EDITOR'S PICKS


Costa Rica
TOURISM
Photo Essay: Guanacaste
Tip-Top Shape
A check up on medical tourism's potential in Guanacaste, Costa Rica's most developed tourist spot, will help the sector diagnose both problematic and prosperous segments.
read article

Costa Rica
TELECOMS & IT
Interview
Serving All Industries
TBY talks to Franklin Apuy, Vice President of NTT Data Services, on the strengths of the Costa Rican market and facilitating the growth of employees.
read article

Costa Rica
TELECOMS & IT
Interview
Market Leader
TBY talks to Johanna Escobar Guerra, Country Manager of Telefónica, on the company's extensive LTE 4G coverage, its commitment to customer satisfaction, and its innovations in the market.
read article

Costa Rica
ENERGY
Interview
Oil Change
TBY talks to Sara Salazar, CEO of RECOPE, on important projects on the books, helping Costa Rica to reduce its carbon footprint, and becoming a more efficient business.
read article

Costa Rica
GREEN ECONOMY
Interview
Water World
TBY talks to Yamileth Astorga, President of the Costa Rican Institute of Aqueducts and Sewers (AyA), on the challenges of providing high-quality potable water and working to prevent a water deficit.
read article

Costa Rica
GREEN ECONOMY
Review
Plant the Ignition
Costa Rica is building upon its longstanding reputation as an eco-friendly bastion via smart policies aimed at expanding electrical vehicle use and the launching of a new environmentally friendly eco-park.
read articleTABLE OF CONTENTS
SHOW ALL















Costa Rica
DIPLOMACY
Review
Dynamic Goals
As Beijing celebrated the 10th anniversary of diplomatic ties with Costa Rica in September, it pledged a generous aid package and promised to strengthen its ties with its most important Central American ally.
read article

Costa Rica
DIPLOMACY
Guest Speaker
Neighborly Relations
TBY talks to Luis Miguel Hincapié, Vice Minister of Foreign Affairs of Panama, on the benefits of the bilateral FTA, boosting tourism in both countries, and moving toward a process of integration.
read article

Costa Rica
DIPLOMACY
Interview
The Ties that Bind
TBY talks to Manuel Antonio González Sanz, Minister of Foreign Affairs, on new embassies abroad, multilateralism, and the challenges and benefits of not having an army.
read articleCosta Rica
DIPLOMACY
Focus: Military Abolition
Indefinite Furlough
In what seems to be an increasingly militarized world, Costa Rica offers an alternative route to political peace and economic prosperity thanks to the abolition of its military, now in its 70th year.
read articleCosta Rica
DIPLOMACY
Year In Review
What a Year
Costa Rica has hit headlines in recent years for all the right reasons; its solid green credentials, strong human resources, and increasingly high-tech manufacturing base put it in good stead to tackle the 21st century.
read article

Costa Rica
ECONOMY
Review
Smart Green
Growth in the high-tech manufacturing and ecotourism sectors has made Costa Rica's economy a regional leader and gives it a strong foundation upon which to build.
read article

Costa Rica
ECONOMY
Column
Private Companies
TBY talks to Franco Pacheco, President, UCCAEP, on the sector.
read article

Costa Rica
ECONOMY
Interview
A Force to Be Reckoned With
TBY talks to Pedro Beirute Prada, CEO of Procomer, on the agency's impact on the local economy and society, its strategy of export diversification, and the importance of partnership.
read article

Costa Rica
ECONOMY
Interview
Shining Example
TBY talks to Jorge Sequeira, Managing Director of CINDE, on Costa Rica's economic evolution, the most attractive sectors in the country, and being a partner for growth.
read article

Costa Rica
ECONOMY
Interview
Success Story
TBY talks to Dennis Whitelaw, President of AmCham Costa Rica, on promoting greater competitiveness, attracting more companies to the country, and its efforts to promote fair trade.
read articleCosta Rica
ECONOMY
Focus: Exports
More than Coffee and Bananas
With a focus on a highly educated, English-proficient workforce, Costa Rica is transforming itself from an economy dependent on agricultural exports to a skilled services economy.
read article

Costa Rica
ECONOMY
Forum
Security
Labor reform and new technologies are changing the private security market, and firms are stepping up accordingly.
read article

