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Nutrivida Businesswoman from Costa Rica Honored by Aspen Institute

ASPEN, Colo., July 29, 2015 /PRNewswire-USNewswire/ -- Anne Welsh McNulty and the Aspen Institute today announced the eighth annual John P. McNulty Prize laureates, a group of extraordinary leaders who bring the spirit of innovation that characterized their success in the private sector to address some of the most intractable problems facing our world today. The 2015 Laureates are making a sign...

Source: Pixabay Commons Negative Outlook for Grupo ICE Bonds from Costa Rica

NEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed Instituto Costarricense de Electricidad y Subsidiarias' (Grupo ICE) foreign- and local-currency Issuer Default Ratings (FC/LC IDRs) at 'BB+' as well as its National Scale ratings at 'AAA(cri)'. The Rating Outlook remains Negative. A complete list of rating actions follows at the end of this release. Grupo ICE's ratings are supported by its l...

Screenshot of INS webpage Insurance Industry in Costa Rica Sees Major Growth

SBWIRE Press Release -- A new market report from ResearchMoz.us indicates that the insurance sector of Costa Rica is poised for sheer growth and expansion over the next few years. "The Insurance Industry in Costa Rica - Key Trends and Opportunities to 2019: Global Industry Size, Shares, Growth, Analysis, Trends And Forecast" is the name of the report, which includes the following highlights: T...

File photo Infinito Gold Calls Off Legal Fight Against Costa Rica

Alleged Greenwashing by Infinito Gold The controversial Canadian mining firm that fought against Costa Rica for nearly a decade over the Crucitas open-pit project has formally suspended its arbitration case presided by the International Center for Settlement of Investment Disputes, which serves the World Bank. According to a news report filed by Manuel Sancho of online news daily CRHoy.com,...

Starbucks RTD drinks Starbucks Expands Ready-To-Drink Products in Costa Rica

SEATTLE & PURCHASE, N.Y.--(BUSINESS WIRE)--Starbucks (NASDAQ: SBUX) and PepsiCo, Inc. (NYSE: PEP) today announced they have entered into an agreement for the marketing, sale and distribution of Starbucks® ready-to-drink (RTD) coffee and energy beverages including Starbucks® Frappuccino® chilled coffee drinks, Starbucks Double Shot® Espresso and Cream, and Starbucks Refreshers® beverages in Lat...

Medical Care in Costa Rica $32 Billion Medical Tourism Market Includes Costa Rica

ALBANY, New York, July 23, 2015 /PRNewswire/ – High cost of medical treatment in developed countries has fueled the development of medical tourism, causing patients to visit other destinations for cheaper yet sophisticated treatment. Transparency Market Research, in a recent report, studies the emergence and growth of the global medical tourism industry. The report is titled "Medical Tourism Marke...

EFE/File Fat Cats: Outrageous Government Salaries in Costa Rica

Source: Banco Central A legislative inquiry into the salaries of public sector employees is causing indignation among politicians, labor unions and the public in Costa Rica. Legislator Otto Guevara, a former presidential candidate representing the Libertarian Movement, has been leading a series of inquiries into the payrolls of government institutions as well as government-sponsored entitie...

U.S. Ambassador Haney US Ambassador Will Attend Trade Conference in Costa Rica

Andrew Stark (left), owner of The Costa Rica Star meets U.S. Ambassador Haney Titusville, Florida. July 12, 2015. The Minority Chamber of Commerce is pleased to announce the U.S Ambassador in Costa Rica, Hon. S. Fitzgerald Haney, has accepted our invitation to attend as Keynote speaker during the Costa Rica –Minority U.S. Business Trade Mission to be held next August 19-24 in San Jose, Costa R...

Wikimedia Commons Costa Rica Firm Charged With Stock Fraud by U.S. SEC

Wikimedia Commons Washington D.C., July 14, 2015 (SEC Press Release) — The Securities and Exchange Commission today charged 15 individuals and 19 entities for their roles in alleged schemes to manipulate the trading of microcap stocks. The 34 defendants include six firms alleged to have acted as unregistered broker-dealers catering to customers who sought to conceal their stock ownership and m...

Scotiabank Scotiabank Will Acquire Citibank’s Business in Costa Rica

TORONTO, ON and NEW YORK, NY -- Scotiabank announced today that an agreement has been reached to acquire Citigroup's retail and commercial banking businesses in Panama and Costa Rica, subject to regulatory approval. Scotiabank's common equity tier one capital ratio will be impacted by approximately 15 basis points. This acquisition is in line with Scotiabank's strategy to increase scale within ...

Wikimedia Commons Costa Rica Sportsbook Travels to Panama Due to Red Tape

Wikimedia Commons Panama, 03-JULY-2013 (WireService.co)– 2Bet Bob is pleased to announce that their headquarters have been moved to the country of Panama, due to unexpected red tape in Costa Rica. This move will not affect the excellent customer service which is a feature of the betting site. The pay per head feature allows the company to provide 24-hour betting every day. 2Bet Bob uses the PP...

Wikimedia Commons BAC International Bank of Costa Rica Awarded for Excellence

Wikimedia Commons EUROMONEY Press Release -- Leading figures from the banking and capital markets across Latin America gathered in London on Thursday to hear the announcement of Euromoney’s Awards for Excellence 2015, considered the benchmark for leading firms in financial services globally. BBVA has been named by Euromoney magazine as the best bank in Latin America. During the past year BB...

Source; EFE file photo Major Outsourcing Firm Expands and Creates Jobs in Costa Rica

Pixabay Commons SAN JOSE, CA--(Marketwired - Jul 9, 2015) - The company GEP announced that it will install a services center in Costa Rica in the second half of the year. The company will hire multilingual professionals or advanced undergraduates with knowledge in management and engineering for its operation. The company will seek for talent with language skills in English, Portuguese, Fren...

BrainStation Origami Academy BrainStation Acquires Origami Academy in Costa Rica

NEW YORK, July 8, 2015 /PRNewswire/ -- Today BrainStation announced the signing of a definitive agreement to acquire Origami Academy, a leading Latin American digital education institute, based in San Jose, Costa Rica. Founded in 2013, Origami Academy delivers unique and innovative programming and educational offerings spanning web and mobile development, user experience and user interface design....

Source: Wikimedia Commons Poor Business Decision Leaves Mayweather Jr. Without Title

Source: Wikimedia Commons Undefeated boxing star Floyd Mayweather Jr. is no longer the World Boxing Organization (WBO) welterweight champion. According to a resolution issued by the WBO, the title has been vacated due to Mr. Mayweather's recanting on his promise to voluntarily vacate his titles as well as his failure to pay $200K to the WBO for his right to participate in this boxing enterpris...

inflation Welfare State of Costa Rica Requires Fiscal Reform

Source: Banco Central ECLAC Press Release – Costa Rica has been able to transform its productive structure, and its achievements in forging a welfare state with greater equality and human development have been an example for all of Latin America. Now they must be defended with a comprehensive and timely fiscal reform, Alicia Bárcena, Executive Secretary of the Economic Commission for Latin Ame...

CINDE Five Steps to Investing in Costa Rica

CINDE In 2013, Site Selection Magazine, an industry journal dedicated to business strategy and economic development, highlighted Costa Rica as one of the Top Ten “Best to Invest” countries in the world. For this reason, the administration of President Luis Guillermo Solis Rivera has been very busy in attracting foreign investment through the Costa Rican Investment Promotion Agency (Spanish ini...

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...

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