Malinche Costa Rica Newrest Press Relase - Only three months after launching its operations in Costa Rica, the Newrest Group is proud to announce the inauguration of its first restaurant specifically created for Central America: the Deli'Malinche. This novel concept, now open at the Juan Santamaria International Airport (SJO), located in the province of Alajuela and not far from San Jose, w...

SAN JOSE, COSTA RICA--(Marketwired - Sep 23, 2015) - Bosch Service Solutions, a leading supplier of Business Process Outsourcing, expands its global network with the opening of its first business service center in Costa Rica on September 23th. The site will provide business support in finance, accounting and technical operations for the Bosch Group in North America as well as technical support for...

Source: VMware WMware, a major enterprise dedicated to virtualization at the server and desktop levels, is looking for top talent to join them at VMware’s Open House event on October 2 and 3 in Heredia, Costa Rica. Opened in 2012, the WMware Costa Rica office is located in the Free Trade Zone (Zona Franca) America and supports management services and internal processes that power VMware’s i...

New York, September 18, 2015 -- Moody's Investors Service, ("Moody's") assigned a provisional rating of (P) Ba2 to Aeris Holdings Costa Rica S.A. de C.V.'s issuance of approximately US $127 million of senior notes ("Notes"). Proceeds will be used to refinance the outstanding loans consisting of roughly $89 million obtained in 2011 from Overseas Private Investment Corporation and Inter-American Dev...

Sprint OVERLAND PARK, Kan.--(BUSINESS WIRE)--Whether you are island-hopping through the Caribbean, escaping to Fiji or touring France, your world just expanded with Sprint. Thirty-three destinations have been added to the free Sprint Open World add-on service, giving customers unlimited free texting and great rates on calls and high-speed data. Sprint Open World For customers traveling ...

San Diego, California (PRWEB) September 15, 2015 -- Mexico Soft Landing company Co-Production International (CPI), is releasing a white paper, “Checklist: The Top 7 Criteria for Choosing a Medical Device Manufacturing Location”, at the American Medical Device Summit 2015 that will be held in Chicago on September 21-22, 2015. As Manufacturing Expansion Experts, CPI provides a range of site selec...

New York, Sep 15 (EFE; additional reporting by The Costa Rica Star).- Hewlett Packard on Tuesday announced that it intends to lay off up to 30,000 workers to help cut costs by some $2.7 billion. The tech giant made the announcement in a communique issued from San Jose, California, which listed a series of measures to be taken to restructure the business group. The move was announced during a...

Wikimedia Commons QSRweb.com Press Release -- QSR International, developer of Quiznos, Smashburger and Teriyaki Experience franchises throughout Latin America and the Caribbean, announced the divestiture of 32 of its 33 KFC Costa Rican restaurants to Intelectiva Costa Rica SRL, led by Mexican businessman, Roberto González Alcalá. This divestiture will allow QSR International to focus on gro...

The Greenback The currency exchange rate between the United States dollar (USD) and the Costa Rica colón (CRC) in recent days has registered an uptick in favor of the greenback; however, some analysts believe that this is a trend that may not last too long. High trading volumes in the MONEX, a national trading platform that provides direct access to foreign currency exchange (forex) investo...

Source: Las Catalinas Job seekers in the province of Guanacaste, preferably bilingual, are encouraged to attend the job fair at Las Catalinas, which will take place today, Saturday September 12th, at the Huacas Community Center from 9:00 am to 4:00 pm.   Las Catalinas is a new beach town located on the Guanacaste Gold Coast of Costa Rica, on the pristine Playa Danta.  Its purpose is...

Market and industry research firm Canadean recently announced the availability of its latest report: Costa Rica Beer Market Insights 2015. SUMMARY The beer market saw growth in 2014 with low priced imports help fuel demand. The market remains a virtual monopoly but craft beer saw strong growth. Imports increased due to a key demographic favoring imported beer. Craft beer saw growth through c...

NEW YORK & SAN SALVADOR, El Salvador--(BUSINESS WIRE)--Fitch Ratings has affirmed Banco BAC San Jose, S.A.'s (BAC San Jose) long-term Issuer Default Rating (IDR) at 'BBB-'. The Rating Outlook is Stable. A full list of rating actions follows at the end of this press release. KEY RATING DRIVERS BAC San Jose's IDRs and National Ratings reflect the support it would receive from its parent, B...

Cerveceria Costa Rica, maker of iconic beer brands such as Imperial and Pilsen, recently released a new alcoholic beverage aimed at young adults. Bliss, an eight percent proof drink with flavors based on tropical fruits, hit the market in on May 18th, but lukewarm marketing efforts have not succeeded in making the brand known in Costa Rica.According to a report filed by Cristina Fallas Villalobos ...

