CNE: Puerto Rico’s fiscal base has, will continue to erode
September 18, 2013
Puerto Rico's socioeconomic fiscal base has eroded and continues to erode significantly, while the central government and some public corporations are basically insolvent.
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Consumer Credit, COFECC partner to help local small biz
September 18, 2013
Aware that an individual’s financial health is key to the development of their micro, small and medium business ventures, Consumer Credit Counseling Services and the Corporation for Business and Community Financing, known as COFECC, announced Tuesday the terms of a partnership to help participants strengthen their knowledge and personal finance management.
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Domino’s opens 1st ‘Pizza Theater Store’ in Puerto Rico
September 18, 2013
Domino's Pizza is introducing a new store concept to the island, with the opening of Puerto Rico’s first free standing Pizza Theater Store in Canóvanas, where customers will be able to experience their pizza being freshly made and baked in front of them.
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Puerto Rico CPA Society swears in new president
September 18, 2013
The Puerto Rico CPA Society recently swore in its new president, Aníbal Jover-Pagés, as well as its new board, which will oversee and implement the professional trade group’s agenda during 2013-14.
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Puerto Rican retailer Gatsby marks 48th anniversary
September 18, 2013
Puerto Rican retailer Gatsby is marking its 48th the anniversary on the island this month with a lineup of activities to recognize its loyal customer base, company officials said.
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Spotlight on Puerto Rico’s bioscience industry this week
September 17, 2013
Puerto Rico’s biosciences sector, which accounts for about 28 percent of the island’s gross domestic product and generates more than 100,000 direct and indirect jobs, will look for ways to transform its future during its 10th annual “Biosciences Week” event this week.
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Oriental Mortgage goes after 1st-time homebuyers
September 17, 2013
Aware that buying a home can be daunting, Oriental Mortgage is launching a campaign to help first-time buyers ward off “Adquidofobia,” or buyer’s phobia of signing on the dotted line.
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Puerto Rico’s MBDA Business Center gets $75K to expand
September 17, 2013
The U.S. Department of Commerce's Minority Business Development Agency (MBDA) announced Monday a supplemental investment of $625,000 to five existing MBDA Business Centers, including the Puerto Rico office.
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1st ‘pop-up’ restaurant opens in Ponce this week
September 17, 2013
Latitud Sur, a “pop-up” restaurant that will open in Ponce as part of the North to South Gastronomic Fair taking place Sept. 19-22, will gather some of the island’s best chefs who will offer contemporary Puerto Rican food during the eatery’s short stint in front of Sears Home Life at the Plaza del Caribe mall, organizers said.
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Expedia Traveler Preference program boosts room nights
September 17, 2013
Hotels in the Caribbean that have enabled the Expedia Traveler Preference program have experienced an increase in their standalone (room only) year-over-year net room night production of 29 percentage points on average, according to analysis by the Expedia group released Monday.
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Puerto Rico gov’t drags $39B deficit, annual report shows
September 16, 2013
Puerto Rico’s government agencies, certain corporations and other entities are dragging a combined $39 billion net asset deficit, which represents an increase of approximately $5.3 billion when compared to the fiscal year ended June 30, 2011.
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Caribbean looks to Colombia for strategic investments
September 16, 2013
Caribbean markets are increasingly seeking investment opportunities in Colombia, showing particular interest in software, IT and business process outsourcing services as well as insurance and financial services, hotel infrastructure and construction materials.
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Human resources convention to focus on labor laws
September 16, 2013
The Puerto Rico Society for Human Resources Management will be hosting its annual convention Sept. 18-21, focusing on labor laws and the new competency model for HR professionals.
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Polytechnic to host 5th edition of PARK(ing) Day
September 16, 2013
For the fifth consecutive years, the Polytechnic University of Puerto Rico’s Landscape Architects Student Association will host PARK(ing) Day Puerto Rico, from 8 a.m. to 6 p.m. Sept. 20, along a stretch of Ashford Avenue in Condado, between the Ashford Presbyterian Hospital and La Concha hotel.
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NeoMed Center pumps $5.5M to expand facilities
September 16, 2013
NeoMed Center, a nonprofit corporation that operates several 330 primary health centers, is expanding its facilities in Gurabo through an investment of $4.9 million from federal funds.
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