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Business

Sea Bird Turnkey Business Opportunity in Costa Rica: Sailing Tour Operator

Sea Bird Sailing Excursions, a renowned tour operator based in Costa Rica's Gold Coast, is currently offering its business assets for sale. This is an exciting business opportunity for anyone interested in profiting from the lucrative tourism industry in the province of Guanacaste. This well-established business is currently located in Playas del Coco, less than 30 minutes away from the Liberia...

EFE/File Costa Rica Retail Mogul to Speak at Summit for the Mega-Rich

NEW YORK, Aug. 27, 2015 /PRNewswire/ -- Markets Group will host the 3rd Annual Private Wealth Latin America & The Caribbean Forum, the largest conference of the wealth management space. This event is a two day series of presentations, panels, roundtables and interviews on October 20th and 21st at the JW Marriott in Miami, Florida. Attendees will meet and hear from three different keynote ad...

Bayer Bayer Opens Bio-Med Device Plant in Costa Rica

Bayer SAN JOSE, COSTA RICA--(Marketwired - Aug 27, 2015) - The Bayer Group opened a plant for the production of a non-reversible permanent contraceptive device today, with an investment of US$12 million and an initial employment generation for up to 75 people. The plant, located in the Zona Franca Metropolitana in Barreal de Heredia covers about 1,400 square meters, dedicated to the assembl...

Source: PPG Glidden Paints Get New Distribution Agreement in Costa Rica

Source: PPG By Carolina Ruiz Vega Glidden, a painting brand of PPG Industries, the world’s leading coatings company, and El Lagar stores signed a distribution agreement in Costa Rica. "Our brand of paints and coatings is joining with another market leader, El Lagar, for distribution in Costa Rica, with the aim of further strengthening our presence in the country," said Horacio ...

CostaRicaMedicalGuide.com Using the Internet to Attract Medical Tourists

CostaRicaMedicalGuide.com For many people in the United States and Canada, the decision of traveling to medical tourism destinations such as Costa Rica is usually made after doing online research. Some patients are able to get word-of-mouth information from friends, relatives or associates who have experienced Costa Rica and are knowledgeable about the medical tourism industry, but this is har...

Source: Sprout Canadian Firm Acquires Female Viagra Manufacturer for $1 Billion

Source: Sprout New York, Aug 20 (EFE).- Canadian drug maker Valeant Pharmaceuticals International said Thursday it has agreed to acquire North Carolina-based Sprout Pharmaceuticals, maker of a pill that increases women's sexual desire, for $1 billion in cash and a share of future profits. The announcement comes two days after the U.S. Food and Drug Administration approved the drug, flibanse...

Oveedia desktop. Source: Pure Online Booking Platform Prepares for Expotur in Costa Rica

LAS VEGAS, Aug. 17, 2015 /PRNewswire/ -- Pure Hospitality Solutions, Inc., (OTC: PNOW) announced today, that the Company is making arrangements for its Central American-Caribbean online travel hub, Oveedia (an OTA), to be a prime exhibitor at "Expotur 2016", one of Central America's largest travel and industry conventions. Oveedia's exhibiting at Expotur 2016 will afford management the ability to ...

CIMA Hospital in San Jose is often visited by medical tourists Medical Tourism Trade Show in Montreal Highlights Costa Rica

Montreal, Canada --(PR.com)-- This week, CanSanté Inc hosted the first ever Medical Tourism Trade Show of its kind in Palais des Congrès Convention Centre, Montreal, Quebec, Canada. Destination Health will be open to the public, attracting national and international exhibitors to promote both national and international medical tourism. According to Destination Health, over 800,000 Canadians tra...

Crowne Plaza in San Jose. Source: ICT Costa Rica Seeks More Convention and Business Tourism

Crowne Plaza in San Jose. Source: ICT ICCA Press Release / San Jose, Costa Rica – Last month, the Costa Rica Tourism Board (ICT) launched a new marketing campaign, “From Green Space to Meeting Space,” that aims at highlighting the reasons why Costa Rica is an ideal destination for meetings, congress and conventions. “Many have enjoyed Costa Rica’s biodiversity for leisure and are unaware of...

Jairo Zelaya - Pixabay Commons SpanishBackPack.com Language Academy Launches from Costa Rica

Costa Rica (PRWEB) August 11, 2015 -- Believe it or not, Spanish is the fourth most widely spoken language in the world. While learning a new language is exciting, it can also be downright challenging to master without the proper tools in place. That’s where SpanishBackpack.com comes into play. “Our goal at SpanishBackpack.com is to provide Spanish teachers and Spanish students with a fun tool ...

Sprint Sprint Offers 1GB of Free Data While Roaming in Costa Rica

Sprint OVERLAND PARK, Kan.--(BUSINESS WIRE)--The new free Sprint Open WorldSM add-on offers customers free calls and texts to Canada and Mexico with calls starting at just a nickel to Latin America, the Dominican Republic and more than 180 other countries when added to a domestic service plan. For those who like to travel, it boasts free unlimited calls and texts when traveling in Canada, Mexi...

Wikimedia Commons BREAKING: Largest Business Deal Ever for Warren Buffett

Wikimedia Commons New York, Aug 9 (EFE).- Berkshire Hathaway, the conglomerate controlled by billionaire Warren Buffett, is near a deal to acquire Precision Castparts for $30 billion, The Wall Street Journal reported. The acquisition of Precision Castparts, a maker of parts for aircraft, electric utilities and the energy industry, could be announced this week, the Journal said, citing peopl...

Starbucks Starbucks Continues to Expand in Central America

PANAMA CITY--(BUSINESS WIRE)--Starbucks Coffee Company (Nasdaq:SBUX), together with Premium Restaurants of America (PRA), its long-term strategic licensing partner in Central America, today opened its first store in Panama, making it Starbucks 15th market in Latin America and 67th worldwide. Located in Panama City’s Street Mall shopping center, the new store proudly features Starbucks Reserve™ Pan...

Source: LATAM BREAKING: New Latin American Airline Brand, LATAM

Source: LATAM Sao Paulo, Aug 6 (EFE).- LATAM Airlines Group, which was born from the 2012 merger of Chile's LAN and Brazil's TAM, said here Thursday that it will unify all of the conglomerate's brands under the name LATAM. Despite current political and economic challenges in Brazil, the region's biggest market, the group is looking to embark on "new paths and therefore uniting the brands is...

Source; Flickr Commons Major Money Laundering Scandal Brewing at Deutsche Bank

Source; Flickr Commons Washington, Aug 4 (EFE).- The U.S. Justice Department has opened a criminal probe into Deutsche Bank AG, suspected of operations that involved money-laundering trades worth billions of dollars for Russian clients, Bloomberg News reported Tuesday. By means of the so-called "mirror trades," clients have been able to move enormous sums from Moscow to London and from rubl...

Wikimedia Commons Dole Sponsors Agricultural PhD Program in Costa Rica

KANNAPOLIS, N.C.--(BUSINESS WIRE)--There are college students in Costa Rica balancing long hours in the laboratory with high-level science classes who are wondering where their education will take them. For at least two students, the answer is North Carolina. Dole Food Company is sponsoring banana and pineapple PhD programs in partnership with NC State University (NCSU), the NC Research Campus ...

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....

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