NEW YORK--(BUSINESS WIRE)--After a decade-long commodity super cycle, the 2016 growth outlook for Latin America remains subdued as external and domestic risks persist, says Fitch Ratings in a new special report. Against this backdrop, Fitch expects little upward sovereign rating movement in the region in 2016. To the contrary, negative rating pressures could increase if countries are unable to adj...

The dental tourism experience in Costa Rica is characterized by affordable treatments performed by dedicated professionals who are keenly aware of each patient's situation and desired outcomes. Not all dental clinics in Costa Rica offer all the treatments sought by dental tourists; as a general rule, few patients fly down here for the sole purpose of getting a dental cleaning and polishing, alt...

"FedReserve Atlanta" by Atlantacitizen at the English language Wikipedia. Licensed under CC BY-SA 3.0 via Commons MDC Press Release - Miami, December 4, 2015 - Miami Dade College (MDC) Provost of Operations Dr. Rolando Montoya has been unanimously elected as the new Chairman of the Board of the Federal Reserve Bank of Atlanta's Miami Branch. Dr. Montoya has been serving on the Board since Janu...

Fast Market Research Press Release - Costa Rica has a well-established tourism industry that benefits from the country's positive image as safe, peaceful and happy. The country's tourism products are diverse, with a wide variety of options for all traveler segments. While Costa Rica is known for its eco- and adventure tourism, the country is also developing its medical, holistic and educational se...

NEW YORK & SAN SALVADOR, El Salvador--(BUSINESS WIRE)--Following its peer review of the Costa Rican State-owned banks, Fitch Ratings took rating actions on the following entities: --Banco Nacional de Costa Rica (BNCR); --Banco de Costa Rica (BCR); --Banco Popular y de Desarrollo Comunal (BPDC). Fitch has published Rating Action Commentaries (RACs) for each of these banks, which are...

Moody's Global Credit Research - New York, November 30, 2015 -- Moody's Investors Service ("Moody's") has assigned a definitive rating of Ba2 to Aeris Holdings Costa Rica S.A. de C.V.'s ("Aeris") senior notes issuance of US $127 million ("Notes"). The outlook is stable. On September 18, 2015 Moody's assigned a provisional (P) Ba2 rating based upon draft documentation. The definitive Ba2 rating is...

SAN JOSE, COSTA RICA--(Marketwired - Nov 27, 2015) - The Costa Rican Coalition for Development Initiatives (CINDE) held a forum on Research and Development, with the purpose of analyzing the potentialities of Costa Rica to grow investments related to this industry, as well as the challenges to assume in order to position as a globally preferred destination for such investments. The event counte...

Source: Fuerza Publica Black Market, Black Eye - By Edward R. Myers (FSCwire Press Release) - According to Danya Mere, a seasoned investigative journalist writing in Mexico’s newspaper, Reforma, “Canada is not only famous for its maple syrup or for Niagara Falls, it is also famous for producing cigarettes sold in the international market illegally.” This indictment comes after a group of...

Wikimedia Commons One of the least talked-about secrets of dental tourism in Costa Rica revolves around technologies that were introduced to the field of dentistry in the late 20th century. Computer-aided design and computer-aided manufacturing (CAD/CAM) are digital technologies applied to prosthodontics, a specialized branch of dentistry that deals with replacement of teeth and restoration of...

Press Release by Linda Negron of the TMF Group - The Costa Rican Department of Social Security (CCSS) has proposed an increase in total contribution to the Disability, Old Age and Death Fund (IVM) from 8.5% to 14%. They have also announced that early retirement will be phased out, while some changes are already in effect beginning this month. Many have cautioned that the Costa Rican pension sys...

Indra Media Release - Indra has signed a contract with the Central American Corporation for Air Navigation Services (COCESNA) to renew the air traffic management systems in the San José Air Control Center and the main international airports in Costa Rica for 12 million dollars. The company will upgrade the systems in the center for the coordination of air traffic in Costa Rica and the towers th...

Panama Canal Panama Canal, Nov 17 (EFE).- Experts attending a three-day International Trademark Association meeting that kicked off here Tuesday will discuss ways to combat the transit of counterfeit goods through the Panama Canal. The Leadership Meeting is "an opportunity to raise awareness about the challenges of combating counterfeiting and to advocate for measures to halt the transshipm...

Flickr Commons Starting January 2016, all credit and debit cards in Costa Rica must be compliant with the smart chip and PIN technology known as EMV, which stands for Electron-MasterCard-Visa, an international initiative to prevent financial fraud at the consumer level. According to a recent report filed by Krissia Chacon Jimenez of business weekly El Financiero, the Central Bank of Costa R...