Costa Rica
ECONOMY
B2B
Services
By outsourcing services, companies can focus on their core operations and leave other aspects to the experts.
read article

Costa Rica
ECONOMY
Forum
Why Costa Rica?
More than just its focus on sustainability and green ethos, Costa Rica's people are the key reason why multinationals are here to stay.
read article

Costa Rica
GREEN ECONOMY
Review
Plant the Ignition
Costa Rica is building upon its longstanding reputation as an eco-friendly bastion via smart policies aimed at expanding electrical vehicle use and the launching of a new environmentally friendly eco-park.
read article

Costa Rica
GREEN ECONOMY
Column
Power Solution
TBY talks Silvia Chaves, Vice President, Florex, on the sector.
read article

Costa Rica
GREEN ECONOMY
Interview
Water World
TBY talks to Yamileth Astorga, President of the Costa Rican Institute of Aqueducts and Sewers (AyA), on the challenges of providing high-quality potable water and working to prevent a water deficit.
read articleCosta Rica
GREEN ECONOMY
Focus: Solar Energy
The Shining Sun
Costa Rica rolls out its first solar energy projects for the purpose of distribution to households, supplying residential power demands and advancing Costa Rica's already green reputation.
read article

Costa Rica
GREEN ECONOMY
Forum
Solar
When the energy sector in Costa Rica is opened up to the market, final users will reap the benefits, including lower prices and better-quality services.
read article

Costa Rica
GREEN ECONOMY
Interview
Free and Easy
TBY talks to Carlos Zacapa, Executive Director of the Green Park Free Zone, on its strategic decision to expand to Costa Rica, ensuring a sustainable business, and the importance of the human aspect.
read article

Costa Rica
FINANCE
Review: Banking
A Delicate Balance
Over the past 20 years the growth of Costa Rica's services sector has outpaced that of other economic engines, driven in strong measure by the financial services industry.
read article

Costa Rica
FINANCE
Column
Completely Obligatory
TBY talks to Roger Porras Executive Director, JUPEMA, on the sector.
read article

Costa Rica
FINANCE
B2B
Cooperatives
A key part of the Costa Rican economy, cooperatives seek to incorporate more technological innovations and forge closer commercial linkages with private companies to remain current.
read article

Costa Rica
FINANCE
Column
Working on Improving
TBY talks to Miguel Aguiar, General Manager, Banca Para el Desarrollo, on the sector.
read article

Costa Rica
FINANCE
Interview
Solid Base
TBY talks to Luis Carlos Delgado Murillo, President of the National Supervisory Council for the Financial System (CONASSIF), on the importance of collaboration between the private and public sectors and facilitating new business.
read article

Costa Rica
FINANCE
Interview
Pillar of Strength
TBY talks to Federico Odio, Country Manager of BAC Credomatic, on the need to remain up to date, providing solutions for SMEs, and its recent investments in the country.
read articleCosta Rica
FINANCE
Focus: Cooperatives
The Way Forward
Cooperatives are a critical social and economic lifeline for the country's rural communities. They are also an increasingly important contributor to the nation's financial sector.
read article

Costa Rica
FINANCE
Forum
Banks
The SME sector and technological innovation continue to be major initiatives for banks in Costa Rica.
read article

Costa Rica
FINANCE
Vox Populi
Capital investors
Though there are many opportunities to invest in Costa Rica, start-ups and entrepreneurial ventures are in short supply, hampering further development.
read article

Costa Rica
FINANCE
Forum
Insurance
Insurance companies are forced to provide a wide variety of offerings and focus on customer satisfaction given the small market size.
read article

Costa Rica
ENERGY
Review
Carbon Is Dated
Costa Rica continues to build on its already formidable renewable energy matrix on the road to carbon neutrality.
read article

Costa Rica
ENERGY
Column
Greater Wellbeing
TBY talks to Mario Patricio Solís, General Manager, Coopesantos, on the sector.
read article

Costa Rica
ENERGY
Interview
Energizing Growth
TBY talks to Carlos Obregón, CEO of Costa Rican Electricity Institute (ICE), on the issue of electricity prices and looking into alternative sources of generating energy.
read article

