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Archive for November, 2009

Costa Rica @ 2 Cents per Minute

November 24th, 2009 Manfred Kissling No comments

I read this as the beginning of the end of a monopoly held by ICE.

Existing or new Verizon Freedom Essentials bundle customers who make frequent phone calls overseas can now do so at very low rates by adding the Verizon International Single Rate calling plan.

The Verizon International Single Rate calling plan allows customers in the U.S. to make low-price calls to 118 countries, including Costa Rica.

Customers with the Verizon International Single Rate plan who exceed their minutes, call “premium numbers,” such as wireless phone numbers served by a cellular carrier in another country, or call countries not included in the plan will pay additional charges at competitive rates on a per-minute-of-use basis.

Source: TMC News

Categories: About Costa Rica Tags:

Costa Rica gets good rating on corruption levels according to Transparency International

November 22nd, 2009 Manfred Kissling 2 comments

According to Transparency International 2009 Survey, among 180 countries, Chile and Uruguay share the 25th position and may be considered somewhat like referring to the Latin American region, with a Index of Perception of Corruption (CPI) of 6.7 points.  Costa Rica trails third (43 with a CPI of 5.3) and Cuba fourth (61 and CPI of 4.4).  Behind them are Brazil, Colombia and Peru all in the position 75.

Mexico, meanwhile, stood at the post 89, passed by El Salvador, Guatemala and Panama, who occupy the position 84.

According to Transparency International 2009 Survey “indicate that corruption is seriously extended” in Latin America.

Venezuela is ranked 162 on 180 countries included in the study with an Index of Perception of Corruption (CPI) of 1.9%, just one place ahead of Haiti, with a CPI of 1.8 is in place 168 and is the worst in America.

Other countries with low scores are Bolivia (120th), Nicaragua (130), Honduras (130), Ecuador (146) and Paraguay (154).

These countries have “high levels of poverty and urgently require strong and transparent institutions that can facilitate economic development more than necessary,” according to Transparency International.

For its part, Argentina is ranked 106, a position which shows that “high levels of perceived corruption are not associated exclusively with poverty, a case similar to Venezuela, the organization warns.

The regional report by Transparency International also mentions the problems of press freedom in the region and its impact in the fight against corruption.

“Journalists in Latin America face an increasingly restrictive environment, and several countries have enacted or proposed laws to silence critical journalism, which threatens press freedom in general and the fundamental possibility of exposing corruption and its impact, “says the text.

The report also stressed that corruption is a major obstacle to economic recovery being recorded in almost all nations and is especially dangerous in the weaker countries, those located in regions of conflict throughout the globe.

To carry out its annual index, TI is based on surveys of experts, officials and heads of companies and administrations of each country

Source: La Nacion, Transparency International 2009 Corruption Index

Categories: About Costa Rica Tags:

WNS Opens Delivery Center in Costa Rica

November 17th, 2009 Manfred Kissling No comments

WNS Holdings Limited (NYSE: WNS), a leading provider of global business process outsourcing (BPO) services, today announced the launch of its delivery center in San Jose, Costa Rica.

While the establishment of the Costa Rica center marks WNS’s entry into Latin America, it will also serve as a nearshore center for global clients with North American operations. The center is able to provide multi-lingual services in English and Spanish and will provide the complete suite of WNS services including finance and accounting (F&A), customer service and research and analytics.

“Our expansion into Costa Rica is a key step in expanding our global footprint and providing comprehensive, integrated solutions to our clients,” said Anup Gupta, Group Chief Operating Officer, WNS Global Services. “Our global delivery model enables us to improve our clients’ business by combining the right combination of geographic location with process transformation.”

Steve Reynolds, Managing Director – North America, WNS added, “As a location, Costa Rica provides a strong combination of language skills and talent, while still providing a competitive advantage for clients operating in the Americas. Language capability is a key delivery component for those who are increasingly looking to benefit from global delivery models.”

Source: CNN

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Costa Rica currency swings

November 7th, 2009 Manfred Kissling No comments

The last few weeks we have seen a downward trend on the price of the US Dollar while the Central Bank stopped selling currency to protect the upper band.

Since July 08, there was an upward trend, with the dollar pegged for the most part to the upper band of the exchange rate with a daily devaluation of 0.20 colones.

Most people agree the trend may continue for the remainder of this year and may change with the growth on the economy expected next year.

Exchange Rate

Categories: Currency Tags:

Baxter will move its Latin American financial operations to Costa Rica

November 4th, 2009 Manfred Kissling No comments

Baxter, a company dedicated to the manufacture of medical devices, announced it will move to Costa Rica its financial operations now located in different Latin America countries.

This was announced by Carlos Alonso, president of the company for the region.  Alonso said Baxter began this year with the reorganization transferring the management of suppliers expenses from their operation in Puerto Rico.  By 2010, the company based in Illinois, United States, will do the same with financial operations in Argentina, Chile and Colombia, and the 2011 Mexico and Brazil.

These movements will generate more jobs, but Alonso did not offer details on the numbers.

“For Baxter, Costa Rica is very important because of the quality of its workforce, its stability and its proximity to the U.S., both geographically and culturally” he said.

He added: “In the Latin American context, Costa Rica is way ahead and that is visible to the company.  Costa Ricans should be proud and continue working in that direction”.

In Costa Rica, the company -who arrived in 1988- has 1,450 employees, of whom about 140 are devoted to financial and accounting transactions of the company, not only here in the region but also in the U.S.

Source: La Nacion

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Innovation & Services Industry

November 2nd, 2009 Manfred Kissling No comments

Usually this Blog provides up to date information about the Call Center and Services Industry that help to know what is going on in the region and in Costa Rica.

Today I’d like to share an article that I think is key to the success companies and countries as I consider them an integral part of the ecosystem where companies foundations rest.

Some teasers:

  • Is it possible to learn to innovate?
  • Is innovation something that can be taught at school?

Innovation is the production of new knowledge that generates value. It is about fresh ideas that give rise to novel products, services, and processes, new management methods, and original designs and inventions that generate greater profits for firms, regions and countries.

Most experts agree that there are no ready-made formulas or recipes for how to innovate. But is it possible to create the appropriate conditions – to filter ideas and execute plans, and thus to facilitate creativity – under which innovation may flourish?

To see full article go to: Proyect Syndicate

Enjoy!

Categories: Industry Trends Tags: