Costa Rica lies between Panama and Nicaragua and it is bordered by the Caribbean Sea to the east and the North Pacific Ocean to the west. It is comprised of 51,100 square kilometers and the territorial waters take up about 589 square kilometers. It is considered a conglomeration of a number of landforms. The location of the country in the isthmus of Central America makes it easier to access American markets, which have the same time zone as Central US and also has access to Europe and Asia via the Oceans.

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In a resent  article written by Alex Leff  medical science is making yet another breakthrough in Costa Rica.  Dr. Orlando Morales is one of the leading Doctors at the CIMA Medical Center performing stem cell treatments.

“After a heart attack, they can begin to make new tissue. In a gland, which for example has to make insulin, the cells begin to create insulin. Nervous tissue, they regenerate it … It’s a panacea,” he said.  An increasing number of foreigners are undergoing stem cell treatment in Costa Rica for ailments from bone fractures to multiple sclerosis. Costa Rican doctors say they are providing these medical tourists with groundbreaking treatments.

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An amazing trend has been identified; Small business is outlasting many of today’s corporate giants! Surprised? I’m not. Many small businesses in America have been weathering this storm for decades. The ones that have lasted throughout the years had battened down the financial hatches decades ago. It is interesting to see this principle still at work today. Most of the smaller companies that I have researched have survived without utilizing a business line of credit; however there are a great deal of businesses out there that seem to survive off of business loans exclusively. The latter choice almost always leads to certain bankruptcy or unrecoverable profit losses for the business in question.

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Costa Rica has been dubbed “the Silicon Valley of Latin America” due to its business friendly approach to this growing global economy.  As large multinational companies such as Intel, Hewlett Packard, Microsoft, Acer, Amazon.com and Abbot Laboratories take advantage of Costa Rica’s pro-U.S. tax laws, financial security, highly educated workforce, modern infrastructure and technology including fiber optic high speed internet, T1’s, E1’s, satellite backup for phones and internet etc. it’s own economy is now shifting.

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AT&T and Oracle sign managed hosting, outsourcing contract with Michael Baker Corporation: companies deliver collaborative business application solution for leading engineering and energy firm.

AT&T and Oracle Corporation have announced a three-year, multi-million dollar managed hosting and application management outsourcing. Application Management Outsourcing refers to the ongoing maintenance, management, conversion, enhancement and support of an application software portfolio by an external company.

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Outsourcing is one of the most cost effective and reliable ways to manage your business’s customer service. One customer service position that can easily be outsourced is data entry, quite frankly for time and cost saving purposes alone it should be outsourced, there is no reason to manage data entry in-house in today’s global economy.

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