Puerto Rico’s economic situation has reached rock bottom, but it may as well be standing on quicksand given the instability of the U.S. economy and subsequent federal cutbacks, the volatility in petroleum prices and a potential deterioration of the housing market once local incentives run out.
Kiero Kiero, the newest player to join the increasingly popular deal-of-the-day group savings craze, launched its service in Puerto Rico this week with the first of many deep discount offers for food and entertainment planned for the local market.
Oscar Quiles, president of the Pentaq Manufacturing Corporation in Sabana Grande, is one of 10 minority-owned small business executives vying for the title of National Minority Small Person of the Year to be granted during the 29th annual Minority Enterprise Development (MED) Week conference, Sept. 27-30.
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