Wikimedia Commons EUROMONEY Press Release -- Leading figures from the banking and capital markets across Latin America gathered in London on Thursday to hear the announcement of Euromoney’s Awards for Excellence 2015, considered the benchmark for leading firms in financial services globally. BBVA has been named by Euromoney magazine as the best bank in Latin America. During the past year BB...

Pixabay Commons SAN JOSE, CA--(Marketwired - Jul 9, 2015) - The company GEP announced that it will install a services center in Costa Rica in the second half of the year. The company will hire multilingual professionals or advanced undergraduates with knowledge in management and engineering for its operation. The company will seek for talent with language skills in English, Portuguese, Fren...

NEW YORK, July 8, 2015 /PRNewswire/ -- Today BrainStation announced the signing of a definitive agreement to acquire Origami Academy, a leading Latin American digital education institute, based in San Jose, Costa Rica. Founded in 2013, Origami Academy delivers unique and innovative programming and educational offerings spanning web and mobile development, user experience and user interface design....

CINDE In 2013, Site Selection Magazine, an industry journal dedicated to business strategy and economic development, highlighted Costa Rica as one of the Top Ten “Best to Invest” countries in the world. For this reason, the administration of President Luis Guillermo Solis Rivera has been very busy in attracting foreign investment through the Costa Rican Investment Promotion Agency (Spanish ini...

HRH Prince Alwaleed Bin Talal HRH Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, Chairman of the Board of Trustees of the Alwaleed Philanthropies, today announced his intention to donate all of his wealth to philanthropy over the coming years to help build a “better world of tolerance, acceptance, equality and opportunity for all.” This $32 billion philanthropic pledge will help build bridges...

United Nations Framework Convention on Climate Change – Nearly 10% of Costa Rica’s greenhouse gas emissions stem from coffee production, an industry integral to Costa Rica’s national identity and economy. Café Costa Rica is a nationally appropriate mitigation action (NAMA) that takes a giant step towards Costa Rica’s ambitious goal of carbon neutrality by 2021 while also strengthening a vital indu...

"Xiaomi Redmi 2" by Vernon Chan - https://www.flickr.com/photos/vernieman/16161508853/. Licensed under CC BY 2.0 via Wikimedia Commons Sao Paulo, Jul 1 (EFE).- China's Xiaomi, the world's No. 5 producer of smartphones, is entering Brazil, where it plans to open its first plant outside Asia. Xiaomi, known as "China's Apple," is making its Redmi 2 smartphone available at its online store to B...

4Grinz.com San Jose, Costa Rica  (Marketwired - June 30, 2015) - Today's players are looking for the most immersive online casino games that are interactive, sophisticated, and very polished. They want the fun of playing for free with the option of gambling and games should be optimized for tablets and smartphones. 4Grinz.com achieves this and more, offering hundreds of state-of-the-art games ...

PerHeadStore.com San José, Costa Rica – Today, Per Head Store has announced that the company has hired 21 additional programmers to its existing team. This step is not only important for the company to stay on top if it comes to delivering software products that are innovative and leading in its niche, but also a great benefit for the local community in Costa Rica, as this step also creates ne...

Source: Wikimedia Commons SARASOTA, Fla., June 30, 2015 /PRNewswire/ -- xG Technology, Inc. ("xG" or the "Company") (Nasdaq: XGTI, XGTIW), a developer of wireless communications and spectrum sharing technologies, announced today that it has received an order for approximately $58,000 in xMax mobile broadband wireless equipment and services from Itellum, LLC ("Itellum"). This represents a follo...

Wikimedia Commons Washington, Jun 29 (EFE).- The U.S. government is not planning a federal bailout for Puerto Rico although the island is having severe financial problems and says its debt is unpayable, White House spokesman Josh Earnest said Monday. "There's no one in the administration or in D.C. that's contemplating a federal bailout of Puerto Rico," Earnest said at his daily press confe...

SAN JOSE, COSTA RICA--(Marketwired - Jun 26, 2015) - The multinational company Cargill opened its Cargill Business Services (CBS) center in Costa Rica. This business unit will provide services to the Americas in the areas of Finance and Human Resources, and in the future it will add services in information technology, strategic sourcing, transportation and logistics. Cargill decided to accelera...

Source: ATL Tech SPRINGVILLE, Utah, June 26, 2015 /PRNewswire/ -- ATL Technology, LLC, a top provider of electromechanical contract manufacturing of assemblies and devices with specialties in single use solutions, headquartered in Springville, Utah, has announced the acquisition of MedConx, Inc. (a California corporation with locations in Santa Clara, CA, and San Jose, Costa Rica). This acq...

