PALO ALTO, Calif., June 8, 2016 /PRNewswire/ -- AirXpanders Inc. (ASX: AXP) (AirXpanders or Company) a medical device company focused on the design, manufacture, sale and distribution of the AeroForm® tissue expander, today announces that it has received commitments from sophisticated and professional investors to subscribe for 26,315,790 CHESS Depositary Interests (CDIs) (representing 8,771,930 s...

Wikimedia Commons Panama City, Jun 11 (EFE).- The container ship Cosco Shipping Panama, which on June 26 will be the first to pass through the expanded Panama Canal, set sail Saturday from the port of Piraeus, Greece, on its way to this Central American country, official sources said. Canal administrator Jorge Luis Quijano, currently in Greece with a delegation of the Panama Canal Authority...

Costa Rican president, Luis Guillermo Solis tours the Reventazon hydroelectric plant while still under construction in 2014. (Casa Presidencial) By Douglas Marin Siquirres, Costa Rica, Jun 11 (EFE).- Considered the second largest work of infrastructure in the region after the Panama Canal, the Reventazon Hydroelectric Plant on Costa Rica's Caribbean side, is getting its finishing touches be...

Bionovelus PHOENIX, AZ / ACCESSWIRE / June 9, 2016 / BioNovelus, Inc.  is pleased to announce the creation of BioNovelus-CostaRica, a legal entity that will register BioNovelus products for each country in Central America. The registration for Costa Rica should be achieved by the end of the third quarter of 2016. BioNovelus President/CEO Jean Ekobo has presented biodegradable fungicide CR-1...

Source: Easy Diplomacy EasyDiplomacy.com Press Release - The meeting between the President of Costa Rica Luis Guillermo Solís Rivera with Italian entrepreneurs took place on Thursday 26th May at UnionCamere, on the occasion of his first visit to Italy. The goal is to foster investment opportunities in Costa Rica, which is considered one of the most competitive states in terms of corporate serv...

Wikimedia Commons VALLEY COTTAGE, New York, May 31, 2016 /PRNewswire/ -- Aloe vera extracts are gaining traction as an essential ingredient in food, cosmetics and pharmaceuticals, with global volume to surpass 60,720.4 tonnes in 2016 end, representing revenues worth US$ 1.6 Bn, and one company in Costa Rica is a market leader in this sector. Demand for aloe vera extracts for manufacturing a...

Gamesa, Spanish engineering company, to bring wind energy production to Guanacaste The Alisios Wind Projects, owned and sponsored by Globeleq Mesoamerica Energy (Wind) Limited (“GME”), a subsidiary company of Globeleq Generation Limited and Mesoamerica Power Ltd., have secured USD149 million in long-term debt financing. The project debt financing and syndication was completed in April 2016 ...

(CRS Archive) Panama City, May 30 (EFE).- The Panama Canal Authority, or ACP, said Monday that the repairs to a wall in the southern section of the Miraflores lock that collapsed over the weekend is progressing at a steady pace, but will take at least five weeks to complete. "All the canal's operations are continuing in an absolutely normal way. It is estimated that the first phase of the w...

The unpopular Foreign Account Tax Compliance Act (FATCA) of the United States has set off a rash of similar legislation around the world, and Costa Rica has been eager to adopt these international asset reporting treaties, which many taxpayers consider overreaching and in violation of financial privacy. The Costa Rica Star has reported on FATCA numerous times, and in September 2014 we reported ...

Flickr Commons Rome, May 26 (EFE). - Costa Rican President Luis Guillermo Solis on Thursday called on Italian investors to strengthen bilateral trade ties and touted the Central American country's services and medical technology sectors as areas with great potential. Solis met in Rome with Italian business leaders and later gave a press conference in which he stressed that "trade relations ...

Source: Pure Hospitality LAS VEGAS, NV -- (Marketwired) -- 05/23/16 -- Pure Hospitality Solutions, parent Company of the Central American-Caribbean online travel Agency (OTA) Oveedia, announced today, that the overall response from Expotur 2016 has proven to be overwhelmingly successful for the Company''s OTA, as nearly 100 hotels and tour providers have expressed interest in aligning with Oveed...

Longline tuna haul. Source: Greenpeace. FAO Media Release - 16 May 2016, Rome - Illegal, unregulated and unreported (IUU) fishing is about to become much more difficult thanks to the imminent entry into force of the Port State Measures Agreement (PSMA), a ground-breaking international accord championed by FAO. Now that the required threshold has been reached, with 30 Members having formally...

Police officers stand guard next to a company list showing the Mossack Fonseca law firm outside their office in Panama City April 12, 2016. REUTERS/Carlos Jasso Montevideo, May 20 (EFE).- The Panama Papers are "the tip of the iceberg" with respect to offshore companies, according to Panamanian financial expert Julio Aguirre, who said Friday that the massive leak of Mossack Fonseca's documents ...