Costa Rica
ENERGY
Interview
Oil Change
TBY talks to Sara Salazar, CEO of RECOPE, on important projects on the books, helping Costa Rica to reduce its carbon footprint, and becoming a more efficient business.
read articleCosta Rica
ENERGY
Focus: Carbon Neutrality
Carbon Not Yet Gone
Costa Rica has made strides toward its goal of becoming the first carbon-neutral country in the world by 2021, but challenges remain in completing the systematic changes needed to lower emissions and transform all energy consumption.
read article

Costa Rica
ENERGY
Interview
Betting Big
TBY talks to Omar Miranda Murillo, General Manager of Coopelesca, on diversifying into energy generation, becoming more sustainable, and upcoming investment projects.
read article

Costa Rica
ENERGY
Interview
Regional Footprint
TBY talks to Elkin Suarez Durall, General Manager of Emerson Electronics, on the company's growth in the last few years, the peculiarities of Costa Rican talent, and his outlook for the future.
read articleCosta Rica
INDUSTRY
Review
Industrial Complex
Costa Rica's industrial sector has differentiated itself through its high-tech manufacturing, becoming a regional leader in medical and electronic exports.
read article

Costa Rica
INDUSTRY
Interview
Industry of the Future
TBY talks to Enrique J. Egloff, President of the Chamber of Industries, on facilitating a good business environment for companies, the benefits of the free zones, and the future of the sector.
read article

Costa Rica
INDUSTRY
Interview
Money Talks
TBY talks to Gastón Monge, CEO of Grupo Monge, on its operations in nano-credit, its regional aspirations, and managing risks.
read article

Costa Rica
INDUSTRY
Interview
Drink Up
TBY talks to Anibal Lagos, General Manager of FEMSA, on the benefits of working in Costa Rica, opportunities in the drinks segment, and regional differences in taste.
read articleCosta Rica
INDUSTRY
Focus: SME Integration
A Formal Affair
Costa Rica has been plagued by high levels of informality that have contributed to rising inequality, but a number of recent government initiatives are working to reverse this trend.
read article

Costa Rica
INDUSTRY
B2B
Printing
Leaders in Costa Rica's printing industry are focused on bringing innovative products to market—locally, regionally, and globally.
read article

Costa Rica
INDUSTRY
Interview
Reaching New Heights
TBY talks to Enrique Ortiz, President & CEO of Camtronics, on the advantages of pursuing quality, not quantity, and the potential of Costa Rica's aerospace sector.
read article

Costa Rica
INDUSTRY
Vox Populi
Aerospace Cluster
Companies in Costa Rica's aerospace industry, most specifically within the electronic and software segments, are excited to push the nascent sector's limits with the right products and high-quality human resources.
read article

Costa Rica
INDUSTRY
B2B
Advanced Manufacturing
Human capital has long been a key driver of Costa Rica's industry and manufacturing, and increasing competition is making quality labor even more important.
read article

Costa Rica
INDUSTRY
B2B
Distribution
With Costa Rica's strong emphasis on manufacturing and industry, distributors have been able to grow the country's food service market and are looking to replicate this success throughout the region.
read article

Costa Rica
TELECOMS & IT
Column
Our Goal
TBY talks to Cesar Barquero, General Manager, Control Soft, on the sector.
read article

Costa Rica
TELECOMS & IT
Review
New and Existing
TBY talks to Victor Ramirez, CEO, Electronet, on the sector.
read article

Costa Rica
TELECOMS & IT
Review
Closer to Home
The Costa Rican telecommunications market continues to expand quickly as regulators liberate mobile prices and push for greater access to the internet.
read article

Costa Rica
TELECOMS & IT
Interview
Market Leader
TBY talks to Johanna Escobar Guerra, Country Manager of Telefónica, on the company's extensive LTE 4G coverage, its commitment to customer satisfaction, and its innovations in the market.
read article

Costa Rica
TELECOMS & IT
B2B
Telecoms
Costa Rica's commitment to IT has made the country a regional leader in telecoms and an important market for leaders in the industry.
read articleCosta Rica
TELECOMS & IT
Focus: Fourth Industrial Revolution
The “IT” Industry
IT is fundamentally altering other industries, and automation is changing employment patterns—making Costa Rican IT the industry to be in.
read article

