Seeking to “enhance and strengthen” its professional staff, Gurabo’s American Academy recently appointed Carmen Ana Pérez as the new headmistress of the institution, school CEO Juan C. Consuegra announced.
VIG Mortgage will expand its business footprint on and beyond the Puerto Rican territory this year, investing some $200,000 to open a branch in Orlando and two more on the island, company officials said Tuesday.
The arrival of Red Lobster, Olive Garden and more Longhorn Steakhouse eateries to Puerto Rican shores will represent the creation of some 2,000 new jobs and investments of about $36 million by 2017.
Best Western International plans to strengthen its North American and Caribbean reach with nearly 120 properties to either be constructed or converted this year, company officials said Tuesday. More than 80 percent of these hotels expected to fly the Best Western Premier or Best Western Plus flags.
The challenges that Puerto Rico’s construction sector is facing, driven primarily by fiscal constraints and volatility in certain markets, will remain a constant in the next two years, when the industry will have to be creative to move forward, a well-known economist said during a recent forum.
America Cruise Ferries, owner of the ferry connecting Puerto Rico and the Dominican Republic, announced Monday a temporary schedule change for the upcoming busy Easter and summer seasons, when it will only sail between Santo Domingo and San Juan.
Puerto Rican companies are still lagging well behind countries throughout Latin America in terms of fully incorporating social media platforms — Facebook, Twitter, YouTube, blogs and Google Plus — into their ongoing communications strategies, Burson-Marsteller’s “Latin America Social Media Check-up 2013” revealed.
Expedia Inc. will officially bestow its “Top Destination of the Year” award to the island of Puerto Rico this week, during the Caribbean Travel Marketplace’s annual conference this week in the Bahamas, the online travel company announced Monday.
Fitch Ratings announced Thursday it had completed its review of four rated Puerto Rican Banks — Doral Financial Corp., First BanCorp, Popular Inc. and Santander Bancorp — adjusting and affirming its ratings and outlook for each financial institution.
Following a seven-month evaluation process, the Puerto Rico Manufacturers Association has named Economist and Attorney Jaime García as the trade group’s new executive director, effective Feb 1. He succeeds William Riefkohl, who announced in the summer he would be stepping down from the post after 15 years.
Women-owned small businesses will have greater access to federal contracting opportunities as a result of changes included in the National Defense Authorization Act of 2013 (NDAA) to the U.S. Small Business Administration’s Women-Owned Small Business Federal Contract Program.
Gov. Alejandro García-Padilla filed the “Jobs Now Act” bill Wednesday outlining his strategy to create 50,000 jobs in 18 months and the incentives companies will get in exchange for making opportunities available for out-of-work Puerto Rico residents.
Mega-mall developer DDR Corp. announced Wednesday plans to expand its redevelopment program on the island from $50 million to $90 million, creating additional space at its four shopping centers. As a result, it will sign up new tenants, including the first Bath and Body Works store in Puerto Rico, to be located in Plaza del Sol in Bayamón.
Puerto Rico Trade Company Executive Director Francisco Chévere and Small Business Administration Regional Director Jorge Silva Puras, signed a collaboration agreement to maximize the benefits of the services currently offered by both institutions and will help promote the growth and development of the small and medium-sized enterprises.
Seeking to put a plug in the island’s significant “brain drain” problem, Puerto Rican Minds in Action, a nonprofit organization led by young students and professionals announced the opening of enrollment for its fourth “Empowerment and Retention of Agents of Change” program (known as PARACa in Spanish) slated for the summer.
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