The tourism sector raised a red flag Tuesday over the filing of a Senate Bill late last week that would effectively kill Meet Puerto Rico, the island’s convention and groups coordinator responsible for generating more than $110 million a year for the local economy.
Puerto Rico consumer attitudes vary significantly based on two factors: where they live and who they live with, with sharp contrasts reflected between people living along the island’s eastern coast and the west, according to the results of a study commissioned by the Puerto Rico Marketing, Industry and Food Distribution Chamber (MIDA for its Spanish acronym).
Pittsburgh, PA — Music and sports are two pursuits that cross borders and link cultures. This weekend, this northeastern city relied on both to convey its desire to boost diversity and attract more Latinos, which are significantly underrepresented in this community.
Consumer viewpoints on online privacy vary widely by geography and the type of activity engaged in while surfing the Web, a recently released study by EMC Corporation concluded.
Contrary to what the government has been asserting over the past few months, the proposed budget for Fiscal 2015 will not be a balanced one because it is not factoring in sufficient appropriations to cover bond interest payments due, the Center for a New Economy said Wednesday.
Puerto Rico’s retail sector reflected positive year-over-year growth in March and April, when activity grew by 2.2 percent and 1.3 percent, respectively, Puerto Rico Trade and Export informed Wednesday.
In an effort to pull individuals out of their dependence on the government and improve the island’s food security issues, Gov. Alejandro García-Padilla announced Wednesday several amendments to the local Supplemental Nutrition Assistance Program that will allow more families to continue or start working at farms, without losing their benefits.
Nearly six years after receiving $935 million from the U.S. Treasury through its Troubled Asset Relief Program, Popular Inc. announced Wednesday it has received the go-ahead from regulators to repay the amount.
The Office of the Commissioner of Financial Institutions, Puerto Rico’s banking watchdog, was left out of the talks leading to the agreement through which the Treasury Department approved a $229 million tax refund to Doral Financial Corp., the regulator said Tuesday during a House public hearing.
Oriental Bank and the Ana G. Méndez University System recently signed an agreement whereby the bank will provide management and advisory services to the institution on its 401K retirement plan.
The Puerto Rico Electric Power Authority’s chronic foot-dragging on allowing individuals and businesses to connect their renewable energy systems to the grid is causing the island to lose out on federal funding opportunities available from the U.S. Department of Agriculture’s Rural Development agency, this media outlet confirmed.
The United Automobile Importers Group (known as GUIA for its initials in Spanish) confirmed Monday that the downward spiral that Puerto Rico’s car industry has been on this year continued in May, when sales were down 6.7 percent year-over-year.
Puerto Rico’s chronic inability to fully tap into federal funding has short-changed the island out of millions in competitive grants and loans available for a cross-section of activities, a top government official said recently.
More than 1,000 players from 21 countries will converge in San Juan participate in the 12th World Championship Domino tournament, from July 26 to Aug. 2, municipal and competition authorities announced.
The Puerto Rico Community Foundation will split $152,492 in U.S. Department of Agriculture funding among three local nonprofits — the Centro de La Mujer y la Nueva Familia in Barranquitas, Corporación para el Desarrollo Económico de Ceiba, and Micro Empresarios de Vieques — to enable them to create jobs and economic opportunities in rural communities.
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