BICSA in Panama. Wikimedia Commons Fitch Ratings-New York-20 May 2016: Fitch Ratings has affirmed Banco Internacional de Costa Rica's (BICSA) Long-Term 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-Term National ...

The Greenback IMF Media Release - On May 16, 2016, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Costa Rica. Costa Rica bounced back quickly from the 2008–09 global crisis, but growth, despite picking up in the last two years to 3.75 percent, has stayed below trend, while macro vulnerabilities, mainly from the weak fiscal position, h...

U.S. Ambassador Haney Tampa Bay, Fla. (PRWEB) May 16, 2016 - Leaders of the Tampa Bay Export Alliance (TBEA), a cooperative effort of the Tampa Hillsborough Economic Development Corporation and Pinellas County Economic Development, are sharing the outcomes of last month’s joint trade mission to San José, Costa Rica, which took place from April 12-15. “The trade mission to Costa Rica was one...

Source: Starbucks NEW YORK, May 16, 2016 /PRNewswire/ -- Fast Company today announced its annual ranking of the 100 Most Creative People in Business for 2016, honoring an influential and diverse group of leading thinkers around the globe. Each year, the magazine's editors present an all-new list of 100 visionaries chosen according to a proprietary methodology (honorees can't repeat, and any...

By Matt Kendall Now in its sixth year, Nearshore Americas’ seminal conference Nexus attracted 150 attendees and close to 20 sponsors to the Le Meridien hotel in San Francisco, the first time this tech-centric city has played host to the event. Kicking things off to a flying start was a fascinating and insightful keynote speaker, Laura Chinchilla, former President of Costa Rica, who presented...

Source: rree.go.cr The Hungarian Minister of Foreign Affairs and Trade, Péter Szijjártó, concluded diplomatic, economic and education agreements during his one-day official visit to Costa Rica, from where he informed Hungarian news agency MTI by telephone from San José de Costa Rica on Wednesday evening local time. 'Hungary views Costa Rica as a bridgehead for building relations with Centra...

(CRS Archive) Panama City, May 11 (EFE).- Former U.S. President Jimmy Carter and several Latin American leaders will attend the June 26 inauguration of the expanded Panama Canal, the government of that Central American nation confirmed Wednesday. "President (Michelle) Bachelet of Chile, the presidents of Honduras (Juan Orlando Hernandez) and El Salvador (Salvador Sanchez Ceren), former Pres...

Wikimedia Commons San Jose, Costa Rica-May 5th, 2016--PROMED, the Council for the International Promotion of Costa Rica Medicine will host the Latin America Medical Cannabis Conference in Costa Rican on July 27-29th as part of ExpoMed series. PROMED is a private not-for-profit organization, which coordinates the quality control and international promotion efforts of the medical tourism indu...

Grupo Bimbo San Jose, May 5th, 2016. Grupo Bimbo – the world's largest baking company inaugurated its new Global Service Center today, in the district of Tres Rios, La Union de Cartago, which will provide support to the English speaking US market. The Costa Rican President, Luis Guillermo Solís; the Minister of Foreign Trade, Alexander Mora; CINDE’s managing director, Jorge Sequeira, ...

Workers at the Miravalles geothermal plant in the province of Guanacaste, Costa Rica, March 14, 2016. TRF/Fabíola Ortiz By Fabiola Ortiz MEXICO CITY/SAN JOSE (Thomson Reuters Foundation) - Mexico and Costa Rica aim to build on their position as Latin America's leading producers of geothermal power to help meet the challenges they face of curbing planet-warming emissions and making their ene...

Bionovelus SCOTTSDALE, AZ / ACCESSWIRE / May 5, 2016 / BioNovelus, Inc. (PINKSHEETS: ONOV) is pleased to announce the triumph of CR-10, their environmentally friendly fungicide product. Test results in five coffee plantations have proven that biodegradable CR-10 is a coffee rust killer! Coffee rust or "roya" (Hemileia vastatrix) is a devastating fungus that has already cost $2.5B to the coffee...

Wikimedia Commons San Juan, May 2 (EFE).- Cinefiesta, San Juan's prestigious international short film festival, has canceled its next edition after finding it lacked sponsors due to the economic crisis the Caribbean island is going through, its chief promoter, Luis Cruz, announced Monday. Despite the fact that 5,044 short films from 124 countries have been entered for this year's edition, C...

CASTINE, Maine—Maine Maritime Academy Professor of Marine Transportation Daniel Parrott, of Blue Hill, has received a Fulbright U.S. Scholar Grant to work at the University of Costa Rica’s new School of Nautical Engineering and Maritime Transport (Ingeniería Náutica y Transporte Marítimo) in Limón, Costa Rica. The university’s program in marine transportation was established in 2012. Parrott will ...

