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Dexchange rate to have “some stability”

In The Coming Months

QCOSTARICA – Miguel Cantillo, a professor at the School of Economics of the University of Costa Rica (UCR), who is also a specialist in this matter, foresees that the dollar exchange rate will have “some stability” in the coming months, despite the abrupt changes reflected in recent weeks.

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According to Cantillo, several factors explain why the colon has gained more strength than had been predicted at the end of last year.

Among the various reasons, Cantillo points to direct foreign investment and the effect of the national premium on treasury bonds, which has fallen by around 20% since the middle of last year. This, coupled with a better fiscal situation, means that Costa Rica has improved its risk perspectives to invest. In addition to the above, the country offers interest of 9% on these bonds in short-term investments in Costa Rica and the United States, much higher than the 4.75% of US bonds.

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MOPT says “very difficult” to extend the RTV extension

QCOSTARICA – The Ministerio de Obras Públicas y Transportes (MOPT) sees it as very difficult to extend the extension that lagging vehicles have with the requirement of a vehocular technical review (RTV) as a result of the change of service provider.

The change has resulted in appointment saturation problems, especially in smaller stations, despite the extended hours the DEKRA company has implemented.

Since January 9, the RTV expired for vehicles exonerated whose plates end in 1, 2, and 3; on February 9 for those that end in 4, 5, and 6; and on March 9 for those with license plates 7, 8, and 9. April 9 is those that end in 0.

The problem is the backlog is such that available appointments are weeks away at some stations. Imagine yourself being the owner of a with license plates 7, 8 and 9 and being told that the first appointment is March 10 and onwards.

Changing stations can make a difference, not a major headache for those living in the greater metropolitan area. Not so much relief for those living in remote areas such as the southern zone or Guanacaste. Read more click here.

The Most Promising Trends in Mobile App Development for 2023

Applications are essential to our day-to-day existence. Apps are widely used by businesses to enhance customer experiences and internal processes. Over the last 10 years, there have been several improvements in app development that have resulted in a broad variety of new applications that have altered how consumers and companies go about their everyday business.

What Exactly is Mobile App Technology?

The term “mobile application technology” refers to a variety of frameworks, tools, parts, and libraries that are used to develop mobile apps. In today’s digitally sophisticated market, mobile app technology is essential for expanding your audience and generating a fortune. Growing applications enable organizations to expand their reach beyond what is possible with a standard website or antiquated desktop software.

Additionally, a mobile application developed with the aid of the appropriate technological stack or mobile app development services contributes to an increase in ROI and competitive advantage. Read more. CLICK

Bill to regulate Uber, DiDi and InDrive will be presented at the end of the month

A new attempt by the Executive Branch, this time under the Chaves administration, to regulate the different mobility platforms existing in the country will be reflected in a bill that will be presented to the Legislative Assembly in the last days of February.

The text, which is in the final stages of review, includes aspects such as the insurance of Uber, DiDi, and InDrive drivers as independent workers before Caja Costarricense de Seguro Social (CCSS), and the payment of tax charges, among others.

The Government’s intention is to create an environment of parity between the paid transport of people by taxis and mobility apps, the latter of which have been operating in the country illegally for approximately seven years.

Read more.

How beautiful Costa Rica looks from space

A view of our part of the world, and our place in it, from space. If only there were no borders, political lines, dividing us.

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