Archive for March, 2011

Saborea weekend food fest to pump $1.8M into economy
March 31, 2011, No Comments

This weekend, the eyes of the culinary world will be on Puerto Rico, with the start of Saborea Puerto Rico: A culinary e ...

Full text of the IRS resolution on 4% excise tax credit
March 31, 2011, 1 Comment

On Thursday, News is my Business obtained a copy of the notice the Internal Revenue Service sent to the government of Pu ...

IRS confirms 4% excise tax can be written off federal return
March 31, 2011, No Comments

Local manufacturing companies subjected to the 4 percent excise tax imposed in January through Law 154 may want to breat ...

American Eagle facing hefty FAA fine
March 30, 2011, No Comments

Executive Airlines, which serves the Caribbean out of San Juan as American Eagle, is facing a $550,000 fine from the Fed ...

BPPR to sponsor luxury property auction in May
March 30, 2011, No Comments

New York-based real estate auctioneer Sheldon Good & Co. and Banco Popular de Puerto Rico announced Wednesday an upcomin ...

$40M hotel/commercial complex planned for Laguna area
March 29, 2011, No Comments

A $40 million mixed-use project is in the works for the Laguna Shopping Center area in Carolina that calls for developin ...

British Airways revives connection between UK, P.R.
March 29, 2011, No Comments

British Airways made its return to Puerto Rico after an 11-year absence with an inaugural flight that carried 280 passen ...

Gov’t focuses on women entrepreneurs, grants $3.3M in loans
March 28, 2011, 1 Comment

Local women entrepreneurs were the focus of the government’s attention Monday, when Gov. Luis Fortuño met with a smal ...

Banco Santander Puerto Rico again included in list of best emerging banks
March 27, 2011, 2 Comments

For the fourth time in the past five years, Banco Santander Puerto Rico has landed a spot on the list of “Best Emergin ...

Latin American McDonald’s owner plans $1B IPO
March 25, 2011, No Comments

Arcos Dorados Holdings Inc., parent company of Puerto Rico’s McDonald’s restaurant chain, announced Friday its plann ...