Assuming that Puerto Rico’s economy were to grow at an annual rate of 1.75 percent starting in 2014, it would take six years for it to bounce back into pre-recession growth levels, local firm Estudios Técnicos predicted Thursday.
DirecTV, Puerto Rico’s largest satellite service provider, plans to expand its channel lineup — including a handful of high-definition networks — as well as introduce new set-top equipment to extend more features to its customer base, company officials announced Thursday.
Super Buy Furniture, a new company backed by local furniture chain Mueblerías Berríos, confirmed Thursday that it will reopen the 22 stores it picked up from retailer Pitusa as Casa Pitusa Muebles y Enseres on Dec. 4.
The Banker magazine has named Santander "Bank of the Year" in the United Kingdom, Mexico, Poland, Portugal, Argentina and Puerto Rico, the financial institution announced Thursday.
Keeping local capital well invested, protected and solid is crucial to Puerto Rico, as it is the only way to create jobs and move the economy, said Gregory Kaufman, newly appointed president of Popular Securities during his first meeting with members of the media Wednesday.
Joaquín Castrillo-Garratón has been named president of MAPFRE Puerto Rico effective in January after being promoted from his current post as executive vice president, said Raúl Costilla, who currently leads the operation.
Puerto Rican toy store Circo Toys is showing its commitment to pediatric cancer patients during the second edition of its “Naricitas de Amor” campaign, donating $1 for each clown nose sold at its 15 stores during the Christmas season.
BMW authorized dealer Autogermana recently introduced the X1 luxury “sports activity vehicle” to the Puerto Rico market, offering consumers a vehicle that combines the qualities of a sports sedan with the versatility of an SUV.
The Puerto Rico Bankers Association and the Federal Deposit Insurance Corporation will sponsor the sixth edition of the Minority Depository Institution Training Seminar Nov 29-30, to provide participants with an overview of last year’s challenges within the world of regulatory compliance.
The Puerto Rico Convention Bureau will be the main sponsor of the Puerto Rico Showcase & Travel Expo taking place Nov. 29-Dec. 2, that will bring together 80 meeting planners to gain an overview of what the island has to offer meeting and convention groups.
In its effort to assure a greater regional cooperation, the 7th selection committee meeting of the INTERREG IV Caribbean program 2007/2013, will be held for the first time in Puerto Rico, Nov. 28-29 at the InterContinental San Juan Resort & Casino, organizers announced Tuesday.
With the goal of conveying the message that “It’s like having a doctor in the family,” renowned medical services facility Clínica Las Américas in Guaynabo is taking on a new corporate identity: Salus, after the Roman goddess that embodies health, conservation and wellbeing.
Banco Popular de Puerto Rico announced that as part of its commitment to customer appreciation, it is bringing back, for the fourth year running, the traditional “Martes de Plaza” discounted shopping events.
In a move to continue achieving operational efficiencies, Puerto Rican retailer Pitusa is consolidating its hardware store business under its Metropolitan Lumber & Hardware Inc., a company it founded in 2009, News is my Business learned.
The Pontifical University in Ponce and Adjuntas-based nonprofit Casa Pueblo recently struck a partnership that pursues implementing economic development, agricultural, educational and cultural projects in central Puerto Rico through the exchange of ideas, services, resources and research techniques.
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