The National Chamber of Tourism pressed the Central Bank of Costa Rica to lower its policy rate as the industry struggles with competitiveness. Canatur sent a letter to bank executives that outlined the risks of inflation remaining outside the tolerance range and a dollar exchange rate that matches levels from more than 20 years ago. …
Read more “Costa Rica Tourism Chamber Calls for Central Bank Rate Cuts”
Elena Rybakina produced the headline result at the Miami Open, fighting back from a set down to beat Jessica Pegula 2-6, 6-3, 6-4 and book her place in the semifinals. The Kazakh star adjusted after a rough opening set, took control of the baseline exchanges, and closed out her fifth straight victory over Pegula. The …
Read more “Rybakina Rallies into Miami Open Semifinals and Sets Up Blockbuster Clash”
Travel demand to Costa Rica is rising right now in a way that reflects more than seasonal patterns. It also shows how travelers are reacting to uncertainty. Concerns about the Transportation Security Administration, expectations of higher fuel costs, and smarter timing strategies are pushing many people to book trips earlier than usual, with Costa Rica …
Read more “Costa Rica Travel Bookings Rise as U.S. Flyers Act Before Costs Climb”
Costa Rican police uncovered a hidden underground storage facility packed with equipment used for illegal gold mining during weekend operations in Cerro Conchuditas, in Cutris de San Carlos, near the Nicaragua border. The Fuerza Publica (Public Force) said specialized officers from the Operational Support Group and the Intervention Unit used metal detectors to locate the …
Read more “Costa Rica Police Find Underground Illegal Gold Mining Storage Site”
The public agency that operates the waterway plans to build a 4,600-hectare reservoir on the Indio River, west of the existing route, to store water and protect canal operations from future droughts. Officials said Tuesday that roughly 50 families, or about 200 people, will move first as preparatory work advances in the priority zone for …
Read more “Panama to Begin Resettlements for Indio River Reservoir Next Year”
Yard House opened its first restaurant outside the United States in Costa Rica. The U.S. chain selected the country for its international expansion and set up shop at the Avenida Escazú shopping center. AR Holdings released a statement Wednesday about the new site. The company handles operations in Costa Rica. The restaurant covers about 902 …
Read more “Yard House Opens First International Restaurant in Costa Rica”
Confusion over Costa Rica’s new agreement with the United States to receive deported migrants grew Tuesday as the director of migration said his office has received no details and holds no implementation plan. Omer Badilla, head of the Dirección General de Migración y Extranjería, told lawmakers his agency lacks official information on the pact signed …
Read more “Costa Rica Migration Chief Admits No Plan for US Migrant Deal”
Monteverde Cloud Forest Preserve now requires visitors to book timed-entry tickets through a new reservation system. The change took effect to limit daily numbers and safeguard the trails as high season brings more crowds to the area. The preserve, managed by the Tropical Science Center, operates with scheduled entry times for all self-guided and guided …
Read more “Monteverde Reserve Caps Daily Visitors with Online Timed Entry System”
Spain’s Martin Landaluce produced the biggest surprise at the Miami Open, saving a match point and rallying past Sebastian Korda 2-6, 7-6(6), 6-4 to reach the quarterfinals in Miami. The 20-year-old qualifier entered the day ranked No. 151 in the world, and ATP Tour said he became the lowest-ranked men’s quarterfinalist at the tournament since …
Read more “Miami Open Upset as Martin Landaluce stuns Sebastian Korda”
President-elect Laura Fernández defended Costa Rica’s new migration agreement with the United States on Tuesday, arguing that the deal gives the country flexibility while deepening cooperation with a key security partner. The agreement, announced Monday during a visit by U.S. envoy Kristi Noem, would allow Washington to transfer up to 25 non U.S. nationals per …
Read more “Costa Rica President Elect Laura Fernández Backs US Migration Deal”