Spanish jewelrer Luxenter opens 1st store in P.R., at Plaza Las Américas
May 21, 2018
Luxenter, a Spanish jewelry company established 45 years ago in Madrid, has entered the local market by opening its first store in Plaza Las Américas.
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CPAs support tax reform bill for introducing ‘significant changes’
May 18, 2018
Puerto Rico’s School of Certified Public Accountants expressed its support of House Bill 1544, which proposes a new Tax Code for the island, saying it introduces “a number of significant changes in the rate of income tax for both individuals and corporations.”
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FEMA extends USACE mission to provide power restoration to P.R.
May 18, 2018
The Federal Emergency Management Agency approved the extension of the U.S. Army Corps of Engineers mission assignment for emergency power restoration in Puerto Rico.
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Mitsubishi receives award for Eclipse Cross model
May 18, 2018
The Mitsubishi Eclipse Cross has received the “Good Design” award from The Chicago Athenaeum, Mitsubishi Motor Sales of Caribbean Inc. announced.
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Gov’t incentives to farmers, filmmakers, hospitals up for elimination
May 17, 2018
Gov. Ricardo Rosselló’s administration has put together a list of incentives granted to different sectors and companies that do not offer a return on investment to the public coffers, and will recommend their elimination.
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FHA extends foreclosure moratorium for Hurricane María victims
May 17, 2018
For the third time since Hurricane María devastated Puerto Rico and the U.S. Virgin Islands, the Federal Housing Administration announced it is extending its foreclosure moratorium to borrowers with FHA-insured mortgages.
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INprende, MCS graduate new entrepreneurs who are 50+
May 17, 2018
Five new entrepreneurs launched efforts to promote their business ideas after completing their participation in the second edition of the boot camp-like program “It’s Never Too Late to Start.”
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Combate Beach Resort invests $40K to add deluxe rooms to its inventory
May 17, 2018
Combate Beach Resort executives unveiled six new and modern “King-Deluxe” rooms, representing a $40,000 investment and “setting a new standard of quality and sophistication in the small inns in the tourist region of Porta del Sol.”
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17K cruise ship passengers to visit P.R. today, pumping $1.5M into economy
May 16, 2018
An estimated 17,000 cruise ship passengers are expected to arrive in Old San Juan today, a visit that is expected to pump some $1.5 million into the local economy.
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Medical cannabis experts to discuss draft regulation for sector
May 16, 2018
A group of experts from Puerto Rico’s medical cannabis industry will host a forum to discuss the draft of the new Medicinal Cannabis Regulations recently published by the island’s Health Department.
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Coliseo de P.R. remains Caribbean’s preferred entertainment venue
May 16, 2018
The Coliseo de Puerto Rico continues as the preferred entertainment center for Puerto Ricans and the Caribbean people, according to Pollstar Magazine and the Top 200 Arenas chart.
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Banking sector says Tax Reform principles are ‘step in the right direction’
May 16, 2018
Members of Puerto Rico’s banking sector testified at a House hearing to analyze the new Tax Reform under review, saying its principles are “step in the right direction.”
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Retail Sales Assoc. lobbies for end of inventory tax as part of Tax Reform
May 15, 2018
Less than a month before the start of this year’s hurricane season, the Retail Sales Association once again urged the government to eliminate the tax on inventories as part of the Tax Reform being crafted for Puerto Rico.
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Rosselló appoints Campos as Tourism Co. executive director
May 15, 2018
Gov. Ricardo Rosselló announced the designation of Carla Campos as director of the Puerto Rico Tourism Company, an agency she has been heading on an interim basis since January.
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Carolina mayor named to national EPA Advisory Committee and Subcommittee
May 15, 2018
The U.S. Environmental Protection Agency (EPA) recently announced the appointment of Carolina Mayor José Carlos Aponte-Dalmau to Puerto Rico’s Local Government Advisory Committee and Small Community Advisory Subcommittee.
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