Treasury: Tax deadline looms for Puerto Rico businesses
October 22, 2013
Puerto Rico corporations that close their books based on the calendar year, have until Friday (Oct. 25) to pay their estimated taxes, as per the recently enacted amendments to Law 117, Treasury Secretary Melba Acosta said Monday.
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HBO Go, Max Go available for Onelink, Liberty clients
October 22, 2013
Starting today, Liberty Puerto Rico will offer HBO Go and MAX Go to all OneLink and Liberty customers who are subscribed to HBO and Cinemax at no additional cost.
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B. Fernández y Hnos. Inc. marks 125 years in business
October 21, 2013
Distributor B. Fernández y Hermanos Inc. is marking 125 years of doing business in Puerto Rico, a history that dates to 1888 when three brothers — Bernardo, José and Constantino Fernández — acquired a “mom-and-pop” store in Old San Juan’s La Marina district and over the years turned it into the island’s seventh oldest business.
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Labor execs to discuss impact of Obamacare on sector
October 21, 2013
The Association of Labor Relations Professionals will discuss Obamacare and its impact on the labor sector, among other issues, during its monthly seminar slated for Oct. 24, from 1 p.m. to 5 p.m.
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Fitch: ‘Rocked Puerto Rico muni bonds hold tight’
October 18, 2013
Ratings on short- and medium-term notes issued by Puerto Rico municipal bond funds remain stable despite severe price volatility in the island's municipal market, Fitch Ratings service said Thursday.
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Santander launches retail banking brand in the U.S.
October 18, 2013
The Santander retail banking brand was launched in the United States Thursday to 1.7 million retail, commercial and small business customers across the Northeast, with the rebranding of Sovereign Bank, company officials announced.
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Sports Authority opens 1st Puerto Rico store, in Ponce
October 18, 2013
Sports Authority, one of the largest sporting goods retailers in the mainland, marked its entrance into the Puerto Rican market Thursday with the grand opening of its flagship store in Ponce.
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Hybrid Services joins ‘green’ stateside dealer network
October 18, 2013
Hybrid Services, a hybrid auto care facility in Puerto Rico, announced Thursday it has joined Virginia-based The Hybrid Shop (THS), a growing international network of dealers committed to providing expert care for hybrid-electric vehicles (HEVs), as a dealer partner.
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Mercedes-Benz CLA 250C taking on Puerto Rico roads
October 18, 2013
The new spacious, sporty and stylized Mercedes-Benz CLA 250 model will be hitting Puerto Rican roads, bringing its innovative features to the market at a price starting at $39,000.
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Regatta, sailing festival on deck for Ponce next month
October 18, 2013
The Ponce Yacht & Fishing Club will be celebrating its 60 years of sailing history with a regatta and sailing festival with shore side events at its facilities in the southern Puerto Rican town during the weekends of Nov. 2-3 and 8-10, PYFC Sailing Director Jan González announced.
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Microfinanzas Puerto Rico gets federal certification
October 17, 2013
Microfinanzas Puerto Rico President Annette Montoto said Wednesday that the microfinancing firm has been reorganizing its structure as of late — striking new strategic partnerships and reinforcing its services —to more effective cater to its entrepreneurs client base.
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Puerto Rico start-ups draw investor interest in NYC
October 17, 2013
Startups of Puerto Rico held its first Puerto Rican start-ups presentation to investors in New York City Wednesday, which group officials said expressed an interest in the projects that were unveiled.
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Origami Sushi franchise opening in Puerto Rico in ’14
October 17, 2013
FransGlobal, owners of the Taco Maker franchise in Puerto Rico, plans to open two Origami Sushi restaurants on the island in 2014, marking the entrance of the new chain to the island.
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Doral Bank offers solutions to help stretch your dollar
October 17, 2013
Doral Bank recently launched a new strategy called “Stretch your dollar with Doral” focusing on the benefits that its accounts and products offer, especially checking accounts that feature tools that help stretch a dollar.
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Puerto Rico gov’t projects 17% revenue growth in FY ’14
October 16, 2013
Puerto Rico government officials told investors Tuesday that the Commonwealth's Fiscal 2014 General Fund budget revenue will grow by $1.7 billion, or 17 percent, largely due to new tax measures, amendments to Law 154 and an expansion of the Sales and Use Tax (IVU, as it is known in Spanish) base.
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