US Housing Crisis Not Affecting Costa Rica |
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Written by Administrator
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Thursday, 01 November 2007 |
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The crisis in the US housing and financial markets, already spreading to Germany and Japan, is not expected to have a serious impact in Costa Rica, experts said this week.
Despite concerns with a record number of Americans set to lose their homes to foreclosure and house prices getting lower all the time, the general consensus is those buying in Costa Rica are not likely be greatly affected. |
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Last Updated ( Thursday, 01 November 2007 )
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AyA Says Garabito Water Plant On Track |
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Written by Administrator
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Tuesday, 23 October 2007 |
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Garabito is on schedule to get a new potable water treatment plant early next year, Costa Rica’s Institute of Aqueducts and Sewers, has announced.
Plans for the property where the plant is to be installed, as well as the distribution network, are “updated and ready,” according to a statement by the Instituto Costarricense de Aquaductos y Alcantarillados (or AyA).
The new treatment plant should be ready by February, the AyA said, and will be capable of pumping 60 liters per second during the rainy season and 40 liters per second in the dry season. |
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Foreign Direct Investment Continues to Grow |
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Written by Administrator
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Tuesday, 23 October 2007 |
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Foreign direct investment in Costa Rica shot up 71% IN 2006, according to a new study released by the U.N. Conference on Trade and Development (UNCTAD). Known as the World Investment Report 2007, the study found that foreigners directly invested $1.47 billion in Costa Rica last year. |
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Costa Rica Wins UN Security Council Seat |
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Written by Administrator
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Thursday, 18 October 2007 |
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Dominican Republic withdrew its bid for a seat in the United Nations Security Council, paving the way for Costa Rica to occupy the post, declaring it was in defense of the unity and solidarity of Latin America and the Caribbean. "The Unity of Latin America and the Caribbean is first of all and more than ever in a world riddled with difficulties", acting Dominican ambassador Enriquillo A. del Rosario Ceballos expressed when speaking at the plenary of the General Assembly. |
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The Economic Boom With Costa Rica Real Estate Has Resulted In Funds For New Airports |
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Written by Administrator
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Tuesday, 16 October 2007 |
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The Economic Boom With Costa Rica Real Estate Has Resulted In Funds For New Airports In Costa Rica Along the Southern Pacific Coast Making Costa Rica's Southern Pacific Coast more accessible will benefit everyone interested to invest in real estate in Costa Rica as well as those who want to vacation there. |
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