Costa Rica
TELECOMS & IT
Interview
Big Data, Big Changes
TBY talks to Fabricio Soto, Country Manager of Accenture, on harnessing new technologies and innovations, providing unparalleled solutions, and developing the necessary human capital.
read article

Costa Rica
TELECOMS & IT
Interview
Serving All Industries
TBY talks to Franklin Apuy, Vice President of NTT Data Services, on the strengths of the Costa Rican market and facilitating the growth of employees.
read article

Costa Rica
TELECOMS & IT
B2B
Strategic Partners
As technologies are rewarding those who can best play the disruptive game of leapfrog, only those providing clients with the best mix of groundbreaking solutions will survive.
read article

Costa Rica
TELECOMS & IT
B2B
DATA Centers
Improved internet, cost-effective electricity, and consolidated government IT operations help Costa Rica's data centers focus on innovation and customer service.
read article

Costa Rica
TELECOMS & IT
Interview
The Global Dip for Talent
TBY talks to Francisco Alba, Country Director of Fiserv, on becoming more strategic, developing a successful branding initiative, and dipping into the right talent pool.
read article

Costa Rica
TELECOMS & IT
Interview
Flight to the Top
TBY talks to Nelson Mattie, CEO of Aerial Robotixs, on leveraging cloud-computing platforms, helping clients improve their decision-making processes through better analytics, and provisioning the best survey-grade digital cartography.
read article

Costa Rica
TELECOMS & IT
Forum
Software
Software firms are thriving as never before, whether in primary or support services for the national, regional, or US market.
read article

Costa Rica
TELECOMS & IT
Interview
Picture Perfect
TBY talks to Marco Robert, General Manager of IMC Interamericana Medios de Comunicación, on the importance of articulating a clear philosophy, the industry's biggest weaknesses, and the ideal advertising setup.
read article

Costa Rica
TRANSPORT
Column
Being Planned
TBY talks to Elizabeth Briceño, Executive President, Incofer, on the sector.
read article

Costa Rica
TRANSPORT
Review
Traveling Light
Congestion has risen as Costa Rica has urbanized, and the government faces a challenge in increasing capacity while still adhering to the country's environmental principles.
read article

Costa Rica
TRANSPORT
Interview
All Power to the People
TBY talks to Minor Rodríguez, General Manager of Coopesa, on being the only self-managing cooperative in the world dedicated to heavy aircraft, the importance of communication, and maintaining a flat and democratic governance structure.
read article

Costa Rica
TRANSPORT
B2B
Air connectivity
Smart expansion, good government relations, and constant adaptation to new industry trends have made Costa Rica a far more important air hub in the past five years.
read articleCosta Rica
TRANSPORT
Focus: Orotina Airport
The Runway for Airways, Highways, and Railways
Costa Rica is currently in the process of constructing an airport large enough for its ambitions.
read article

Costa Rica
TRANSPORT
Interview
Transoceanic Prowess
TBY talks to Ricardo Ospina, General Manager of Caldera Port, on building upon good practices, the importance of free trade with Asia, and overcoming the upgrading barrier.
read article

Costa Rica
TRANSPORT
Interview
Par for the Course
TBY talks to Jimmy Avendaño, General Manager of Port to Port International, on technological changes in the industry, building the right infrastructure, and meeting a critical societal demand.
read article

Costa Rica
TRANSPORT
Interview
Out to Meet the Rising Tide
TBY talks to Juan Carlos Contreras, General Manager of Yobel, on meeting international regulation requirements, implementing a unique philosophy, and helping clients meet their professional targets.
read article

Costa Rica
TRANSPORT
Interview
An Affair to Remember
TBY talks to Alonso Bogantes, General Manager of MATRA, on enlarging its footprint, meeting the expansion in Caribbean demand, and the recipe for lasting client relationships.
read articleCosta Rica
CONSTRUCTION & REAL ESTATE
Review
Reaching the Sky
The construction sector in Costa Rica has recovered significantly from a slump in 2016. However, the country has much to accomplish, especially in terms of ensuring new residential projects are inclusive for all income levels and fixing the infrastructure problem.
read article

Costa Rica
CONSTRUCTION & REAL ESTATE
Column
Best Tools Available
TBY talks to Carlos Robles, General Manager, Newmark Grubb, on the sector.
read article

