Phantom Fiber Corporation, based in Toronto, Canada,
has expanded its operations with newly established offices
in San José and New York City.
Phantom Fiber is widely regarded as the leading developer
of wireless platform software in the gaming industry.
Its new Costa Rican office is part of a broader corporate
strategy to increase sales by advancing marketing efforts
and providing operational support for Phantom Fiber's
clients and partners in Costa Rica and throughout Latin
America.
The Company's New York City office is expected to
allow key management to have direct access to the United
States media and investment community, as well as help
build the Company's corporate profile. Here more...
Pineapple Exports Increased 50,1%
During the first four months of the year Costa Rica
has exported a total of us$2.574 million in produce.
This represents an increase of 15,3%.
This is explained by increased banana exports of 17,4%
and by an increase of pineapple exports of 50,1% compared
to the same period last year.
Bananas have been the second export product of the
country, with 7,2% of total exports. Costa Rica exports
bananas mainly to the US, Germany and the UK.
Pineapple exports amounted 5,3% of the total, with
the US, The Netherlands, Belgium, Italy and Germany
as major destinations.
Melon exports represented 3,1% of total exports.
Retirement Havens for the Intrepid
By ANDREA PETERSEN
The Associated Press
Add this to the gift list for new retirees: a Spanish-English
dictionary. As legions of baby boomers prepare to retire
and relocate to warmer climates, a widening range of
Central American countries are vying to be their new
home.
While places like Costa Rica, Mexico and Belize have
long lured U.S. retirees with pristine beaches and
cheap living, prices in those countries have risen
sharply during recent years. As a result, a new breed
of intrepid retirees is branching out to countries
including Panama, Honduras and Nicaragua. These countries,
in turn, are rolling out the welcome mat in an attempt
to snare Americans' retirement dollars.
In Panama, the hilltop town of Boquete now has a population
of about 300 American retirees. Dozens live in the
new real-estate development, Valle Escondido, which
has a nine-hole golf course, high-speed Internet access,
and a 24-hour manned security gate. On the island of
Roatan in Honduras, retirees have snapped up beachfront
property and are taking advantage of "pensionado" visas
that allow noncitizens to live in Honduras income-tax-free
if they can prove they have income of $1,500 a month.
And while Nicaragua may conjure up images of civil
war, real-estate agents are offering entire islands
off the Caribbean coast for less than the cost of a
condo in Florida. Read
more...
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