Business Wire WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Dole Food Company, Inc. announced today that its Costa Rican subsidiary Standard Fruit Company of Costa Rica S.A. received the prestigious “Social Responsibility in Action” award and was also recognized as a “Top Winner” in the Community category by the Costa Rican American Chamber of Commerce (AmCham). “Local communities would not re...

Wikimedia Commons NEW YORK, NY--(Marketwired - Nov 11, 2015) - Grupo Financiero Ficohsa has been named Bank of the Year and Bank of the Year Honduras in LatinFinance's 2015 Bank of the Year Awards. In Costa Rica, LatinFinance selected BAC San Jose as Bank of the Year. The winners of this year's awards employed nimble strategies that reflected a keen market understanding, focusing on efficie...

Source: Tiendas Ekono The United States may have created the shopping craze known as Black Friday, but retailers in Costa Rica have up the ante with Black November, a month-long celebration to consumption that starts a few weeks ahead of the Friday after Thanksgiving Day. One of the first merchants to roll out Black November in Costa Rica is the department store chain Ekono, a national disc...

(PRWEB UK) 6 November 2015 - The successful candidate will work, alongside another travelling tutor, with three children, aged 12 to 17, with a variety of academic interests and requirements ranging from music to chemistry, to maintain their home curriculum over this period and prepare them for exams in their various key stages, including GCSE and A2. Adam Caller, founder of Tutors Internationa...

Cincinnati, OH (PRWEB) November 02, 2015 -- The Growth Coach, a leading international business and sales coaching franchise, is expanding into Costa Rica and Nicaragua with the expertise and passion of new master franchise owner and international partner Diego Artinano. The Growth Coach is the largest provider of affordable group coaching workshops in the United States. Coaches also offer one-t...

Wikimedia Commons ATLANTA, Nov. 2, 2015 /PRNewswire/ -- Equifax Inc., a multinational company in the financial services sector, the Costa Rican Investment Promotion Agency (CINDE) and the Ministry of Foreign Trade of Costa Rica, announced that Equifax Inc. will hire 400 employees in the next three years for its Shared Services Center, from which it will provide support for its operations in 19...

LAS VEGAS, Nov. 2, 2015 /PRNewswire/ -- Pure Hospitality Solutions, Inc., (Pink Sheets: PNOW), parent company of the Central American-Caribbean online travel Agency, Oveedia (www.Oveedia.com), announced today, that those Nicaraguan hotel properties not listed on major OTAs', will now see an influx of business opportunities, with this month's opening of the Costa Esmeralda Airport. This positively ...

Rainforest in Costa Rica New "Costa Rica Tourism Report Q1 2016" now available at Fast Market Research. We expect positive arrivals growth of 2.4% in 2015, with strong arrivals from North America offsetting declining arrivals from Europe. However, we expect growth to moderate in the medium term, leading to lower levels of investment and development. Costa Rica's tourism market is one of th...

Auxis FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Auxis, a leading management consulting and outsourcing firm, providing both IT and business processing services, announced it is significantly expanding its service center in Costa Rica. Auxis will host an inaugural ceremony on Friday, October 30th, to be attended by the President of Costa Rica as well as important business, government, and communi...

Wikimedia Commons Washington, Oct 26 (EFE).- Ford Motor Co. denied Monday that it decided to shift production from Mexico to the United States as a result of criticism from real estate magnate and Republican presidential hopeful Donald Trump. "Ford has not spoken with Mr. Trump, nor have we made any changes to our plans," a company spokesperson said. "We decided to move the F-650 and F-750 ...

Press Release by The Costa Rica Star – October 25th - The market size of the global online gambling and wagering industry is estimated to surpass $41 billion in 2015; this is a statistic that reflects more than a decade of year-over-year growth, and Costa Rica has been a significant contributor in this regard. In Costa Rica, the history of Internet casinos and sportsbooks dates back to the late...

Outback Jack's Costa Rica Puerto Viejo de Talamanca, Costa Rica, October 23, 2015 (Newswire) - ​​In Puerto Viejo de Talamanca, Costa Rica, Penny and Jack Williams, the owners of Outback Jack's Beach Bar N Grill, are finally retiring to write their books. Rather than selling their internationally known restaurant, they thought it would be a lot more fun to run an essay contest for someone to wi...

Fitch Ratings-New York-22 October 2015: External tailwinds are unlikely to lead to a significant uplift in Central America's creditworthiness, says Fitch Ratings in a new special report. While external finances and inflation across the region have benefited from the U.S. recovery and lower oil prices, the outlook for growth, public finances and structural issues is more mixed. Nonetheless, the new...