Costa Rica
CONSTRUCTION & REAL ESTATE
Column
Meet the Needs
TBY talks to Esteban Cespedes, General Manager, Civitar, on the sector.
read article

Costa Rica
CONSTRUCTION & REAL ESTATE
Interview
Real Talk
TBY talks to Roberto Acosta, General Manager of HSOLIS, on its business portfolio, changing needs and solutions, and sources of growth in the future.
read article

Costa Rica
CONSTRUCTION & REAL ESTATE
Forum
Infrastructure
Construction firms across the country are taking advantage of public-private partnerships and other model methods to expand not only outside San José, but also into the rest of Central America.
read article

Costa Rica
CONSTRUCTION & REAL ESTATE
Interview
From the Soil Up
TBY talks to Héctor Lee, Director General of Edificadora Industrial, S.A., Geopier in Costa Rica, on replicating best practices in Costa Rica, providing unique solutions, and bringing development outside the capital.
read article

Costa Rica
CONSTRUCTION & REAL ESTATE
Interview
Thriving in Booms, Surviving through Busts
TBY talks to Carlos Brenes, Partner of GCI Ingenieria, on opportunities in the public sector, preparing for construction cycles, and maintaining best practices.
read article

Costa Rica
CONSTRUCTION & REAL ESTATE
Interview
From Each According to their Ability
TBY talks to Manuel Zúñiga Sibaja, Executive President of Cuestamoras, on removing physical barriers in social spaces and building stronger communities.
read articleCosta Rica
CONSTRUCTION & REAL ESTATE
Focus: Vertical Construction
Excuse Me While I Touch the Sky
An increase in vertical construction has been hailed as the solution to San José's congestion issues, and a number of new projects are in the process of transforming the skyline.
read article

Costa Rica
CONSTRUCTION & REAL ESTATE
Interview
The Cranes are Flying
TBY talks to Jose Luis Salinas, President of SCGMTD Architecture and Design, on bringing people back to the city, smart zoning changes, and the right matrix for building.
read articleCosta Rica
CONSTRUCTION & REAL ESTATE
Focus: REITs
Real Estate, Real Gains
2017 proved to be a pinnacle year for real estate investment, and 2018 is poised to reach even greater heights.
read article

Costa Rica
CONSTRUCTION & REAL ESTATE
Forum
Developers
Many of the biggest Costa Rican developers rarely set out with the goal of restricting themselves to that market alone, or even entering it to begin with. Rather, a combination of a fortuitous market trends and ample supply led them to develop the booming sector.
read article

Costa Rica
AGRICULTURE
Column
Supplying Seeds
TBY talks to Abel Chaves, President, National Chamber of Pineapple Producers (CANAPEP), on the sector.
read article

Costa Rica
AGRICULTURE
Column
An Excellent System
TBY talks to Giancarlo Bombardelli C. , General Manager, Café Volio, on the sector.
read articleCosta Rica
AGRICULTURE
Review
Steady As She Grows
Highly competitive exports and traditional farming converge in Costa Rica, while corporate social responsibility and environmental mindedness are key.
read article

Costa Rica
AGRICULTURE
Interview
A Portfolio of Good and Fresh
TBY talks to Gonzalo Chaves, CEO of Dos Pinos, on the importance of the cooperative model, developing otherwise inaccessible parts of the country, and pivoting from a dairy to a food industry player.
read article

Costa Rica
AGRICULTURE
Interview
Potassium Workers’ Paradise
TBY talks to Jorge Sauma, General Manager of National Banana Corporation (Corbana), on giving banana workers optimal social conditions, maintaining the best environmental practices, and innovating constantly.
read article

Costa Rica
AGRICULTURE
Forum
Agroindustry Exports
Agricultural exports have benefitted hugely from initial strong domestic growth bolstered by good practices, a recipe that has catapulted many firms to international success.
read articleCosta Rica
AGRICULTURE
Focus: Pineapples
Pineapple Promised Land?
Costa Rica must contemplate the economic and environmental feasibility of becoming a large pineapple exporter following its first shipment to China in 2017.
read article

Costa Rica
HEALTH & EDUCATION
Column
Innovative Products
TBY talks to Ornes Calvo, Country Manager, Asofarma, on the sector.
read article

