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LatinNews Daily - 24 July 2025

In brief: Costa Rica’s private sector alarmed over insecurity

*A Costa Rican private sector lobby, Cámara de Industrias de Costa Rica (Cicr), has warned that citizen insecurity is among the main obstacles to competitivity according to a recent survey. The survey shows 51.4% of businesses say that insecurity negatively affects their competitivity, up 7.8 percentage points on the same survey in 2024. According to the same survey, 70% of companies consider Costa Rica “insecure” or “very insecure” while robberies of premises/installations were cited as the most common crime (by 18.9% of companies surveyed), followed by cyberattacks, which was cited by 16.2% of companies. According to the same survey, 64.5% of companies affected reported that they had increased investment and spending on security while 61.3% had increased investment in cybersecurity. This comes as the government led by President Rodrigo Chaves has faced record homicides in recent years, which have been attributed to the growing presence of international drug trafficking organisations (DTOs) in the country.

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