BLP acted as legal advisor to FIFCO in the execution of a binding agreement to sell to HEINEKEN N.V. (“HEINEKEN”) the remaining 75% equity stake in its subsidiary, Distribuidora La Florida S.A., enabling HEINEKEN to acquire its beverage, food, and retail operations in Costa Rica, Guatemala, El Salvador, and Honduras, as well as its beverage…
Category Archives: News
Blog, Costa Rica, News, Public Law, Public Procurement & Regulation
New CGR criteria on contingency costs: what public bidders need to know
19
Sep
Sep
In July 2025, the Comptroller General of the Republic (CGR) issued resolution R-DCP-SICOP-01324-2025, introducing a change in its criteria regarding the contingency costs included in the price structure of public contracts. According to the CGR, and in line with Articles 42 and 102 of the General Regulations to the Public Procurement Law (RLGCP), the price…
19
Sep
Sep
BLP’s summary of the most important regional news and opportunities offers an overview of the economic, social, and political landscape of Central America at just a click away. Costa Rica Costa Rica strengthens fiscal stability and economic outlook. Recent economic indicators highlight improved fiscal management, reduced debt levels, and a stable outlook, reinforcing investor confidence…
12
Sep
Sep
Resolution on the Facilitation of Marketing Authorizations The Ministry of Health has established an expedited procedure for the marketing authorization and post-approval changes of medicines previously approved by WHO-listed authorities (WLA). Key aspects: Scope of application: Medicines authorized by WLAs and post-approval changes equivalent to RTCA 11.03.59:18. Exclusions: Not applicable to homeopathic medicines, radiopharmaceuticals, or…
05
Sep
Sep
BLP’s summary of the most important regional news and opportunities offers an overview of the economic, social, and political landscape of Central America at just a click away. Costa Rica Costa Rica projects solid economic growth of 3.9% for 2025, driven by investment and exports. Costa Rica estimates economic growth of 3.9% for 2025, according…
29
Aug
Aug
BLP’s summary of the most important regional news and opportunities offers an overview of the economic, social, and political landscape of Central America at just a click away. Costa Rica Costa Rica adjusts its fiscal strategy: The Ministry of Finance and the Central Bank are reviewing the 2025 financing plan to ensure macroeconomic stability and…
22
Aug
Aug
BLP’s summary of the most important regional news and opportunities offers an overview of the economic, social, and political landscape of Central America at just a click away. Costa Rica Economic growth outlook: Costa Rica is expected to be one of the fastest-growing economies in Latin America in 2025, with a projected 3.6% growth rate….
Blog, Costa Rica, Labor & Employment, News
ILO Convention 190 on Violence and Harassment at Work Is Approved
21
Aug
Aug
The Legislative Assembly has approved, in a second debate, Convention 190 of the International Labour Organization (ILO), the first international treaty that recognizes the right of every person to a work environment free from violence and harassment, including behaviors motivated by gender. By ratifying the convention, the country commits internationally to adopt legislation requiring employers…
Blog, Costa Rica, Global Mobility & Relocation, News
Immigration Update in Costa Rica: Companies Must Be Compliant with CCSS and Ministry of Finance Requirements
18
Aug
Aug
The General Directorate of Immigration and Foreign Affairs (DGME) in Costa Rica has introduced new requirements that impact the approval and renewal of various immigration categories, including residence permits, work authorizations, and similar applications. Effective immediately, any company sponsoring an immigration application must demonstrate full compliance with: Costa Rica’s Social Security Administration (CCSS) The Ministry…
14
Aug
Aug
BLP’s summary of the most important regional news and opportunities offers an overview of the economic, social, and political landscape of Central America at just a click away. Costa Rica CPTPP negotiations: Costa Rica advances in its accession process after a successful third round in Malaysia. Read more ICT sector growth: Companies show strong potential…