August 17, 2018
Hard Rock Café reopens in P.R. after nearly 10-year absence
August 17, 2018
P.R. software developer INVID expands to U.S. mainland
August 17, 2018
AeroNet becomes 1st P.R. ISP ranked in Inc. Magazine’s Inc. 5000 list
August 16, 2018
Tourism Co. partners with Beautiful Destinations to stage P.R.’s comeback
August 16, 2018
U.S. Dept. of Commerce invests $4.9M to support projects in P.R.
ECONOMY
Proposed tax incentives add ‘layer of complexity’ to P.R.’s difficulties
The government’s attempt to overhaul Puerto Rico’s tax code into an easy-to-monitor regime “adds yet another layer of complexity” to the island’s already complicated situation, the H. Calero Consulting firm concluded in its latest “Pulse” publication. In it, the economist firm concludes that the combination of controversial public debt negotiations and haphazard reconstruction efforts in Hurricane María’s wake has put the island at a crossroads, “this time, however, with a much more critical end-game.” The government’s proposed new tax code seeks to transform Puert
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TOURISM
AUTO
Next-generation Jeep Wrangler to hit P.R. roads
The Jeep brand announced the Puerto Rico arrival of the new generation of the icon of the brand, the Jeep Wrangler, designed to remain true to its 77-year legacy, automaker executives said. The veh
P.R.’s new car sales grow 37.3% in April driven by insurance payments
New car sales in Puerto Rico reached 8,105 units in April, representing a 37.3 percent increase over the 5,903 units sold during the same month last year, the United Group of Automobile Importers (kno
Hyundai de Puerto Rico ushers in new president, redesigned Accent ’18
Automaker Hyundai de Puerto Rico announced the arrival of a new CEO for its brand in Puerto Rico, Tatsuo Takahashi, who takes over the reins of the operation as new and redesigned vehicles are intro
ENVIRONMENT
As tourism continues to recover in Puerto Rico after two devastating hurricanes, the U.S. Environmental Protection Agency plans to award up $316,000 to the Puerto Rico Environmental Quality Board to help protect beachgoers, contingent upon the number of eligible recipients that apply for grant funds nationwide and the availability of funding. “Enjoying the beach is a quintessential pastime for Americans every summer,” said EPA Administrator Scott Pruitt. “Through EPA’s BEACH grants, we are ensuring communities across the country can keep their beaches safe and enjoyable for all.” “Helping Puerto Rico recover
