It has been announced that the Colombian coffee brand Juan Valdez is requesting permission to open a store in the Arkadia Shopping Mall in Zone 10 of the capital.
It is anticipated that the coffee shop will be open to the public later this year. The Juan Valdez brand is also competing in the segment of roast and ground coffee, as it will be available in supermarkets, which already sell the brand Buen Día.
The chain of wholesale supermarkets Mayca has started operations in a new facility in the capital and is preparing for the opening of another one in Ciudad Quesada, outside the Greater Metropolitan Area.
The newly opened self-service store measures 432 square meters and is situated opposite the National Children's Hospital in San Jose. In relation to the store in Ciudad Quesada, San Carlos, there is still no definite date for its opening.
US insurer BlueCross BlueShield, has announced the opening of its operations in the country, which will be part of the Puerto Rican Triple-S Group.
From a statement issued by BlueCross BlueShield Costa Rica:
Insurer arrives in the country with plans for complementary health
• Member of the BlueCross BlueShield Association (BCBSA), an organization of more than 37 healthcare companies in the United States and other countries and which serves, through them, over 100 million policyholders.
The firm will move its Board from Colombia to Panama in order to reduce the tax burden and to take advantage of better logistics.
The company which carries out oil and gas exploration and production activities in Colombia, selling most of Colombia's oil, has been linked to this country since the Government introduced incentives to attract foreign investment to the sector, and has now announced that it will move its Directive Board to Panama.
Companies created under this decree may have only one partner, and a minimum capital that is strictly voluntary.
The "Law for employment generation, promotion of entrepreneurship, business formalization and protection of investor rights" passed by Congress aims to promote business and employment generation in the country.
It is the longest amount of time in the entire Central American region for formalizing a new business.
Laprensa.com.ni reports: "While in Panama it takes five days to open a business, in the case of Nicaragua 36 days are needed, the longest in all of Central America, according to the Doing Business Report 2014, by the World Bank (WB) ... ".
The 12 steps and 60 days that it took to start a business a year ago, have now been reduced to 9 steps that can be done within 24 days.
Nacion.com reports: "This improvement in opening a business is part of the actions undertaken by the Government to facilitate procedures and which has earned the country a jump of seven places in the ranks of the Doing Business 2014 report ...".
Social conflict, the political environment and a feeling of insecurity have lead to fewer companies registering while a growing number of established companies disappear.
An article in Prensalibre.com reports that "During the first 20 months of the current administration 8,134 companies have ceased operations, which means that 406 closed per month, and 13 closed per day, according to Companies Registry," while "in the same period, but under the government of Alvaro Colom, the number of companies cancelling registrations was 5,236, about nine a day."
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