A group of Puerto Rican entrepreneurs, motivated by the desire to solve their own project financing challenges, on Wednesday launched Antrocket.com, the first Hispanic crowdfunding platform.
The tax season is again upon us, and with it, as taxpayers, we begin to wonder how much tax we are going to pay. Some of you might have done some preliminary calculations based on your expected income and based on the transactions that took place during the year.
The government of Jamaica announced Tuesday that the World Bank has agreed to provide technical assistance in respect of preparing a master plan to create a Caribbean logistics hub in anticipation of completion of the Panama Canal Expansion Project in 2015.
With 15 million square feet of shopping center space, over 20 of U.S. and world-renowned retail brands and top shopping center operators, Puerto Rico remains the shopping Mecca of the Caribbean, according to leading experts participating in this year's 2013 ICSC Caribbean Conference, organized by the International Council of Shopping Centers (ICSC).
Throughout Hato Rey’s Golden Mile, sotto voce, there is talk about an imminent amendment to Law 154 to increase taxes on foreign corporations. Under the present law, the excise tax on these corporations just declined from 4 percent in 2011, to 3.75 percent in 2012, and effective this month down further to 2.75 percent.
The holidays are a time for family and friends, get-togethers and parties, and plumbing emergencies?
Christmas is a special time when many of us reflect on how thankful we are for what we have and are inspired to do something for those who are less fortunate. Whether it be through monetary donations, gifts, food, or music, we want to bring them joy and a little comfort during the holidays.
MIDA, the Marketing, Industry and Food Distribution Chamber, recently offered its members the results of a study on the situation of the industry. The study included a survey of 28 industry leaders who delved into the impact that demographic changes are having on the purchase and consumption of food.
Recently, and in view of the very serious challenges facing Puerto Rico, some analysts have called for a Compact among the various interest groups in society to agree on basic development issues. I fully agree with the need for what I would call a Compact for Puerto Rico (in Spanish, “Pacto por Puerto Rico").
As tired as I was over a sleepless night —horrified after reading José Enrique Gómez’s murderer’s description of his vicious and vile death and deeply concerned about Puerto Rico’s present and future — I couldn’t miss our standing high-school monthly dinner, especially because two of my very best friends from school were in town.
With a change of government at hand and a new year ahead, it would be interesting to dare imagine a vision of a proactive, efficient and transparent Puerto Rico, that is, the opposite of what we have today in many respects.
The U.S. Environmental Protection Agency (EPA) has awarded nearly $200,000 in pollution prevention grants to the University of Turabo and the University of Puerto Rico’s Aguadilla campus to fund projects that will help prevent pollution in Puerto Rico.
To help break the economic dependence cycle of female victims of domestic violence and other socially disadvantaged women, FirstBank awarded a $5,000 donation to Ballet Concierto de Puerto Rico (BCPR) to provide training in sewing and work for 34 weeks to two participants of Casa Protegida Julia de Burgos and Hogar Buen Pastor.
UPS announced the launch of “Grow Your Business with UPS,” an online promotional program aimed at both new and current customers. This is the first initiative of its kind in the region, and it will be available in Argentina, Brazil, Dominican Republic, Mexico, and Puerto Rico.
The U.S. Small Business Administration (SBA) announced that it has given authority to Cooperativa de Ahorro y Crédito de Arecibo, better known by its acronym COOPACA, to provide financial assistance to small businesses under SBA’s 7(a) Loan Guaranty Program.
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