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Costa Rica expands access to housing finance

August 16, 2017
Costa Rica expands access to housing finance WASHINGTON, USA -- The Inter-American Investment Corporation (IIC), on behalf of the Inter-American Development Bank (IDB) Group, has established a strategic partnership with Cooperativa Nacional de Educadores, RL (“COOPENAE”), a leading savings and credit cooperative in Costa Rica...

Lufthansa to fly nonstop from Frankfurt to San Jose, Costa Rica in 2018

July 20, 2017
Lufthansa to fly nonstop from Frankfurt to San Jose, Costa Rica in 2018 FRANKFURT, Germany -- Lufthansa will include a Frankfurt – San José connection in their summer 2018 flight schedule. From 29 March 2018, a non-stop Lufthansa flight will take off every Thursday and Saturday from Frankfurt to the capital city of Costa Rica, the ‘green paradise of Central America’.

Costa Rica tempts couples with the perfect backdrop for a memorable wedding

July 12, 2017
Costa Rica tempts couples with the perfect backdrop for a memorable wedding SAN JOSE, Costa Rica -- Couples looking for the ultimate au naturale setting for their romantic boho chic wedding, need to look no further than Costa Rica. The country offers a variety of green environments for a picturesque day. Instead of incorporating natural elements into your celebration...

Newly released Caribbean renewable energy index highlights opportunities for investors

June 7, 2017
Newly released Caribbean renewable energy index highlights opportunities for investors MIAMI, USA -- Pan American Finance on Tuesday released the first edition of the Caribbean Basin Renewable Energy Investment Index, measuring the investment potential in renewable energy for then countries in the region: Costa Rica, Cuba, Dominican Republic, El Salvador, Guatemala...

Caribbean leaders condemn US withdrawal from Paris Climate Change Agreement

June 3, 2017
Caribbean leaders condemn US withdrawal from Paris Climate Change Agreement SAN JUAN, Puerto Rico -- The governor of Puerto Rico, Ricardo Rosselló, was one of many leaders from the region and around the world that have condemned the announcement on Thursday by President Donald Trump that the US would withdraw from the Paris Climate Change Agreement. “Climate change is a...

Venezuela accuses Latin American neighbours of 'meddling'

April 19, 2017
Venezuela accuses Latin American neighbours of 'meddling' CARACAS, Venezuela -- Venezuela's Foreign Minister Delcy Rodriguez has criticised as "meddling" a joint statement by 11 Latin American countries calling on Venezuela's government to "guarantee the right to peaceful protest". In their joint statement, the governments of Argentina, Brazil, Chile...

Letter: Finding my missing brother in Costa Rica or Panama

March 20, 2017
Letter: Finding my missing brother in Costa Rica or Panama I would very much appreciate if you could help me in my search to find my missing brother Kapil Hariyani in Costa Rica. He arrived in Costa Rica on February 20/21, 2017, and his last known location is Between Calle 10, San Jose, Costa Rica and 10101 San Jose, Costa Rica. I spoke to him...

A Panamanian idea that changed classified advertising in Central America

March 17, 2017
A Panamanian idea that changed classified advertising in Central America PANAMA CITY, Panama -- Encuentra24 is Panama sharing pleasant experiences worldwide. It's a story about vision, growth, perseverance and love for dreams achieved with a clear business focus and a commitment in the countries where it operates. This story goes back to 2005, when finding...

Air Canada inaugurates twice-weekly, non-stop service between Montreal and Costa Rica

December 23, 2016
Air Canada inaugurates twice-weekly, non-stop service between Montreal and Costa Rica MONTREAL, Canada -- Air Canada on Thursday inaugurated new twice-weekly flights between Montreal and Costa Rica. The morning departure of Air Canada Rouge flight AC1844 began non-stop service from Montreal to Costa Rica's Juan Santamaría International Airport that will...

Slightly weaker Otto heads for Central America with torrential rains

November 24, 2016
Slightly weaker Otto heads for Central America with torrential rains MIAMI, USA -- Late season tropical cyclone Otto weakened slightly from hurricane force to a tropical storm as it took aim at Costa Rica and Nicaragua in Central America. According to the National Hurricane Center (NHC) in Miami, at 4:00 pm EST on Wednesday, the centre of...

Otto becomes seventh hurricane of 2016 season

November 23, 2016
Otto becomes seventh hurricane of 2016 season MIAMI, USA -- Late-season tropical cyclone Otto strengthened into a hurricane on Tuesday and a hurricane warning could be required for portions of the coast of Nicaragua or Costa Rica later Tuesday night or early Wednesday. According to the National Hurricane Center (NHC) in Miami...

Late season tropical storm forms in the Caribbean

November 22, 2016
Late season tropical storm forms in the Caribbean MIAMI, USA -- After several days of threatening to become a tropical cyclone right at the end of the Atlantic hurricane season, Tropical Storm Otto has formed in the Caribbean about 190 miles (305 km) east-southeast of San Andres Island and about 315 miles (505 km) east of Bluefields, Nicaragua.

Some regional central bank banks turn to SWIFT to combat de-risking threat

November 5, 2016
Some regional central bank banks turn to SWIFT to combat de-risking threat WILLEMSTAD, Curacao -- Eight regional central banks have signed up to adopt the sanctions screening service and Know Your Customer (KYC) Registry provided by the Society for Worldwide Interbank Financial Telecommunication (SWIFT) in an effort to combat the threat posed...

