News articles


Moody’s warns Costa Rica could face downgrade if fiscal reform delayed

April 23rd, 2014 ( Ratings agency Moody’s is warning that Costa Rica could lose its current Baa3 credit rating should the new government of Luis Guillermo Solís delay fiscal reform until next year. The warning comes as part of Moody’s latest credit opinion on the country, published on April 15th. Costa Rica’s current ‘Baa3-negative’ rating

Another strong quake strikes Nicaragua

April 14th, 2014 ( A third powerful earthquake struck Nicaragua Sunday night, collapsing more homes in the country which has been battered by a string of earthquakes which began late last week. Nicaraguan officials said Sunday night’s quake, which struck around 11 p.m., measured 5.6 magnitude on the Richter scale. Government spokeswoman Rosario Murillo said…

Computer Technology Industry Booming in Costa Rica

Today, the economy of Costa Rica generates more computer services software (such as software programs, apps and digital animation) than coffee exports. The growth of this sector, has seen constant and exponentially growth in the last 10 years with high levels of technological sophistication. In 2002, the sector related to services software contributed 0.28% to…