Seaborne Airlines and the Puerto Rico Infrastructure Financing Authority announced Monday they have entered into an agreement to install Seaborne' s corporate logo on the 23rd floor of the exterior frontal façade of the iconic World Plaza Building in Hato Rey.
Auction.com, a Ten-X company, announced Thursday the upcoming online auction of more than 100 bank-owned residential properties in Puerto Rico.
Puerto Rico Minority Supplier Development Council (PRMSDC) and National Minority Supplier Development Council representatives announced this week the return of the “Business Opportunity Exchange 2016,” an event to exhibit and promote local businesses and certified suppliers to multi-national corporations.
U.S. Customs and Border Protection announced this week the open period for accepting letters of application through the Reimbursable Services Program (RSP), which may be submitted via email until 5 p.m. EST on Feb. 29.
The Puerto Rico Treasury Department has launched a series of embargoes on local businesses that have not been remitting collected Sales and Use Tax (“IVU”, for its Spanish acronym) to the government, nor their employees’ tax retentions.
The Ritz-Carlton, San Juan has been named as an award winner in the 2016 edition of U.S. News & World Report’s “Best Hotel Rankings,” receiving a “Best Hotel in Market” award for its presence in Puerto Rico.
International startup accelerator Parallel18, based in Puerto Rico, closed its first global call for startups last week with more than 400 applications from more than 30 countries.
The Puerto Rico Aqueduct and Sewer Authority is considering dipping into its rate stabilization fund to pay off $90 million due to creditors by month’s end, which would drain the reserve entirely, utility officials said Monday.
The Puerto Rico Bankers Association has called upon the legislature for the prompt approval of the Puerto Rico Electrical Power Authority Revitalization Act, which will enable the public corporation to complete the necessary restructuring process.
Three local experts on business intelligence and technology are pursuing the creation of a global information community in Puerto Rico.
Puerto Rico and the state of Kansas implemented the most significant sales tax rate increases in 2015, according to the annual sales tax rate study released Wednesday by corporate tax solutions provider Vertex Inc.
U.S. Senator Maria Cantwell (D-Wash.), ranking member of the Senate Energy and Natural Resources Committee, along with Minority Leader Harry Reid and 44 other Democrats and Independents in the Senate, wrote to Leader Mitch McConnell urging bipartisan, legislative action to give Puerto Rico access to the appropriate financial restructuring tools.
The U.S. Customs and Border Protection San Juan Office of Field Operations hosted Wednesday the Automated Commercial Environment (ACE) Symposium to familiarize the local trade community about the transition to a single window for import and export reporting.
In the two years since the government passed Laws 20 and 22, some 900 companies have gotten decrees and generated more than $1.4 million in economic activity in Puerto Rico through new operations and exports, a study revealed Tuesday by the Economic Development and Commerce Department showed.
Puerto Rican firm Restaurant Operators Inc. announced Monday that construction on the first Red Lobster restaurant in Puerto Rico will begin in May, through an investment of $2 million.
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