Wikimedia Commons Commercial real estate giant Cushman & Wakefield recently issued its Q4 2015 Office Snapshot report for the Greater San Jose Metropolitan Area (Spanish acronym: GAM) of Costa Rica, and the 2016 forecast for this sector is positive.   According to the Office Snapshot, economic growth in Costa Rica slowed down in 2015, but total business production recorded a 2.8...

Source: Wikimedia Commons Washington, D.C. – On the heels of World Intellectual Property Day, the Office of the United States Trade Representative (USTR) has released the 2016 “Special 301” Report (PDF) on the global state of intellectual property rights protection and enforcement. U.S. Trade Representative Michael Froman was joined by Members of Congress and the American business community...

San Jose, Apr 26 (EFE).- A major strike launched Tuesday with a huge march by union groups in defense of labor rights and public institutions paralyzed classes at Costa Rica's public schools and assorted health services. "It's been a success. President (Luis Guillermo) Solis should understand that the people are not happy with his administration," the president of the ANDE teachers union, Gilbe...

Pixabay Commons By Nardy Baeza Bickel ANN ARBOR—The University of Michigan will launch a new partnership that enables MBA students from one of Latin America's top business schools earn a master of public administration degree at the Ford School of Public Policy. The dual-degree program, which begins August 2016, is designed for students in the one-year MBA section with exemplary English-...

Wikimedia Commons NORTHWOOD, Ohio--(BUSINESS WIRE)--NAMSA, the world’s leading medical research organization, is pleased to announce the addition of Microbiological Compliance Laboratories (MCL) as NAMSA’s local agent in Costa Rica. MCL is a microbiology and sterility assurance lab supporting US and European medical device and pharmaceutical manufacturers in the region. MCL provides local m...

Wikimedia Comons Caracas, Apr 22 (EFE; beer context by The Costa Rica Star).- Residents of Venezuela are hunkering down for a long summer without beer and with diminished electricity. Venezuela's Electric Energy Minister Luis Motta Dominguez has announced the start of electricity rationing next Monday due to the drought affecting the entire country, and which will remain in effect for 40 da...

File photo Washington, Apr 20 (EFE).- Legal marijuana sales in the United States totaled nearly $5.7 billion in 2015, while more than 100,000 jobs are being created annually in that industry's medicinal and recreational segments, according to a study released Wednesday. Four states (Alaska, Colorado, Oregon and Washington) - in addition to the District of Columbia, where the U.S. capital is...

Pixabay Commons The number of health travelers from the United States who visit Costa Rica for medical and dental procedures could double by the end of this decade. Such was the forecast recently broadcast by national television network Teletica in a report by Adrian Fallas. In 2015, Costa Rica welcomed about 50,000 medical and dental tourists; this figure was reported by ProMed, an organiz...

FARC child fighter. Flickr Commons Bogota, Apr 17 (EFE).- The Revolutionary Armed Forces of Colombia, or FARC, guerrilla group said in a post on social media this weekend that it did not have a fortune of $10.5 billion as reported by Britain's The Economist. FARC chief peace negotiator Ivan Marquez called the article a "joke" in a Twitter post. "They should check their sources and not be...

CHICAGO--(BUSINESS WIRE)--Fitch Ratings has assigned an 'A-(EXP)' rating to the proposed $100 million Series B notes to be issued by CIC Central American Card Receivables Limited. The Rating Outlook is Stable. A full list of rating actions follows at the end of this press release. Credomatic International Corporation (CIC) is the exclusive issuing and acquiring partner of American Express (AmEx...

Wikimedia Commons The Honorable Noel Holder, Agriculture Minister of Guyana arrived in Costa Rica on April 11 as part of a visit to discuss Agricultural priorities among the two countries. Among the discussions held, the main topic will be the Inter-American Institute for Cooperation on Agriculture’s (IICA) Country Strategy 2014-2018. The Agriculture Minister is accompanied by Chief Executi...

BOGOTA, Colombia--(BUSINESS WIRE)--The Dynamic Spectrum Alliance (DSA) today announced that CAF – development bank of Latin America - , Google Inc. and the International Telecommunications Union (ITU) will be joining an incredible line up of speakers at its Global Summit in Bogota, Colombia (26-28 April). CAF promotes a sustainable development model through credit operations, non-reimbursable reso...

Wikimedia Commons NEW YORK--(BUSINESS WIRE)--In its Latin American Sovereign Overview, Fitch Ratings forecasts that regional GDP will contract by 1% in 2016 after an estimated contraction of 0.9% in 2015, with risks largely skewed to the downside. Latin America continues to suffer from lower commodity prices, moderating China growth and external financial volatility. In some cases, political c...

FORT LAUDERDALE, FL (PRWEB) APRIL 08, 2016 - In San Jose, Costa Rica, the CENCATEC institute educational training center was inaugurated on Wednesday and Thursday 30/31 March 2016. The training sessions began on Wednesday with Trane air conditioning units and Ecox VRF units. This was followed by a product overview given by Uniweld on Thursday, and the introduction of Uniweld’s latest product intro...