ALPHARETTA, Ga.--(BUSINESS WIRE)--Agilysys, Inc. (Nasdaq: AGYS), a leading global provider of next-generation hospitality software solutions and services, today announced that Croc's Casino Resort in Jacó, Costa Rica, has selected a comprehensive solution suite ─ including systems for property management, point-of-sale, and inventory and procurement ─ to optimize efficiency and enhance guest servi...

Alleged Greenwashing by Infinito Gold Infinito Gold, the infamous Canadian mining and exploration company that was summarily prohibited from carrying out business in our country by popular demand, is in need of more money to pursue its lofty and quixotic arbitration claim against the government of Costa Rica. As reported by The Costa Rica Star in February: recently announced its acceptanc...

Jackson, Miss. (June 23, 2015) – Representatives from Mississippi Development Authority will lead a delegation of Mississippi companies on a business development mission to Central America Sept.19-25, 2015. The trip is designed to connect Mississippi businesses that want to expand trade and create new business relationships with qualified buyers in Costa Rica, Nicaragua and Panama. With the ...

Real Pay-Per-Head LOS ANGELES, CA, June 21, 2015 /24-7PressRelease/ -- The management team of Realpriceperhead.com, considered to be one of the world's largest bookie software providers, has announced a successful leveraged management of the website, as well as other brands from the PPH company. As a result, the pay per head company will now operate as a private organization with offices located...

Costa Rica is an increasingly expensive and prohibitive destination for foreign companies that wish to transfer their executives and staff to our country. Such was the report recently broadcast by national television network Teletica, which cited a research study by consulting firm Mercer Global. According to the Mercer report, the Greater San Jose Metropolitan Area (Spanish initials: GAM) rank...

Wikimedia Commons Panama City, Jun 18 (EFE).- Foreign direct investment (FDI) totaled $1.7 billion in Panama in the first quarter, up 32.2 percent from the same period in 2014, the National Institute of Statistics and Census, or INEC, reported. Foreign capital flowed mainly into hotels, banks, real estate, electricity generation, commerce and manufacturing, the INEC said. Some 65 percent...

Solar Energy Park in Guanacaste, Costa Rica MARYLAND HEIGHTS Mo., June 16, 2015 /PRNewswire/ -- SunEdison, Inc. (NYSE: SUNE), the world's largest renewable energy development company, today announced that it has signed a definitive agreement to acquire 100 percent of Globeleq Mesoamerica Energy (GME), Central America's leading renewable energy company. SunEdison will acquire a 70 percent inter...

New York, June 18, 2015 – Although Costa Rica continues to draw investors from around the world, challenges remain when it comes to boosting investment levels. Since taking office, President Luis Guillermo Solís has worked to increase the volume and nature of foreign direct investment. Despite the region’s weakening trade environment, the International Monetary Fund projects Costa Rica’s GDP to gr...

File image SARASOTA, Fla., June  17, 2015 /PRNewswire/ -- xG Technology, Inc. ("xG" or the "Company") (Nasdaq: XGTI, XGTIW), a developer of wireless communications and spectrum sharing technologies, announced today the successful installation and initial deployment of an xMax broadband network in Escazu, Costa Rica by Itellum, LLC ("Itellum"). This represents the first stage of xMax network de...

Solar power recharging station for electric vehicles in Costa Rica SAN JOSÉ, Costa Rica--(BUSINESS WIRE)--The prestigious EARTH University of Costa Rica and the German expert in capacity building Renewables Academy (RENAC) have launched the distance learning programme “Especialización en Energías Renovables”. This one-year interdisciplinary programme delivers knowledge about technology, all ph...

Source: Renovatio Austin, Texas (PRWEB) June 15, 2015 -- Renovatio Cloud Solutions (http://www.renovatiocloud.com), a market-leader in custom cloud based enterprise software solutions, has announced the official opening of its Costa Rican operations in San Jose, Costa Rica. The new operations will enhance the company’s delivery of enterprise solutions that maximize the ROI on mobility, cloud, ...

Source: Mondelez SAN JOSE, COSTA RICA--(Marketwired - Jun 15, 2015) - Mondelez International, proud maker of iconic brands such as Gallito and Oreo biscuits, Tang beverages, Trident gum and Halls candy, announced today that it has chosen Costa Rica as the location for a new Employee services (Human Resources) center that will support its North America business. The company confirmed tha...

In the world of ecologically-conscious real estate development, Costa Rica has enjoyed favored status in the Americas for a few decades; however, the challenges of getting some of these projects started are prompting some eco-developers to look at friendlier jurisdictions such as Belize. As a real estate activity, eco-development is firmly established in Costa Rica, which means that the governm...

US Commerce Department building. Wikimedia Commons June 8 2015 -US Dept. of Commerce- American businesses are expanding their networks to include Central American countries as additional markets for their goods and services. With assistance from the Commerce Department’s Foreign Commercial Service, two U.S. companies are establishing new global export markets within Costa Rica. The first co...

