Global consulting company Great Places to Work recently named Arcos Dorados, McDonald’s largest franchisee and brand operator in Latin America, among the best employers in the region.
Considering that 85 percent of all goods consumed in Puerto Rico are imported, it should come as no surprise that the trade group that champions for locally grown and produced goods recently issued a call to action by government agencies and consumers to support native industries.
Labor Department statistics released over the weekend put Puerto Rico’s unemployment rate at 15 percent for the month of February, reflecting a 0.1 percentage point drop in comparison to the prior month’s level and a 1.2 percentage drop decrease from the 16.2 percent rate on record for February 2011.
General Fund net revenue totaled $674 million in February, an increase of $97 million or 16.8 percent, when compared with February 2011.
With eight awards received during the XIX Festival Caribe, DDB Latina Puerto Rico walked away as one of the most awarded agencies in the region in the event that evaluated the best advertising work from 17 Caribbean countries.
The Cuban government’s recent economic reforms and the growth and development opportunities they represent for the island's future will be the topic of a conference to be hosted by the Pontifical Catholic University in Ponce, entitled “Cuba Today and Tomorrow: Economic Conditions and Trends.”
The implementation of the terms of Law 280, which established a mandatory prepaid mobile phone registry, has been postponed indefinitely, News is my Business learned Thursday.
A group of local engineers is gearing up to participate in the upcoming Panama Canal 2012 International Engineering and Infrastructure Congress, the first event of its kind taking place in that country focusing on best practices, world infrastructure projects and future engineering trends.
Resident Commissioner Pedro Pierluisi on Wednesday submitted HR 4280, known as the “Puerto Rico Supplemental Nutrition Assistance Program Restoration Act,” which would provide the island with $457 million in additional federal funding each year to support its food assistance program for low-income individuals.
As it does every quarter, the Federal Communications Commission is reviewing the rates that telephone companies must charge and pass off to consumers to cover the Universal Service Fund, which among other things, subsidizes services offered to low-income consumers as well as improvements to schools and libraries.
Gov. Luis Fortuño administration officials took Moody’s Investors Service’s decision to cut the Puerto Rico Electric Power Authority’s credit rating down a notch in stride Wednesday, saying it was “expected” and would not have an impact on the upcoming $475 million bond emission.
Fondita de Jesús, a nonprofit organization that helps the homeless, has developed a solar energy project and installed high efficiency lighting systems and low-energy consumption air conditioning units at a cost of $100,000.
FirstBank Puerto Rico is looking to triple its market share of small- and mid-sized business customers over the next five years from its current 12 percent through an aggressive campaign and revamped platform catering to the segment often tagged as the motor of the island’s economy.
Electronics and crop protection products maker DuPont Electronics is investing $40 million to expand its Manatí plant, adding 25 new jobs to its existing payroll.
Even in an age of modern and high-tech communication, the most powerful and effective means of generating new business is word-of-mouth. People turn to trusted friends or colleagues for recommendations regarding product or service providers.
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