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Grupo ICE ICE Bonds Perform Better than Sovereign Debt in Costa Rica Even though ratings agency Moody’s recently downgraded sovereign bonds issued by the Central Bank of Costa Rica as junk, President Luis Guillermo Solis has been busy courting investors from the United States and is planning on visiting Canada soon for the same reason. Costa Rica plans to issue $1 billion more in bonds next year, and President Solis is still intent on gaining entry into the Organiz...
Starbucks A Fifth, Perhaps a Sixth, Starbucks Will Open in Costa Rica Source: Flickr Just in time for Christmas, residents who live near La Sabana Metropolitan Park in the lovable city of San Jose will be able to enjoy a wide selection of arabica coffee beans from around the world, including one strain from Costa Rica, at the fifth Starbucks cafe to open in this country. According to market reporter Cristina Fallas Villalobos of business weekly El Financiero, th...
Punta Loros Planned Luxury Resort in Costa Rica Moves Ahead Punta Loros, a planned luxury resort and development property that spans 800 acres in the Central Pacific coastline of Costa Rica, recently tendered its environmental impact study to the Technical and Environmental Secretariat (Spanish acronym: SETENA). The study is an important part of the compliance process required to make this ambitious project a reality. According to a news report by Spani...
Wikimedia Commons Adios? Citigroup Plans to Abandon Costa Rica Wikimedia Commons One of the most vexatious telemarketers in Costa Rica, at least  in the financial services arena, is undergoing a major restructuring process that will see its retail banking operations significantly reduced before they are completely gone. Citigroup, one of United States banks that required millions upon millions of dollars in bailout funds from the Federal Reserve and Treas...
Source: Wikimedia Commons Business Impact of the Anti-Tobacco Law in Costa Rica Source: Wikimedia Commons Amidst a growing smuggling trade in cigarettes, the Law 9028 on Tobacco Control and Its Harmful Effects on Health has also impacted the once-thriving tobacco industry in Costa Rica. According to a recent press release by market research firm Euromonitor International, tobacco industry executives in Costa Rica has responded with pricing and marketing strategies within ...
gamping Is Costa Rica Ready for Gamping?   Source: Gamping.com Airbnb, Viviun and HomeAway are three of the various online platforms used by property owners in Costa Rica to offer their homes for short-term rentals to foreign visitors. A similar business model is being offered by gamping.com, a new site that is being advertised as a sort of “Airbnb for campers.” Gamping is a portmanteau of “garden” and “camping,” and this tou...
Organo-Gold-225x136 Organo Gold Coffee in Costa Rica: MLM Scam or Miracle Cure? A controversial multi-level marketing (MLM) system based in Canada recently announced the inauguration of a new chapter in Costa Rica. The name of this MLM system is Organo Gold, and its main feature is instant coffee. The Facebook Timeline of Organo Gold Costa Rica posted a message on October 4th that stated:   Today we make history as thousands of people in Costa Rica who have believed ...
Goodspeed GoodSpeed Global Wi-Fi Device Now Active in Costa Rica Costa Rica is one of the latest Latin American countries added to the GoodSpeed international data service. GoodSpeed is a device that creates a personal mobile Wi-Fi hotspot offering affordable Internet access on the go. With the addition of Costa Rica and various other countries in the Americas, GoodSpeed now offers wireless broadband coverage in 50 percent of the world. According to Uros, th...
Source: Wikimedia Commons Mixed Martial Arts Will Benefit Education in Costa Rica Source: Wikimedia Commons Starting next year, a television and mixed martial arts (MMA) event production company based in Spain will commence donating a portion of its profits towards the acquisition of books and computers as well as for the construction of small schools in Costa Rica and other nations. The company is Batalla MMA Fight Entertainment, and the proceeds donated will be managed by...
Montezuma Beach Surf School in Costa Rica Announces Conservation Contest Spinner dolphin in Costa Rica PRWEB.COM NewswireCosta Rica (PRWEB) October 02, 2014 - Bodhi Surf, the leading Costa Rican yoga and surf retreat, is proud to announce the start of their second annual My Ocean Guardian Journey Competition. The goal of the contest is to raise awareness of ocean conservation needs while encouraging a proactive approach to the problems by generating innovative idea...

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