Puerto Rico’s unemployment rate reached 15.2 percent in January, up slightly from the 14.6 percent on record for the same month in 2013, but down marginally from the 15.4 percent the Department of Labor and Human Resources confirmed for December 2013.
An Individual Retirement Account is one of very few deductions that remained available in the income tax return after the approval of the new Internal Revenue Code.
The Corporation for the Supervision and Insurance of Puerto Rico Cooperatives, known as COSSEC in Spanish, announced Monday the implementation of a temporary rule applicable to the distribution of surplus revenue — a statute designed to ensure the health and financial soundness of the island’s credit unions in the face of credit rating changes.
Grupo Guayacán, a nonprofit that seeks to couple private equity investment with a series of programs aimed at developing, strengthening, and advancing Puerto Rico’s entrepreneurial ecosystem, announced over the weekend the start of its annual EnterPRize Business Building Competition.
As part of the government’s strategies to increase tax evasion oversight, Puerto Rico Gov. Alejandro García-Padilla sent a bill to the Legislature that will allow the use of certified payment processors in all local businesses, as well as the exchange of information between municipalities and the Treasury Department.
Nearly five years after opening as one of the main dining attractions at the Doubletree by Hilton at Gallery Plaza hotel in Condado, restaurant Under the Trees quietly closed its doors Sunday, a decision announced on its Facebook page.
Retailer Shoe Carnival will be expanding its line of women's footwear and to celebrate it, will host the “Festival de Moda VIP Primavera 2014,” a special event on Mar. 23, at the store located in Plaza Caparra in Guaynabo, featuring all of the new brands.
The Roosevelt Roads Redevelopment Authority opened Thursday a Request for Proposals process for small entrepreneurs and merchants located mostly in the eastern region of Puerto Rico seeking to launch eco-tourism services, nature related tourism projects, recreational and/or complementary activities.
The Puerto Rico Highway and Transportation Authority will kick off next week a new ticket discount program for drivers who have used the “AutoExpreso” lane without the funds needed to cover the toll.
Puerto Rico residents have a little more than two weeks to sign up for health insurance or switch the terms of their coverage under the Affordable Care Act, Insurance Commissioner Angela Weyne said Thursday.
Puerto Rico’s Center for a New Economy has been included in the seventh annual 2013 Global Go To Think Tanks Report, the most comprehensive ranking of the world’s top think tanks commissioned by the World Bank. The nonprofit ranked 69th among the world’s 80 “think tanks to watch.”
Very seldom do we associate technology with an organization’s increased exposure to risk.
Scotiabank is closing its long-time Hato Rey branch, smack in the heart of the Golden Mile, and consolidating it into Scotia Tower on Piñero Ave.
Claro Puerto Rico announced Thursday the start of its smartphone Trade-in program, which initially will allow iPhone users to exchange their current devices for newer models.
The U.S. Small Business Administration announced Thursday it will award grants to state and local economic development agencies, business development centers, colleges and universities to support programs for innovative, technology-driven small businesses under SBA’s Federal and State Technology (FAST) partnership program. Applications for the grants are open through April 11.
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