Wikimedia Commons RANCHO DOMINGUEZ, CA, Jun 02, 2015 (Marketwired via COMTEX) -- Dependable Global Express (DGX) is pleased to announce an increase in the frequency of current sailings of less-than-container-load ("LCL") shipments from the West Coast of the United States into the West Coast ports of Central and South America. Moving to a weekly sailing schedule, effective immediately, include ...

Selva Nueva Acquiring large plots of land for the purpose of protecting ecosystems and preserving nature is one of the latest trends in real estate, and the Central American region is very attractive in this regard. Philanthropists such as business mogul Sir Richard Branson and former US Treasury Secretary Hank Paulson are involved in the direct funding of environmental conservation projects; ...

Nearly 100 participants from Latin America and the Caribbean learned how to apply credit union advocacy lessons in their respective countries. Source: CU Insight SAN JOSE, COSTA RICA (May 29, 2015) CU Insight Press Release — CUNA Chief Advocacy Officer Ryan Donovan and Senior Vice President of the League of Southeastern Credit Unions and Affiliates Jared Ross shared best practices and key prin...

The Greenback When the Central Bank of Costa Rica announced its decision to forego the currency exchange bands and allow the United States dollar (USD) to flow with greater freedom against the Costa Rica colón (CRC), many budget-conscious travelers thought that the end of tight monetary intervention would signal a period of affordable vacations in our country. However, that has hardly been the...

San Jose, Costa Rica, (IFC Press Release) — IFC, a member of the World Bank Group, and the Green Building Council of Costa Rica (GBC-CR), today launched the EDGE green building certification system in Costa Rica to bolster eco-friendly construction and resource efficiency in new buildings. The launch took place during the GBC-CR International Green Building Congress: “Habitat and Sustainable Citie...

"Les femmes d’Alger, Picasso, version O" by Source (WP:NFCC#4). Licensed under Fair use via Wikipedia New York, May 21 (EFE).- A Qatari sheikh was the buyer who paid $179.36 million for Pablo Picasso's "Les femmes d'Alger," making it the priciest painting ever auctioned, the daily New York Post reported Thursday. The mysterious buyer of the Spanish painter's work was identified by the New Y...

Frankfurt and San José, 05 May 2015 - eco.business Fund has lent USD 10 million to Banco Davivienda Costa Rica to support companies that follow best practices in sectors such as agriculture or fisheries. These companies are certified by entities such as FairTrade International or Rainforest Alliance. The recently launched eco.business Fund promotes the conservation of biodiversity in Latin Amer...

BICSA in Panama. Wikimedia Commons NEW YORK & SAN SALVADOR, El Salvador--(BUSINESS WIRE)--Fitch Ratings has affirmed Banco Internacional de Costa Rica's (BICSA) Issuer Default Rating (IDR) at 'BB+' and its Viability Rating (VR) at 'bb' following a peer review of Panama's midsized banks. Fitch also affirmed BICSA's National Ratings in Panama. The Rating Outlook for the bank's IDR and Long-T...

New Bennigan's look. Wikimedia Commons SAN SALVADOR, EL SALVADOR (May 20, 2015) – Bennigan’s has long been one of the most popular American restaurant brands across the globe. Its focus on chef-driven food, innovative drinks and friendly Irish hospitality has helped it stand apart from other concepts that have come and gone over the years. Today, Legendary Restaurant Brands, owner of the ic...

Selva Nueva The international real estate market is currently sizzling with impressive real estate opportunities, and the Central American region is getting a lot of attention in this regard. Globalization and transnational free trade agreements are making it easier for foreign investors to acquire property around the world, and two of the most spectacular listings at this time are located in ...

Washington, May 20 (EFE).- The U.S. government said Wednesday that five of the world's largest banks have agreed to pay a combined total of nearly $3 billion in criminal fines and penalties for rigging currency rates. Those global financial institutions "for years participated in a brazen display of collusion and foreign exchange rate market manipulation and will as a result pay a total of near...

File image SARASOTA, Fla., May 20, 2015 /PRNewswire/ -- xG Technology, Inc. ("xG" or the "Company") (Nasdaq: XGTI, XGTIW), a developer of wireless communications and spectrum sharing technologies, announced today that it has received an order for approximately $100,000 in xMax mobile broadband wireless equipment and services which will be deployed in a network to be initially installed in Esca...

Selva Nueva Costa Rica MANHATTAN BEACH, Calif., May 14, 2015 /PRNewswire/ -- Premiere Estates Auction Company announces an auction date for the world's first Caribbean Basin multi-property auction to be held via sealed bid on June 18, 2015. An unprecedented endeavor, Premiere Estates Auction Company will offer $190 Million worth of collective inventory for sale under the direction of Tuvia Sab...