File image Pointe-Claire, Quebec (marketpressrelease) September 4, 2015 - 1010 103, a Montreal, Canada, US and international long distance calling service provider, recently announced lower international phone rates being offered to call various Central American countries observing their Independence Days. The President of 10 10 103, Alejandro Bitar, said, "Our lower international phone calli...

Source: Banco Central With a fiscal deficit approaching six percent of gross domestic product (GDP), Costa Rica is increasingly looking at tax reform as a viable option. At one point, the administration of President Luis Guillermo Solis hinted at the possibility of increasing enforcement, which many analysts believe is sorely lacking in Costa Rica; alas, such an option is taking a backseat to ...

Sea Bird Sailing Excursions, a renowned tour operator based in Costa Rica's Gold Coast, is currently offering its business assets for sale. This is an exciting business opportunity for anyone interested in profiting from the lucrative tourism industry in the province of Guanacaste. This well-established business is currently located in Playas del Coco, less than 30 minutes away from the Liberia...

NEW YORK, Aug. 27, 2015 /PRNewswire/ -- Markets Group will host the 3rd Annual Private Wealth Latin America & The Caribbean Forum, the largest conference of the wealth management space. This event is a two day series of presentations, panels, roundtables and interviews on October 20th and 21st at the JW Marriott in Miami, Florida. Attendees will meet and hear from three different keynote ad...

Bayer SAN JOSE, COSTA RICA--(Marketwired - Aug 27, 2015) - The Bayer Group opened a plant for the production of a non-reversible permanent contraceptive device today, with an investment of US$12 million and an initial employment generation for up to 75 people. The plant, located in the Zona Franca Metropolitana in Barreal de Heredia covers about 1,400 square meters, dedicated to the assembl...

Source: PPG By Carolina Ruiz Vega Glidden, a painting brand of PPG Industries, the world’s leading coatings company, and El Lagar stores signed a distribution agreement in Costa Rica. "Our brand of paints and coatings is joining with another market leader, El Lagar, for distribution in Costa Rica, with the aim of further strengthening our presence in the country," said Horacio ...

CostaRicaMedicalGuide.com For many people in the United States and Canada, the decision of traveling to medical tourism destinations such as Costa Rica is usually made after doing online research. Some patients are able to get word-of-mouth information from friends, relatives or associates who have experienced Costa Rica and are knowledgeable about the medical tourism industry, but this is har...

Source: Sprout New York, Aug 20 (EFE).- Canadian drug maker Valeant Pharmaceuticals International said Thursday it has agreed to acquire North Carolina-based Sprout Pharmaceuticals, maker of a pill that increases women's sexual desire, for $1 billion in cash and a share of future profits. The announcement comes two days after the U.S. Food and Drug Administration approved the drug, flibanse...

LAS VEGAS, Aug. 17, 2015 /PRNewswire/ -- Pure Hospitality Solutions, Inc., (OTC: PNOW) announced today, that the Company is making arrangements for its Central American-Caribbean online travel hub, Oveedia (an OTA), to be a prime exhibitor at "Expotur 2016", one of Central America's largest travel and industry conventions. Oveedia's exhibiting at Expotur 2016 will afford management the ability to ...

Montreal, Canada --(PR.com)-- This week, CanSanté Inc hosted the first ever Medical Tourism Trade Show of its kind in Palais des Congrès Convention Centre, Montreal, Quebec, Canada. Destination Health will be open to the public, attracting national and international exhibitors to promote both national and international medical tourism. According to Destination Health, over 800,000 Canadians tra...

Crowne Plaza in San Jose. Source: ICT ICCA Press Release / San Jose, Costa Rica – Last month, the Costa Rica Tourism Board (ICT) launched a new marketing campaign, “From Green Space to Meeting Space,” that aims at highlighting the reasons why Costa Rica is an ideal destination for meetings, congress and conventions. “Many have enjoyed Costa Rica’s biodiversity for leisure and are unaware of...

Costa Rica (PRWEB) August 11, 2015 -- Believe it or not, Spanish is the fourth most widely spoken language in the world. While learning a new language is exciting, it can also be downright challenging to master without the proper tools in place. That’s where SpanishBackpack.com comes into play. “Our goal at SpanishBackpack.com is to provide Spanish teachers and Spanish students with a fun tool ...

Sprint OVERLAND PARK, Kan.--(BUSINESS WIRE)--The new free Sprint Open WorldSM add-on offers customers free calls and texts to Canada and Mexico with calls starting at just a nickel to Latin America, the Dominican Republic and more than 180 other countries when added to a domestic service plan. For those who like to travel, it boasts free unlimited calls and texts when traveling in Canada, Mexi...

Wikimedia Commons New York, Aug 9 (EFE).- Berkshire Hathaway, the conglomerate controlled by billionaire Warren Buffett, is near a deal to acquire Precision Castparts for $30 billion, The Wall Street Journal reported. The acquisition of Precision Castparts, a maker of parts for aircraft, electric utilities and the energy industry, could be announced this week, the Journal said, citing peopl...