Source: Flickr Commons TechSci Research Press Release -- Burnaby, British Columbia - According to TechSci Research report, “Costa Rica Tyre Market Forecast & Opportunities, 2020”, the tyre market in Costa Rica is forecast to grow during 2015-20, on account of expanding vehicle fleet and upcoming government reforms to boost growth in construction and transportation sector. Bridgestone Tyre ...

Ft. Lauderdale, FL (PRWEB) October 20, 2015 -- Auxis, a leading provider of management consulting and back office outsourcing services, announced today that Raul Vega, its Founder and CEO, will serve as Chairperson for the upcoming Shared Services & Outsourcing Week, October 26-28 in Miami. “SSOW LatAm is a major event in this space, and I’m looking forward to helping attendees, clients and...

Photo of a previous Expotur conference in Costa Rica ICT Press Release - September marked the beginning of international tourism fairs, which have become a showcase for the promotion of Costa Rica around the world. This year alone, the Costa Rican Tourism Board (Spanish initials: ICT) along with other tourism companies, participated in 14 meetings held in the main tourism source markets for Co...

Conceptual drawing by APM Terminals APM Terminals Press Release. Moin, Costa Rica – APM Terminals Moin has announced a number of port project updates enabling Costa Rica’s future economic growth needs through a safe, world-class, high-productivity and environmentally-sustainable container terminal designed to serve the larger vessels entering the Latin American trades, and in particular, the t...

A last-ditch effort by the government of Costa Rica to control the pesky deficit may not work as intended and may also force the appreciation of the United States dollar (USD) against the local currency. The administration of President Luis Guillermo Solis recently pitched an investment idea to the government of the People's Republic of China (PRC). The idea consisted of a bond package speciall...

From 2016 to 2020, retail coffee giant Starbucks plans to open 15 more cafes in Costa Rica, a business move that will generate more than 300 jobs. Such was the statement made by Monica Bianchini, general manager of Starbucks in Costa Rica, as she inaugurated the 8th location in our country. According to a news report filed by Marvin Barquero for national newspaper La Nacion, Ms. Bianchini expla...

TORONTO, ON--(Marketwired - October 13, 2015) - For the second year in a row, Scotiabank is the only Canadian-based company named on the "World's Best Multinational Workplaces" list by the Great Place to Work® Institute. Companies are chosen for the World's Best Multinational Workplaces list predominantly based on data gathered from employee surveys and direct comments from employees. As in ...

Tegucigalpa, Oct 11 (EFE).- The National Banks and Securities Commission, or CNBS, of Honduras ordered the "forced liquidation" of Banco Continental, which stands accused by the United States of money laundering and supporting drug trafficking, the Honduran bank announced on the weekend after proposing to regulatory authorities that it be allowed to "voluntarily liquidate" instead. The decision...

The strengthening of the United States dollar (USD) and the weakening of a few international economies are factors creating bargains for North American and European medical tourists. A recent article by Christiana Sciaudone of BloombergBusiness examined how currency devaluation is creating bargains for medical tourists in Brazil: “Danniella Gomes is about to head home to Brasilia from Texas to ge...

Source: Indian Sao Paulo, Oct 8 (EFE).- Domestically manufactured electric motorcycles and the arrival in Brazil of U.S. brand Indian highlighted the opening day of the Two Wheels Trade Show in Sao Paulo, South America's biggest motor-bike event. The first day of the biennial fair was highlighted by new scooter designs and features, iconic American motorcycle brand Indian's entry into the B...

DUBLIN--(BUSINESS WIRE) -- Research and Markets has announced the addition of the "Governance, Risk and Compliance - The Costa Rican Insurance Industry" report to their offering. The 'Governance, Risk and Compliance - The Costa Rican Insurance Industry' report is the result of extensive research into the insurance regulatory framework in Costa Rica. It provides detailed analysis of the insur...

As one of the leading medical tourism destinations in the world, Costa Rica attracts thousands of health travelers each year, and many of them arrive in our country seeking dental care. Dental tourism in Costa Rica is attractive not only because it is more affordable in comparison to North America and Europe; in fact, other Latin American destinations may offer cheaper services, but these are plac...

SAN SALVADOR, El Salvador--(BUSINESS WIRE)--Solid capital positions, high dollarization, stable customer deposits, good liquidity and sustainable asset quality underpin the largest private banks in Costa Rica, according to Fitch Ratings. With the addition of strong parental support, BAC, Scotiabank and Davivienda's national ratings are well anchored. 'Despite the prospects of a less dynamic eco...

SAN JOSE, Costa Rica - Sept. 27, 2015 - PRLog -- The Costa Rican Car Rental Association (ACAR) announced radical changes to its organization in September 2015 to combat the tarnished image of the industry in the country with sweeping changes to its structure. ACAR is relaunching itself as a self-regulatory body with the main purpose of providing a neutral mediatory service between customers and...