Puerto Rico Treasury Secretary Melba Acosta said Thursday the government collected $495 million in General Fund revenue in July, the first month of the current fiscal year.
The Puerto Rico CPA Society and the Economic Development Bank have partnered to, among other things, identify financing sources and services to help promote local products and services companies with the goal of creating jobs and strengthening existing businesses, EDB President Joey Cancel-Planas said Thursday.
The Puerto Rico Economic Development and Commerce Department, Puerto Rico Trade and Export and the Centro para Puerto Rico — headed by former Gov. Sila Calderón — signed a collaboration agreement Wednesday to create of 200 new jobs and develop an incubator for community enterprises in 2014.
Doral Bank announced Wednesday the 20 winners of this year’s edition of its “Despegue Empresarial” initiative — a component of its Mujeres d Éxito community program — through which it will assign a total of $700,000 to support the professional and economic growth of women in Puerto Rico.
The University of Miami School of Business Administration announced an alliance with the José Jaime Pierluisi Foundation to boost the number and amount of scholarships available to participants in the School’s Puerto Rico Executive MBA program.
A year after launching “Depósito Fácil” (“Easy Deposit”), a service that allows Banco Popular clients to deposit checks without having to use an envelope or fill out a deposit slip, the financial institution announced Tuesday it will be expanding the number of ATMs enabled to accept those transactions from 10 to 50 by the end of September.
With the goal of showcasing a broad range of local products and prove the island’s productive capacity, the Puerto Rico Products Association will sponsor the 4th edition of the “Made in Puerto Rico” fair.
EnterPrize, Puerto Rico’s most comprehensive business plan competition, is entering its eight year with a new focus on becoming a development platform that offers integrated support for future entrepreneurs.
Several entrepreneurial, self-starting projects that promote economic independence and job creation in communities throughout the northern part of the island will be receiving a boost from a collaboration between metropistas (Autopistas Metropolitanas de Puerto Rico, LLC) — the company in charge of managing Highways PR-22 and PR-5 — and the Sila M. Calderon Foundation.
In partnership with the United States Tennis Association (USTA), the Puerto Rico Tourism Co. announced its sponsorship of the U.S Open taking place in New York. As part of the unspecified multi-million dollar agreement, the agency will become an official sponsor of this year’s tournament.
Solar panels from SolarWorld, the largest U.S. solar manufacturer for more than 35 years, now power the largest solar-electric installation in the Dominican Republic.
The Puerto Rico Restaurants Association, known as ASORE, sponsored a seminar Tuesday on the recently approved Law 40, which has brought on a new set of taxes, and its impact on the industry.
Puerto Rico bankruptcies were down 2 percent in July, when 821 cases were filed at the U.S. Bankruptcy Court, research firm Boletín de Puerto Rico disclosed Monday.
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