A groundbreaking ceremony took place Wednesday to begin construction on the photovoltaic Salinas Solar Park, the first of three solar energy production projects developed and operated in Puerto Rico by partner companies Sonnedix and Yarotek.
The World Bank and IFC, in partnership with the Australian Agency for International Development and the Canadian International Development Agency, hosted an international event in Puerto Rico this week to exchange ideas and find solutions to strengthen trade logistics, port operations, and regional integration in the Caribbean.
Medical device manufacturer Edwards Lifesciences will be investing $34 million to expand its Añasco facility, creating 263 jobs and retaining 52 existing ones, company and government officials said Tuesday.
The government of the northwestern town of Camuy announced Tuesday the upcoming start of construction of the $19 million Los Farallones, a municipal hotel that will feature 100 rooms, a pool and activity hall.
Hyatt Hotels Corporation and Island Hospitality Partners, LLC, a joint venture of PRISA Group and McConnell Valdes Consulting, announced Monday the start of construction of the new Hyatt House San Juan, which is expected to open in fall 2014. The total investment in the new property to be located in the Puerto Rico Convention District in Miramar was estimated at $28.7 million.
The 840 bankruptcy cases filed in Puerto Rico in September were 17 percent lower than the same month last year, while the total number of petitions to the U.S. Bankruptcy Court submitted during the first nine months of this year were also down by 9 percent vs. the same year-ago period, a local research firm revealed Monday.
Enlace Empresarial and the U.S. Department of Commerce signed a collaboration agreement Monday to work together to raise awareness of existing export opportunities among members of the business community in the United States and Puerto Rico, especially among small and mid-sized operations.
Describing it as an “unprecedented initiation” for the organization, the Puerto Rico Products Association enrolled nearly 90 new member companies into the nonprofit whose mission is to promote and support the consumption of local products and services.
Seaborne Airlines, the regional carrier based in St. Croix, announced Monday its plans to expand flight frequency and capacity between Puerto Rico and the U.S. Virgin Islands for Spring 2013 and beyond.
On Nov. 1st, Olivia Boutique in Condado will ring in the holiday season by hosting a Christmas event in benefit of the Fundación Pro-Ayuda de Puerto Rico.
Banco Popular’s U.S. Virgin Islands division has taken its relationship with customers up a notch by opening a new page in Facebook in the hopes of “engaging the community in a faster and more digital way.”
In very few elections will the economy be so present in the minds of Puerto Rico voters as in the one coming up Nov. 6.
Tech giant Hewlett-Packard — like many other multinational companies — has experienced its share of fierce competition that, coupled with a suffering economy, has elicited massive lay-offs and a significant restructuring in recent years.
Popular Community Bank and Banco Popular de Puerto Rico celebrated 11 years of participation in The Points of Light Foundation & USA Weekend Today’s “Make A Difference Day” held Saturday.
Automotive industry executive Luis Otero-Díaz, who has 14 years of experience with a number of luxury brands, has been appointed to the helm of Jaguar Puerto Rico.
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