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Costa Ricans owe more than ˘400,000 billion in credit card debt

Posted Yesterday at 12:52 PM by emmanuelgr
This amount includes those who pay the debts at the cut-off date and therefore do not pay interest as well as those using credit card financing.

The sum comes from existing cards (as of October), which are estimated by the Superintendent of Financial Institutions (SUGEF by its initials in Spanish) based on the information given to it by banks and other financial intermediaries.

The figure excludes the amounts owed through card issuers that do not operate as intermediaries,...
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A work renewed

Posted Yesterday at 11:56 AM by marcob
After 34 years of an intense trajectory, the Costa Rican artist, Guillermo “Chino” Porras, believes that the time has come to explore unknown creative directions.

Porras began a new phase of his artistic career with an exhibition of recent works at 11-12 Gallery, located in the Plaza Itzcatzú shopping center.

The artist exhibits nine paintings in large format, in which he retrieves the soul and colors of his native Limon, with a language ever closer to abstraction. ...
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Clashes over FTA with China

Posted 11-20-2008 at 03:17 PM by emmanuelgr
The Free Trade Agreement (FTA) negotiation between Costa Rica and China put different chambers of Commerce and Industry on the sidewalks.

The industrial sector, on the one hand, attacked the Ministry of Foreign Trade for developing an opinion in favor of an FTA with China, which was described as “limited and very general.”

This agreement projects for exports by Costa Rica to grow 11%, while it projects for imports from China to grow 6%, according estimates.
...
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Driver’s tests to be done only in vehicles with manual transmissions

Posted 11-20-2008 at 11:53 AM by marcob
In Costa Rica, anyone interested in obtaining a driver’s license will have to do the practical test in a vehicle with a manual transmission because the Ministry of Public Works and Transport (MOPT by its initials in Spanish) will no longer accept automobiles with automatic transmissions. The new provision took effect Wednesday, Nov. 19, according a press release sent by the MOPT.

The authorities argue that the measure will make the process more rigorous and will assess the driver’s...
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Large amount of paperwork prevents obtaining benefits for forests

Posted 11-19-2008 at 03:48 PM by marcob
In Costa Rica, excessive paperwork due to political decisions and actions make it almost impossible for entrepreneurs to have access to the benefits for sustainable forest management and the development of forest plantations.

This is what 50 experts, researchers, academicians and entrepreneurs from the sector who participated in a workshop determined.

The workshop was organized by the Tropical Agronomy Center for Investigation and Learning (Catie by its initials in Spanish)...
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