PANAMA CITY--(BUSINESS WIRE)--Starbucks Coffee Company (Nasdaq:SBUX), together with Premium Restaurants of America (PRA), its long-term strategic licensing partner in Central America, today opened its first store in Panama, making it Starbucks 15th market in Latin America and 67th worldwide. Located in Panama City’s Street Mall shopping center, the new store proudly features Starbucks Reserve™ Pan...

Source: LATAM Sao Paulo, Aug 6 (EFE).- LATAM Airlines Group, which was born from the 2012 merger of Chile's LAN and Brazil's TAM, said here Thursday that it will unify all of the conglomerate's brands under the name LATAM. Despite current political and economic challenges in Brazil, the region's biggest market, the group is looking to embark on "new paths and therefore uniting the brands is...

Source; Flickr Commons Washington, Aug 4 (EFE).- The U.S. Justice Department has opened a criminal probe into Deutsche Bank AG, suspected of operations that involved money-laundering trades worth billions of dollars for Russian clients, Bloomberg News reported Tuesday. By means of the so-called "mirror trades," clients have been able to move enormous sums from Moscow to London and from rubl...

KANNAPOLIS, N.C.--(BUSINESS WIRE)--There are college students in Costa Rica balancing long hours in the laboratory with high-level science classes who are wondering where their education will take them. For at least two students, the answer is North Carolina. Dole Food Company is sponsoring banana and pineapple PhD programs in partnership with NC State University (NCSU), the NC Research Campus ...

ASPEN, Colo., July 29, 2015 /PRNewswire-USNewswire/ -- Anne Welsh McNulty and the Aspen Institute today announced the eighth annual John P. McNulty Prize laureates, a group of extraordinary leaders who bring the spirit of innovation that characterized their success in the private sector to address some of the most intractable problems facing our world today. The 2015 Laureates are making a sign...

NEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed Instituto Costarricense de Electricidad y Subsidiarias' (Grupo ICE) foreign- and local-currency Issuer Default Ratings (FC/LC IDRs) at 'BB+' as well as its National Scale ratings at 'AAA(cri)'. The Rating Outlook remains Negative. A complete list of rating actions follows at the end of this release. Grupo ICE's ratings are supported by its l...

SBWIRE Press Release -- A new market report from ResearchMoz.us indicates that the insurance sector of Costa Rica is poised for sheer growth and expansion over the next few years. "The Insurance Industry in Costa Rica - Key Trends and Opportunities to 2019: Global Industry Size, Shares, Growth, Analysis, Trends And Forecast" is the name of the report, which includes the following highlights: T...

Alleged Greenwashing by Infinito Gold The controversial Canadian mining firm that fought against Costa Rica for nearly a decade over the Crucitas open-pit project has formally suspended its arbitration case presided by the International Center for Settlement of Investment Disputes, which serves the World Bank. According to a news report filed by Manuel Sancho of online news daily CRHoy.com,...

SEATTLE & PURCHASE, N.Y.--(BUSINESS WIRE)--Starbucks (NASDAQ: SBUX) and PepsiCo, Inc. (NYSE: PEP) today announced they have entered into an agreement for the marketing, sale and distribution of Starbucks® ready-to-drink (RTD) coffee and energy beverages including Starbucks® Frappuccino® chilled coffee drinks, Starbucks Double Shot® Espresso and Cream, and Starbucks Refreshers® beverages in Lat...

ALBANY, New York, July 23, 2015 /PRNewswire/ – High cost of medical treatment in developed countries has fueled the development of medical tourism, causing patients to visit other destinations for cheaper yet sophisticated treatment. Transparency Market Research, in a recent report, studies the emergence and growth of the global medical tourism industry. The report is titled "Medical Tourism Marke...

Source: Banco Central A legislative inquiry into the salaries of public sector employees is causing indignation among politicians, labor unions and the public in Costa Rica. Legislator Otto Guevara, a former presidential candidate representing the Libertarian Movement, has been leading a series of inquiries into the payrolls of government institutions as well as government-sponsored entitie...

Andrew Stark (left), owner of The Costa Rica Star meets U.S. Ambassador Haney Titusville, Florida. July 12, 2015. The Minority Chamber of Commerce is pleased to announce the U.S Ambassador in Costa Rica, Hon. S. Fitzgerald Haney, has accepted our invitation to attend as Keynote speaker during the Costa Rica –Minority U.S. Business Trade Mission to be held next August 19-24 in San Jose, Costa R...

Wikimedia Commons Washington D.C., July 14, 2015 (SEC Press Release) — The Securities and Exchange Commission today charged 15 individuals and 19 entities for their roles in alleged schemes to manipulate the trading of microcap stocks. The 34 defendants include six firms alleged to have acted as unregistered broker-dealers catering to customers who sought to conceal their stock ownership and m...