New cruise ship incentives law signed
July 5, 2011
The cruise ship industry, a cornerstone of the island’s tourism economy, will be getting expanded incentives and benefits when anchoring in Puerto Rico, following the approval of a sweeping law that will also favor the distribution chain, service providers and tour operators.
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Fortuño signing Housing Stimulus program extension today
July 5, 2011
Gov. Luis Fortuño will be signing a six-month extension to the 2011 Housing Stimulus law today, giving would-be homebuyers the chance to take advantage of exemptions on closing costs and taxes.
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Crowley buys Puerto Rico Freight Systems
July 1, 2011
Jacksonville-based Crowley Holdings Inc., parent company of the 119-year-old Crowley Maritime Corporation, announced Friday it has acquired the business and assets of Puerto Rico Freight Systems in Guaynabo, for an undisclosed amount.
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