Sharp Drop in Savings Rates in State BanksThursday, March 7, 2013 From October last year to date, public banks in Costa Rica cut their average rate by almost 4.5%. "In the last four months state banks made a sharp rate cut to place them below the average of other intermediaries and brush with near-zero real returns", reported Nacion.com. ExpoVino 2013 in Costa RicaThursday, April 11, 2013 On 24th and 25th October, ExpoVino 2013 will be held at the Hotel Real Intercontinental & Club Tower Costa Rica. From information published by Expovino Costa Rica: Costa Rica: Competitiveness and the Exchange RateTuesday, September 27, 2016 Research backed by the export sector concludes that in order to reach the breakeven point, the colon needs to devalue by 20% against the dollar within three years. Analysis by the economist and former bank manager Gerardo Corrales suggests that the exchange rate needs to depreciate by 20% in order to reach its "real" value and balance. To avoid the effect of a sudden devaluation it has been proposed that the increase be done gradually by the Central Bank. Coffee: Global Prices up to November 2016Tuesday, January 3, 2017 The upward trend that had been seen in prices suffered a significant reversal in November, due to better weather prospects in Brazil and Vietnam and a depreciation in the Brazilian real. The recent rally in coffee prices underwent a notable reversal in November 2016, attributed to improved weather prospects in Brazil and Vietnam and a concurrent depreciation in the Brazilian real. Corporate Center: New Investment in Costa RicaThursday, March 25, 2021 Portafolio Inmobiliario plans to invest $11 million in the refurbishment of the Real Cariari Shopping Center, which will be turned into an office building to be called Cariari Corporate Center. The firm decided to make this change because in the areas near the building, competition among shopping centers is strong, as Paseo de las Flores, mall Alajuela and Oxígeno operate in the area. Costa Rica: Higher interest rates in colones expectedFriday, July 11, 2014 The banking sector indicates that the current shortage of local currency could generate more upward pressure on interest rates in the short term. From a statement by the Costa Rican Banking Association (ABC): Soaps and Cleaning Products: Figures in 2017Thursday, July 12, 2018 Last year countries in Central America imported $145 million worth of soap and cleaning preparations, registering an increase of 8% compared to figures in 2016. Figures from the information system on the Market for Soaps and Cleaning Preparations in Central America, compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption = "Click to interact with graph"] It's You and Not the Customer Who Sets PricesWednesday, October 28, 2015 The price of your product or service can not be left to the will of the customer and must respond to its value in terms of the satisfaction that the purchase generates. In its analysis of the issue the president and founder of FIJACIONDEPRECIOS.COM, Ariel Baños, cites two geniuses in innovation: Electrical Materials: $3 Million TenderFriday, October 26, 2018 The Costa Rican Institute of Electricity tenders the supply of power cables, boards, network materials and electrical, under the mode of delivery on demand. Costa Rica Government Purchase 2018LA-000027-0000400001: Optical fiber Speeds Ahead in Costa RicaMonday, July 13, 2015 More companies are brining fiber optics to households in the greater metropolitan area of Guanacaste, promising profound changes in the market of fixed internet services. Netsys is one of the companies which will start offering residential fiber optic services in the area of Rohrmoser, while Coopeguanacaste will be focusing on the central districts of Nicoya, Santa Cruz and Carrillo. Large Residential Communities on the Rise in Costa RicaMonday, August 1, 2011 Inspired by the growth of Los Reyes, multiple residential developments are being built in vast areas. Los Reyes was the first of its kind in Costa Rica. Located in a 324 hectare area in Alajuela, it combines residential solutions in large areas with other services like a club, swimming pool, golf, tennis and football facilities. Costa Rica Restricts Investments in ElectricityMonday, August 15, 2011 An editorial in Nacion.com describes the limitation imposed by the law on the investment of private capital in electricity generation as "a cap on development" . Private companies are not allowed to build plants of over 50 MW of capacity. When an investment is made with a view to exploiting the plant for its entire lifetime, without a transfer to state power company ICE, the limit drops to 20 MW. X-ray Equipment TenderThursday, January 24, 2013 The Costa Rican Social Security Department is putting out to Tender nine X-ray machines for the hospitals Calderon Guardia, Mexico, San Juan de Dios, Escalante Pradilla, Ciudad Neily and Monseñor Sanabria. The call is for the Public Acquisition of nine X-ray machines for conventional use for single studies of various types (column and overhead) or modalities (digital or analog). Soaps and Cleaning Products: Business in Central AmericaMonday, February 11, 2019 From January to June of last year, countries in the region imported soaps and cleaning preparations for $71 million, and 60% were purchased by companies in El Salvador and Guatemala. Figures from the Trade Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graphic"]
MARKET STUDY
Cleaning Products: Purchases from U.S. up 6%Thursday, October 31, 2019 From January to March 2019, countries in the region imported soaps and cleaning preparations for $37 million, and purchases from U.S. companies grew 6% over the same period in 2018. Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graphic"] |
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