Daily Archives: Jul 1, 2013

Caldera road users leave $4 million a month in tolls on highway

Users of the San José to Caldera highway pay on average of $4 million per month in tolls to the private concessionaire that operates the route. The figure is about double the projection made at the time the contract was … Continue reading

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Spotted and bottlenose dolphins are faithful to Golfo Dulce

Experts believe that the population of dolphins that live in the Golfo Dulce are especially at risk because they remain indefinitely in the area, and never seek new territory. A long term study of the dophins shows they remain “loyal” … Continue reading

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Police officer turns over motorcycle while intoxicated

An police officer in Puntarenas was arrested on Sunday on charges of operating his motorcycle while intoxicated. Witnesses saw the officer drop his bike at least twice, and a police chief ordered an alcohol test, which the officer failed.

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Monetary and credit Contradictions

Experts are pointing out that recent policy decisions of the Central Bank appear to be in conflict, and they believe the bank is not acting with complete autonomy. In a decision to reduce inflation, the Central Bank has imposed limits … Continue reading

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Banks fear financial regulation will make credit more expensive

Experts are warning that proposed banking regulations would increase the costs of making loans. The proposal would require more rigorous bank audits and more review of loans, which are expected to make dollar denominated loans more difficult to acquire.

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CCSS considers charges for health insurance on pensioners

Among the proposals to improve the financial stability of the Social Security Fund (CCSS), is a proposal to charge the retired members a fee for their health coverage. If adopted, the measure would offset pension benefits over a period of … Continue reading

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