Archive for January, 2016

PREPA, bondholders return to negotiating table
January 28, 2016, No Comments

The Puerto Rico Electric Power Authority and its bondholder group announced this morning they have resumed talks, after ...

ESJ Towers rebadged as ESJ Azul after $12M facelift
January 28, 2016, No Comments

ESJ Towers, located in the municipality of Carolina, has undergone an extensive six-month renovation to the tune of $12 ...

Study: P.R., Kansas effect highest sales tax hikes in ’15
January 28, 2016, No Comments

Puerto Rico and the state of Kansas implemented the most significant sales tax rate increases in 2015, according to the ...

46 U.S. Democratic lawmakers press for action for P.R.
January 28, 2016, No Comments

U.S. Senator Maria Cantwell (D-Wash.), ranking member of the Senate Energy and Natural Resources Committee, along with M ...

CBP reaches out to P.R.’s trade sector on ACE transition
January 28, 2016, No Comments

The U.S. Customs and Border Protection San Juan Office of Field Operations hosted Wednesday the Automated Commercial Env ...

Popular earns $895.3M in ’15, $137.4M in 4Q15
January 27, 2016, No Comments

Popular Inc. reported net income of $137.4 million and adjusted net income of $98.3 million for the quarter ended Dec. 3 ...

Impact of 900 co.’s under Laws 20/22 pegged at $1.4b
January 27, 2016, No Comments

In the two years since the government passed Laws 20 and 22, some 900 companies have gotten decrees and generated more t ...

$30M Hyatt Place San Juan hotel opens in Miramar
January 26, 2016, No Comments

The Hyatt Place San Juan/City Center, the fourth property flying the Hyatt flag on the island, officially became the new ...

Puerto Rico’s 1st Red Lobster eatery to open Dec. ’16
January 26, 2016, 3 Comments

Puerto Rican firm Restaurant Operators Inc. announced Monday that construction on the first Red Lobster restaurant in Pu ...

Weekend Wheels: Test driving the 2016 Toyota Yaris
January 26, 2016, No Comments

After more than two years of absence in the local market, the Toyota Yaris sedan is making a comeback to Puerto Rico. In ...