Rule of Law Index ranks Costa Rica, Barbados and Antigua-Barbuda highest in region

October 24, 2016
Rule of Law Index ranks Costa Rica, Barbados and Antigua-Barbuda highest in region WASHINGTON, USA -- The latest World Justice Project (WJP) Rule of Law Index was published last week and includes 22 countries in the wider Caribbean in its expanded coverage of 113 countries and jurisdictions (from 102 in 2015), relying on more than 100,000 household and expert...

Upside potential limited for Central American and Dominican Republic sovereign ratings

September 27, 2016
Upside potential limited for Central American and Dominican Republic sovereign ratings NEW YORK, USA -- Positive rating momentum for Central American sovereigns is unlikely, according to a new Fitch Ratings report. Some upside potential exists for the Dominican Republic, which currently has a positive outlook. Over the medium term, the passage and implementation of...

Additional US$4.5 million invested in Costa Rica shared services centre

September 12, 2016
Additional US$4.5 million invested in Costa Rica shared services centre ATLANTA, USA -- Equifax Inc., a global information solutions company, has announced the opening of its second shared services centre in Costa Rica. With this new site, the company expects to grow to 1,000 total employees by the end of 2017. The company, which has been operating...

Costa Rica hosts Caribbean investment conference and export expo

September 5, 2016
Costa Rica hosts Caribbean investment conference and export expo LIMON, Costa Rica – The third Conferencia International de Inversionistas y Expo Caribe Limon was held in the port city of Limon, Costal Rica, on 29-30 August 2016. The conference attracted participation from a number of countries from Latin America and the Caribbean.

Concern voiced over press freedom violations in Costa Rica, Honduras and Venezuela

August 29, 2016
Concern voiced over press freedom violations in Costa Rica, Honduras and Venezuela MIAMI, USA -- The Inter American Press Association (IAPA) said on Friday it views with concern a series of actions taken against media and journalists in Costa Rica, Honduras and Venezuela in recent weeks that it said impair press freedom in the Latin American region. In Costa Rica...

Multinational companies developing successfully under free trade zone regime in Costa Rica

August 25, 2016
Multinational companies developing successfully under free trade zone regime in Costa Rica SAN JOSE, Costa Rica -- More than 82,000 direct jobs and 43,000 indirect jobs, generating a return of $3.179 billion on incentives received (net country benefit), are some of the benefits that the free trade zone regime in Costa Rica has contributed in 2015. Added to these are a major...

Regional woman candidate vying for United Nations top job

July 23, 2016
Regional woman candidate vying for United Nations top job NEW YORK, USA -- A Costa Rican woman is in the running for the position of secretary general of the United Nations. Christiana Figueres was nominated by the government of her home country in early July. As of now, there are 11 candidates to succeed Korean Ban Ki-moon, the current...

Owner of Costa Rica call centre pleads guilty to defrauding elderly US residents

July 16, 2016
Owner of Costa Rica call centre pleads guilty to defrauding elderly US residents CHARLOTTE, USA -- Two US citizens and a Canadian citizen have pleaded guilty for their roles in a $9 million “sweepstakes fraud” scheme to defraud hundreds of US residents, many of them elderly. Jeffrey Robert Bonner, 37, of Sacramento, California; Cody Trevor Burgsteiner, 33...

Dengue vaccine approved in Costa Rica

June 24, 2016
Dengue vaccine approved in Costa Rica SAN JOSE, Costa Rica -- On Thursday, the national ministry of health of Costa Rica approved Sanofi Pasteur's tetravalent dengue vaccine, Dengvaxia, to protect individuals 9 to 45 years of age living in endemic areas against all four serotypes of dengue. This approval in Costa Rica is...

Letter: Neglect of sloths in Costa Rica sanctuary

June 11, 2016
Letter: Neglect of sloths in Costa Rica sanctuary I am writing to you in regard to the recent revelation of animal cruelty going on at the Costa Rican Sloth Sanctuary. The article can be located here if you are not aware of it. The sanctuary is run by founders Judy Avey-Arroyo and Luis Arroyo. According to the two veterinarians that...

Panama builds shelters for Cubans stranded at border with Costa Rica

April 25, 2016
Panama builds shelters for Cubans stranded at border with Costa Rica HAVANA, Cuba (ACN) -- Panamanian authorities have announced the building of shelters for some 2 500 Cubans stranded at the border with Costa Rica, who intend to continue their journey to the United States, where they hope to pursue the benefits offered only to Cuban citizens.

World Happiness Report 2016 update shows significantly more inequality in Caribbean

March 17, 2016
World Happiness Report 2016 update shows significantly more inequality in Caribbean ROME, Italy -- The World Happiness Report 2016 Update, which ranks 156 countries by their happiness levels, was released on Wednesday in Rome in advance of UN World Happiness Day, March 20, and shows that two regions – the Middle East and North Africa, and Latin America and Caribbean...

Owner of Costa Rican call centre sentenced to nine years in prison for sweepstakes scam

March 16, 2016
Owner of Costa Rican call centre sentenced to nine years in prison for sweepstakes scam CHARLOTTE, USA -- A dual US-Costa Rican citizen was sentenced on Monday to 108 months in prison for his role in a $1.88 million sweepstakes fraud scheme that victimized hundreds of elderly US residents. Geoffrey Alexander Ramer, 36, formerly of Falls Church, Virginia, was also...

New animal safari tour delights Costa Rica travellers

March 10, 2016
New animal safari tour delights Costa Rica travellers LIBERIA, Costa Rica -- Feeding carrots to giraffes and zebras in Costa Rica? Don’t be ridiculous. They don’t live in this part of the world. But wait. Now they do, thanks to the efforts of entrepreneur David Patay and his new Africa Safari Adventure Park. Visitors to Guanacaste Province can....

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