Costa Rica: Business Confidence Down 10%

The business confidence index calculated by the "Business Pulse" survey reached its lowest level in the last two years, with negativity being felt in the services and construction sectors in particular.

Monday, May 19, 2014

From a press release issued by the Costa Rican Union of Chambers and Associations of Private Enterprises (Uccaep):

Fiscal deficit reduction, improved infrastructure and better governance. These are, according to employers, the three main lines of action which the new government should focus on during its first 100 days in office.

This was revealed by the last measurement of the "Business Pulse" survey of Costa Rican Union of Chambers and Associations of Private Business Sector (UCCAEP) for the second quarter of 2014.

Among the priorities identified by employers are also fighting poverty, lowering unemployment, strengthening the Costa Rican Social Security Department, clarity in the exchange policy, improving competitiveness, employment policy, reduced electricity rates and better access to credit for production.



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Costa Rica: Little Optimism for 2015

November 2014

Business confidence is still falling with complaints being made about the absence of an agenda which aims to improve the business climate in the country.

From a statement issued by the Costa Rican Union of Chambers and Associations of Private Business Sector (UCCAEP):

Business confidence falls at the end of the year

Business Confidence in Costa Rica Still Falling

September 2014

The results of the Quarterly Business Survey highlighted that 78% of companies are ruling out making new hires this year.

From a statement from the Costa Rican Union of Chambers and Associations of Private Business Sector (UCCAEP):

78% of companies rule out new hires this year

Little Optimism Among Entrepreneurs in Costa Rica

November 2013

They recommend promoting improvements in areas such as legal certainty, procedures and infrastructure, in order to increase competitiveness and regain business confidence.

From a press release issued by the Costa Rican Union of Chambers and Associations of Private Enterprises (Uccaep):

Lack of Clear Policies in Costa Rica

February 2012

Businesses need the government to provide clearer policies related to legal security, governance, education and macroeconomics.

The Costa Rican Union of Chambers and Associations in the Private Business Sector (UCCAEP) on Thursday presented President Laura Chinchilla with a development agenda for the country, which was derived from a survey that involved 500 entrepreneurs from all sectors.

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