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Costa Rica Business and Company News
This category contains news about companies doing business in Costa Rica and articles related to the business environment.
GW Plastics Building New Plant
- Tuesday, 21 February 2012 04:48
- Last Updated on Friday, 17 February 2012 10:20
- Written by Rod Hughes
GW Plastics has decided to build an entirely new plant here in Costa Rica, instead of trying to expand and retrofit an existing facility, Vice President of business development Tim Reis said this week.
GW announced its intentions last June and the new 33,000 sq. ft. facility will be ready in the last quarter of this year. "We decided to build a new facility," Reis said, because at the end of the day , an injection molding plant requires a specific type of footprint," Reis said.
Post Office Offers New Services
- Monday, 20 February 2012 04:50
- Last Updated on Friday, 17 February 2012 10:20
- Written by Rod Hughes
Responding to the challenge of the Internet with its e-mail and text messaging that has resulted in a decline of "snail mail," the nation's post office (Correos) is offering new services to remain relevant.
An overwhelming number of younger Costa Ricans have never received a letter delivered by hard-working postmen to their homes and the bundles of letters that once left and arrived at businesses have dried up. But in the next two months, Correos will modernize.
Blackberry Production Up Sharply
- Thursday, 16 February 2012 03:44
- Last Updated on Wednesday, 15 February 2012 13:08
- Written by Rod Hughes
In a country once known only for its fine coffee and banana production, the diversification of crops has increased tremendously in the past 50 years. But nowhere is it more marked than in the rise in blackberry (mora in Spanish) production.
The business publication El Financiero reported last summer that the berry's increased popularity may be due to discoveries about its high anti-oxidant content. (Anti-oxidants are known for cancer prevention characteristics.)
Six of 10 Workers over 60 Years Old
- Wednesday, 15 February 2012 05:19
- Last Updated on Tuesday, 14 February 2012 11:34
- Written by Rod Hughes
Costa Rica's work force is getting older rapidly. A University of Costa Rica study reveals that some 128,000 of its work force are more than 60 years old. The study was part of the 2011 census.
Statistician Juan Diego Trejos of UCR explained that part of the reason the elderly are working past retirement is that the pensions are simply not keeping up with the cost of living. Also, the entire population is growing older as the birth rate has dropped to 0.9% of women of child-bearing age.
Mars Inc. Sues CR Distributor
- Wednesday, 15 February 2012 04:28
- Last Updated on Tuesday, 14 February 2012 11:40
- Written by Rod Hughes
The candy giant Mars. Inc. sued its longtime Costa Rican distributor, Constenla S.A. and Grupo Constenla in U.S. District Court, seeking relief against the Costa Rican firm. An appeal against the court's dismissal of the suit was recently turned down in Mississippi and the most recent suit affirmed the dismissal..
The Mars subsidiary, ITL International, formerly known as Master Food Interamerica, d.b.a. Mars Caribbean and Central America, previously filed a civil suit against Constenla that was dismissed for lack of personal jurisdiction over the defendant.
Starbucks to Open Costa Rica Store
- Tuesday, 14 February 2012 05:10
- Last Updated on Monday, 13 February 2012 09:40
- Written by Russ Martin
According to El Financiero, the first Starbucks coffee shop will open in May in the Avenida Escazu shopping center. According to Manuela Velásquez, the marketing director of Corporación de Franquisias Americanas (CFA) which operates the franchise in Central America, there are no plans in the works for additional locations at this time. Although they expect to open shops in other shopping malls and in independent locations eventually.
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Newsflash
A fijatevos.com Heads Up: Want to see some excellent photos of Costa Rica? CNN makes use of what it does best, giving iReport amateurs a chance to play journalist with arresting pictures and commentary, this time on its Travel Adventure page. http://ireport.cnn.com/topics/629368?hpt=itr_bn1 The feature is so compelling that it made fijatevos staffers want to go there -- even though they already live in the country! Some of the commentary also gives two excellent reasons for visiting Costa Rica in the off season: fewer tourists and generally lower prices. |
