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.
Across-the-board spending cuts and tax increases, until recently, were the solution to deal with Puerto Rico’s debt and deficit. Today, the question on everyone's mind should be: how can we improve living conditions and promote spending to help jumpstart our stale economy?
The U.S. Department of Agriculture’s Rural Development is accepting applications for its Distance Learning and Telemedicine (DLT) Program, which provides increased access to education, training and health care resources in rural areas, Under Secretary Lisa Mensah said Monday.
The first round of applications for the Parallel18 startup acceleration program closes on Jan. 29th at noon (EST).
As part of a strategic move aimed at broadening its Puerto Rico products portfolio, MCS announced Wednesday it has created a new subsidiary, MCS General Insurance Agency, to tap into the life and disability insurance market.
Caguas-based life sciences company Mentor Technical Group, Corp. has spent the last year expanding its plant, creating more than 110 jobs with assistance from the Puerto Rico Industrial Development Company, executives and administration officials announced Tuesday.
The Subcommittee on Indian, Insular and Alaska Native Affairs of the U.S. House Natural Resources Committee will hold a hearing on Jan. 26, to analyze Puerto Rico’s fiscal crisis.
Corso Coffee, an Italian style coffee bar with a New York ambiance, is opening today at The Mall of San Juan at the first-level 300-square-foot kiosk formerly occupied by Hacienda Monte Alto.
As part of Choice Cable’s integration process, Liberty Business now offers fiber optic coverage for business services throughout the entire island, the company announced Tuesday.
Puerto Rico will be $923 million in the hole by summer if it meets all of its upcoming obligations, including debt service payments and payments to suppliers, as the fiscal crisis tightens its grip on the island’s finances.
PPG Architectural Coatings announced that it will be pulling the plug on the production of Glidden and Superior brand paints at its Carolina facility, which will be converted to a large-scale distribution center.
Puerto Rico hospitals will soon begin receiving the same basic reimbursement rate — known as the “base rate” — as hospitals in the U.S. mainland for treating Medicare patients, Resident Commissioner Pedro Pierluisi said Monday.
Recent news coverage about Puerto Rico has focused on its high public debt and imminent default while, in U.S. Congress, powerful lobbies seem to hold more sway over Puerto Rico’s future than do more than 8 million U.S. citizens.
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