The Superintendent of Financial Institutions (SUGEF by its initials in Spanish), made the announcement that 23 companies are offering financial products and brokerage services outside the law. These companies promise high profits, account management positions through stockbrokers abroad, with operations one or various businesses and the use of Internet sites for this.

The problem is that according to the law regulating the securities market, it is illegal to offer such products or...

larryhans

The historic house in Heredia known as Casa Jenaro and declared a historical heritage is in danger of being demolished. The Center for Research and Conservation of Cultural Heritage of the Ministry of Culture and Youth, fears that the demolition order will have to be given. This is because a complaint was raised with the health rector in the province of Heredia, indicating that the house is a risk to people passing near the building.

Jenaro House is a two floor adobe house and was...

marcob

The study was conducted by the German firm GFK, The Marketing Group for the Chamber of Commerce. The results indicated that consumers are more pessimistic about the future of the Costa Rican economy than three months ago. The index of consumer confidence in September got a score of 65 the highest being 200.

This figure reflects a decline of 19 points compared with the one made in June, which was 84 points. The chairman of the Chamber of Commerce, Oscar Cabada, said that the decline...

emmanuelgr