more than 33 million vehicles in the United States, acknowledging that the air bags it installed in them are defective and could cause serious injury to motorists. The U.S. Department of Transportation and the National Highway Traffic Safety Administration said Tuesday at a Washington press conference that Takata has a...

Wikimedia Commons Organic Baby Food Coming to Costa Rica

Wikimedia Commons Bogota, May 6 (EFE).- Colombia's first organic puree brand, which boasts chemical- and preservative-free ingredients and environmentally friendly packaging, is looking to compete in Latin America's baby-food market, having already begun expanding to the neighboring countries of Ecuador and Panama. Baby Faves Organics has been sold since last year by Colombia-based Odaco Gr...

EFE/File Increased Remittances From the U.S. to Central America

Washington, May 12 (EFE).- The volume of remittances received in Latin America last year topped the previous high of $65 billion reached in 2008, the Inter-American Development Bank said Tuesday, crediting the increase to an improving U.S. economy. Remittances to Latin America and the Caribbean in 2014 totaled $65.38 billion, according to figures compiled by the IDB. The economic crisis cont...

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