Costa Rica
HEALTH & EDUCATION
Review: Health
First Do No Harm
Costa Rica's public healthcare system is one of the best in Latin America, but funding issues have led government leaders to carefully seek new private partnerships and decentralize key networks in order to maintain quality care.
read article

Costa Rica
HEALTH & EDUCATION
Interview
First Rate Across the Board
TBY talks to Dr. Fernando Llorca Castro, Executive President of Caja Costarricense del Seguro Social, on the importance of institutional longevity, joining the OECD, and bringing standardized services to every part of the country.
read article

Costa Rica
HEALTH & EDUCATION
B2B
Hospitals
Costa Rican hospitals are innovating and internationalizing without forgetting their original purpose or roots—to treat the sick, the traveling, and the poor.
read article

Costa Rica
HEALTH & EDUCATION
Forum
Pharmaceuticals
A combination of smart business practices, international experience, strong human relations, and growing demand on the ground have made Costa Rica an ideal place for pharmaceuticals to set up shop.
read articleCosta Rica
HEALTH & EDUCATION
Focus: Pharma Industry
Pills, Pills, Pills
Eager to take advantage of preexisting logistical networks and a skilled population, pharmaceutical firms have begun to seek out Costa Rica as a base of operations in Latin America.
read articleCosta Rica
HEALTH & EDUCATION
Focus: Education Training
Get the Ball Rolling
One of the main factors that attracts investors to Costa Rica has been its skilled human capital. For this purpose, the government and academia are collaborating to improve programs and better align them to the requirements of several industries.
read article

Costa Rica
HEALTH & EDUCATION
Forum
Education
Since the government's monopoly on education broke down in the 1970s, there has been a profusion of high-quality institutes of higher learning ensuring that increasing amounts of Costa Ricans get a world-class education.
read article

Costa Rica
HEALTH & EDUCATION
Interview
Putting the Humane in Humanities
TBY talks to Silvia Castro, Rector of ULACIT, on building the country's best student body, the perks of internationalization, and the importance of a liberal arts education.
read article

Costa Rica
HEALTH & EDUCATION
Interview
Transferable Skills for a Transnational World
TBY talks to Sonia Marta Mora Escalante, Minister of Public Education, on discovering new educational methods, enabling continuing adult education, and developing educational alliances.
read articleCosta Rica
HEALTH & EDUCATION
Review: Education
Class Is In Session
High levels of public investment have made Costa Rica's education system one of the strongest in Latin America, and government leaders are working to improve teacher quality and ensure that the poorest Costa Ricans have access to quality secondary and tertiary schools.
read article

Costa Rica
TOURISM
Interview
Three Legs to Lean On
TBY talks to Mauricio Ventura, Minister of Tourism, on how to show the world a more complete Costa Rica, increasing connectivity, and the meaning of true sustainability.
read article

Costa Rica
TOURISM
Photo Essay: Guanacaste
Tip-Top Shape
A check up on medical tourism's potential in Guanacaste, Costa Rica's most developed tourist spot, will help the sector diagnose both problematic and prosperous segments.
read article

Costa Rica
TOURISM
B2B
Tourism
Showcasing Costa Rica's authenticity is priority number one in the tourism sector in addition to maintaining sustainable, unique tourism experiences.
read articleCosta Rica
EXECUTIVE GUIDE
Review
International Appeal
Thanks to a decades-old policy of actively courting foreign investment, Costa Rica has tax and legal frameworks that encourage free trade and the movement of capital.
read article

Costa Rica
EXECUTIVE GUIDE
B2B
Accounting
Costa Rica enjoys certain structural accounting advantages over other Central and Latin American countries, but further reforms are still needed.
read article

Costa Rica
EXECUTIVE GUIDE
Interview
Don’t Hate, Arbitrate
TBY talks to Botho Steinvorth, Partner at LatinAlliance, on needed improvements to the judicial system, Costa Rica's comparative challenges and advantages, and how to enhance arbitral judgment.
read articleCosta Rica
EXECUTIVE GUIDE
Review: Legal
The Pura Vida Guide to Doing Business
LatinAlliance runs down all the crucial information investors should know when setting up in the country.
read article